Chris Tuttle's questions to Acorn Energy Inc (ACFN) leadership • Q4 2024
Question
Chris Tuttle asked for clarification on the large cellphone provider contract, inquiring about how the final unit count will be determined, the reason for the accelerated shipment pace, and the company's supply chain readiness. He also questioned if monitoring revenue would see a corresponding acceleration.
Answer
CEO Jan Loeb explained that the final unit count depends on customer purchase orders and the total opportunity could be double the current range. He attributed the accelerated pace to the customer's need to ensure cell tower uptime. Loeb affirmed the company's supply chain is prepared and that while monitoring revenue will increase, hardware revenue will remain a larger figure due to its higher initial price point.