We will be in the dollars if news is ....A huge order alaa ELF...certification...and perhaps the name.
......after reporting the delivery of the first units of the power control solution (PCS) developed for its German automotive customer. The units have passed all functional testing detailed in the specification of the previously announced development contract entered in to in March 2016. The completed PCS is on schedule for certification and on target for general availability through Eguana’s partner in late 2016. Volume order negotiations have begun and the Company expects orders to begin shipping in the fall. “With a general product availability target within 2016 the development teams were under significant pressure to deliver a custom product in less than 90 days,” commented Justin Holland, CEO of Eguana. “Through a very tight collaboration this goal was achieved, functional testing was a success and the product will now be certified through the regulatory process and available this calendar year.” The identity of the battery manufacturer cannot be released at this time in order to maintain customer confidentiality and for strategic reasons.