Camber Energy Inks CDN$3.8M Purchase Order From Simson-Maxwell For 3.5MW Customized Power System
Portfolio Pulse from Benzinga Newsdesk
Camber Energy, Inc. (NYSE:CEI) has received a CDN$3.8 million purchase order for a 3.5MW customized secondary power system from Simson-Maxwell Ltd., its majority-owned subsidiary. The system is expected to be shipped to Iqaluit, Canada, in early 2025.
May 28, 2024 | 12:39 pm
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Camber Energy has secured a CDN$3.8 million purchase order for a 3.5MW power system, expected to be shipped in early 2025. This order could positively impact the company's revenue and market perception.
The purchase order represents a significant revenue opportunity for Camber Energy and demonstrates the market demand for its power systems. The shipment timeline also suggests a steady revenue stream into early 2025.
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