Emphasizes:
Flotek’s PWRtek platform, understood for incorporating sophisticated information analytics with robust power generation, will help with effective operations and real-time tracking to optimize system efficiency and reduce downtime.
About Flotek Industries, Inc.
Flotek Industries, Inc. is a leading chemistry and information innovation business concentrated on servicing the Energy market. The Business’s innovations utilize near real-time information to provide ingenious options to optimize client returns. Flotek has a copyright portfolio of over 130 patents, over twenty years of field and lab information, and an international existence in more than 59 nations.
Flotek has actually developed collective collaborations concentrated on sustainable and enhanced chemistry and information options, intending to decrease the ecological effect of energy on land, air, water and individuals.
Positive Declarations
SOURCE Flotek Industries, Inc.
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HOUSTON, March 3, 2026/ PRNewswire/– Flotek Industries, Inc. (NYSE: FTK), a leader in sophisticated chemistry, real-time information analytics, and ingenious energy options, today revealed its very first agreement within the energies facilities sector. Leveraging its exclusive PWRtek platform, Flotek will partner with leading dispersed power company to collaborate the setup of as much as 50 megawatts (” MW”) of advanced power generation devices, consisting of sophisticated gas circulation and clever conditioning systems, to support vital federal catastrophe healing efforts. The affected location was struck by a devastating wind occasion, which triggered substantial damage to regional power facilities. This implementation utilizes real-time information analytics for exceptional performance, making sure durable power that drives neighborhood healing forward.
- Capability & & Solutions: Approximately 50 MW of robust, scalable power incorporated with Flotek’s exclusive PWRtek advanced gas circulation and clever conditioning skids for smooth fuel management and real-time optimization.
- Agreement Factor To Consider: Income throughout the preliminary six-month term will be figured out by the client’s last power requirements, which might amount to 50 MW, along with the timing of devices scaling and implementation. If the complete 50 MW were to be released for the whole six-month term, the Business anticipates agreement profits would amount to roughly $1 million per MW.
Devices implementation is anticipated to ramp over numerous weeks following the designated agreement start date, permitting phased setup and functional combination. The Business will offer extra updates concerning awaited power requirements, implementation timing, and anticipated monetary effect upon conclusion of all needed technical, ecological, and functional evaluations.
- Period: The six-month preliminary term is anticipated to start throughout the 2nd quarter of 2026 (with client alternative to extend an extra 4 years at the very same regular monthly rental rate).
Under the existing agreement, Flotek will provide and activate advanced clever conditioning skids and advanced gas circulation devices in assistance of releasing an as much as 50 MW power option. These exclusive elements transform fuel shipment: the clever conditioning skids instantly spot and reduce the effects of liquid slugs or high-BTU impurities, making sure constant, enhanced efficiency with incorporated BTU metering and emergency situation shutdown safeguards; while, the gas circulation skid supplies independent fuel control to each genset, enabling smooth upkeep without disrupting the power circulation and guaranteeing uptime even in severe conditions. This powerhouse setup will stimulate a recently built domestic place and assistance regional vital facilities.
” This agreement is a significant turning point showcasing Flotek’s knowledge in providing massive, high-reliability energies facilities assistance under hard conditions,” stated Ryan Ezell, CEO of Flotek Industries. “Integrating effective gas powered gensets with our exclusive PWRtek platform– including clever conditioning skids, real-time analytics, and advanced gas circulation– we’re supplying a safe, effective, high-uptime option developed for vital power healing. This chance highlights strong need for our sophisticated power innovations in emergency situation and facilities markets as we continue to advance our business method through the merging of real-time information and chemistry options.”
Flotek is based in Houston, Texas and its typical shares are traded on the New York Stock Exchange under the ticker sign “FTK.” For extra info, please see www.flotekind.com.
Specific declarations stated in this news release make up positive declarations (within the significance of Area 27A of the Securities Act of 1933 and Area 21E of the Securities Exchange Act of 1934). These declarations consist of, without constraint, declarations concerning Flotek Industries, Inc.’s service, monetary condition, outcomes of operations and potential customers, along with declarations concerning the anticipated earnings to be gotten under the agreement, the overall regard to the agreement, the timing of the scaling and implementation of the devices under the agreement, the overall power capability and running efficiency of the devices as soon as released, and the Business’s capability to carry out under and please the conditions of the agreement. Words such as will, continue, anticipates, expects, means, strategies, thinks, looks for, price quotes and comparable expressions or variations of such words are meant to recognize positive declarations, however are not the unique methods of determining positive declarations in this news release. Although positive declarations in this news release show the excellent faith judgment of management, such declarations can just be based upon truths and aspects presently understood to management. As a result, positive declarations are naturally based on dangers and unpredictabilities, and real outcomes and results might vary materially from the outcomes and results talked about in the positive declarations. More info about the dangers and unpredictabilities that might affect the Business are stated in the Business’s latest filing with the Securities and Exchange Commission on Kind 10-K (consisting of, without constraint, in the “Danger Aspects” area thereof), and in the Business’s other SEC filings and openly readily available files. Readers are prompted not to put excessive dependence on these positive declarations, which speak just since the date of this news release. The Business carries out no responsibility to modify or upgrade any positive declarations in order to show any occasion or situation that might emerge after the date of this news release.
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