Company reports second half 2021 sales of $98 million, an increase of 416% year over year; record contracted backlog at year end, representing over 48% of the Company’s 2022 revenue target; and issues formal revenue guidance of $170 million for 2022, consistent with prior forecast.

DCRN has commenced mailing of its definitive proxy statement and a notice and voting instruction form or a proxy card relating to the special meeting of the DCRN stockholders to DCRN stockholders of record as of the close of business on December 6, 2021, who will be entitled to attend and participate in the Special Meeting.

Aqua superPower is collaborating with Tritium to deliver the first global marine-specialised fast charging network.

DCRN’s definitive proxy statement relating to the previously announced business combination with Tritium has been filed with the U.S. Securities and Exchange Commission on December 21, 2021.

Tritium’s charging technology will be used to expand Osprey’s network with over 100 rapid chargers across 40 new charging destinations, increasing Osprey’s network by 25%.

Agreement is expected to accelerate supply of Tritium DC fast chargers to Shell’s business operations in Europe, South Africa, Asia, the Middle East and North America.

The PKM150 is the first charger in the PKM line and the first charger that enables a shared power system, designed to reduce customers’ capital investment while maintaining high charger availability and power output to EVs.

This facility is expected to bolster Tritium’s liquidity upon closing and will provide additional working capital.

New facility features an electromagnetic compatibility (“EMC”) testing chamber with one of the highest power test capabilities in the world, along with other key test and certification enablers including thermal chambers for testing in extreme temperatures.