Tritium intends to use the proceeds from the private placement to continue scaling its global operations, including production, sales and administrative support, during its ongoing business combination with DCRN (NASDAQ: DCRN, DCRNW, DCRNU).
The new battery and energy management system is expected to help site owners and operators achieve greater cost savings, more site resilience and accelerated build timelines.
Tritium has partnered with ReCharge Alaska to deploy direct current (“DC”) fast charging solutions in Cantwell, Alaska, which can get as cold as -45 degrees Fahrenheit.
With the partnership, Solcon Industries becomes an official channel partner and service provider of Tritium’s range of fast charging technology to help meet the growing demand for EV charging infrastructure in Israel and Palestine.
First project, at a BHP Mitsubishi Alliance (BMA) mine in Queensland, provides the mining industry with a pathway to achieve carbon emissions reduction goals.
