EVTS FIREFLY ESV - Initial PO for a first lot of 1,000 low-voltage Coil Drive Systems with additional units over a 36-month term
SEA ELECTRIC F59 DELIVERY VAN -Initial PO backed by MSA for minimum of 1,500 highvoltage Coil Drive Systems over a 36-month term; Onroad pilot as early as Nov 2022
VICINITY LIGHTNING E-BUS -Initial PO backed by MSA for up to 2,500 high-voltage Coil Drive Systems over a 36-month term
MAJOR EUROPEAN NDA PARTNER - New product development incorporating Coil-Driver to introduce a hybrid dieselelectric powertrain for offhighway application; Initial samples in Q1 2023
Fully executed these MSA’s would equate to >US$100 M in revenue and <20% of annual production capacity