SHARC Energy Secures $3.7 Million in Equipment Orders, Demonstrating Continued Momentum and Expansion into New Markets

Executive Summary

• SHARC Energy announced approximately $3.7 million of new Wastewater Energy Transfer (WET) equipment orders, raising its total sales order backlog to $7.1 million, a 109 % increase since the prior disclosure on December 1 2025.
• The new orders span three distinct end‑markets: a Vancouver district‑energy system, a major West Coast U.S. airport, and a retrofit of a multi‑family senior‑housing development on Staten Island, NY, demonstrating geographic and sector diversification.
• Management highlighted that the expanding backlog reflects growing market awareness, a maturing sales pipeline, and increasing demand for scalable thermal‑energy solutions aligned with decarbonization goals.

Key Details

• New equipment orders: ~ $3.7 million (non‑IFRS measure) added to existing backlog.
• Total Sales Order Backlog: $7.1 million (no shipments or adjustments accounted for since Q3 2025).
• Backlog growth: +109 % versus the December 1 2025 disclosure of $3.4 million.
• Project locations & sectors:
• Vancouver, BC – district‑energy system.
• West Coast U.S. airport – transportation infrastructure.
• Staten Island, NY – retrofit of a multi‑family senior‑housing residential development.
• Strategic relevance: Confirms SHARC’s focus on expanding beyond traditional multi‑family/commercial buildings into transportation, large‑scale district energy, and institutional/utility‑scale markets.
• Revenue timing expectation: Historically, sales order backlog converts to revenue roughly one year after disclosure, subject to project mix.
• CEO Quote (Michael Albertson): Emphasized validation of market messaging, adoption across core and adjacent markets, and the role of WET technology in reducing energy waste, electrifying thermal loads, and enhancing system resilience.

Notable Quotes

“These orders validate what we have been communicating to the market over the past several years,” said Michael Albertson, CEO and President of SHARC Energy.
“SHARC Energy’s WET technology continues to gain adoption across both our core new build multi‑family residential markets and new adjacent market sectors…”