- SHARC (SHRC) has received a purchase order for two PIRANHA systems from a housing project in Colorado
- The PIRANHA system extracts and transfers heat from wastewater to supplement heating and cooling needs
- It is projecting 30 PIRANHA purchase orders over the next twelve months, which is up from six units delivered in 2021
- SHARC specializes in energy recovery from wastewater for the heating and cooling of commercial, residential and industrial buildings
- SHARC (SHRC) is up by 8.06 per cent and is currently trading at $0.335 per share
SHARC (SHRC) has received a purchase order for two PIRANHA systems from a housing project in Colorado.
The PIRANHA system extracts and transfers heat from wastewater to supplement heating and cooling needs.
The order represents the beginning of an anticipated growth year for PIRANHA sales driven by the company’s representative network.
Its sales pipeline and sales order backlog suggest a baseline of 30 PIRANHA purchase orders covering 15 installation sites, which should generate C$2.1M in revenue over the next 12 months.
This is a significant increase from one unit delivered in 2019, three in 2020 and six in 2021.
SHARC specializes in energy recovery from wastewater for the heating and cooling of commercial, residential and industrial buildings.
SHARC (SHRC) is up by 8.06 per cent and is currently trading at $0.335 per share as of 1:35 pm EST.