Thermal Energy International Inc. Receives an Additional $1.6 Million Order to Deliver Customized HeatSponge Heat Recovery Units to the Arctic

Core Insights - Thermal Energy International Inc. has received a $1.6 million order for eight custom-engineered HeatSponge heat recovery units for a remote Arctic mining operation, following a previous order of two units for approximately $400 thousand [1][2][8] Group 1: Project Details - The project is one of the largest and most technically challenging HeatSponge orders in Boilerroom Equipment Inc.'s history, with all units engineered to withstand extreme conditions such as high temperatures, pressure, and vibration [2][3] - The mine's accessibility is limited, requiring innovative logistics solutions, including modular construction techniques to facilitate shipping via standard cargo aircraft [3][4] Group 2: Technical Innovations - Key innovations include a modular build designed for standard cargo aircraft, plug-and-play assembly for on-site crews, a 22% efficiency boost from the heat exchanger design, and a durable casing made of reinforced stainless steel [5][7][14] - The design also features dual-layer access doors to reduce exhaust leakage and custom finned tubes tailored to site constraints [14] Group 3: Financial Expectations - Revenue from this order is expected to be recognized within 12 months, with gross margins anticipated to align with historical project margins [8]