Spectaire Announces Delivery Of A 500 AireCore Unit Order With $5M Annual Recurring Revenue Potential To Its Previously Announced Customer In The Energy Industry

Multi-billion-dollar market cap customer targets scope 1 emissions reduction

 

Combined with recent orders, this annual recurring revenue at full deployment has the potential to bring company to positive cash flow

WATERTOWN, Mass., July 22, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ:SPEC) ("Spectaire"), a pioneer in environmental measurement technology, is pleased to announce initial delivery of AireCore units to its previously announced customer in the energy industry.

"When fully deployed this order, combined with orders received from our Logistics customers, has the potential to generate enough recurring revenue to bring our company to positive cash flow," said Brian Semkiw, CEO of Spectaire.