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Message: How many of you are waiting for this FY end to make a decision?

What I am waiting for is the UL certification of the LFP cell and hivoltage module.  I remember that in April 2022 Electrovaya got UL certification for the NMC cell, modules & battery.  The following year saw a tremendous jump in revenue.  Now we again are awaiting UL certification.  When that comes we should see new orders announced.  This also should be followed by a large jump up in revenue.  This revenue will come from several new verticals.  The largest will be BESS systems both for a US customer and as we just saw a Sumitomo customer.

Bring on the UL certification !

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