Sprintex expands global pipeline as Mest Water rollout slips by three months

Sprintex Limited ( (AU:SIX) ) has provided an update.

Sprintex reported a strong March quarter marked by international expansion, with new distribution agreements in South Korea, Bangladesh and Saudi Arabia, and continued progress in India, the UK and Europe. The company now has four revenue streams across ten markets, supported by a growing pipeline in water treatment and hydrogen compression, although the Mest Water program has experienced a short delay.

Management disclosed that first deliveries for the Mest Water zero-liquid-discharge manure treatment program have been deferred by about three months to June 2026 due to severe winter conditions in the Netherlands that slowed initial installations. The company stressed the delay is operational rather than technological, with commissioning underway, government engagement progressing and expectations that the timeline will realign in the second half of 2026.

In India, Sprintex deepened its presence through 37 newly appointed Euroteck channel partners and a 150-unit demonstration order, building on a successful reference installation at Delhi Jal Board’s Kondli facility and supporting a weighted near-term sales pipeline. This broader partner network is intended to accelerate conversion of more than a dozen identified opportunities, underpinning the company’s strategy to scale in one of its key growth markets.

The hydrogen segment advanced with an exclusive South Korean distribution deal with ChoisTechnics Corp. for fuel cell compressor supply across mobility and stationary applications, complemented by joint participation at a major hydrogen congress in China. Ongoing evaluations with Doosan Corporation and existing relationships with Vinssen and Global Nova are strengthening Sprintex’s position in one of the world’s most advanced hydrogen economies.

In the UK, the company passed a key selection stage in a major water utility procurement process and has moved into the contractual compliance and invitation-to-tender phase, positioning it among a small group of pre-qualified suppliers. This status could provide access to a £104 billion water infrastructure investment cycle, potentially transforming Sprintex’s long-term order book and reinforcing its credentials in the utility sector.

Post-quarter, the Bangladesh and Saudi Arabia distribution agreements broadened the jet blower pipeline, with the Saudi deal immediately leveraged into a tender submission for blower supply to the King Salman International Airport wastewater treatment works. That opportunity is valued at more than A$5 million, with a tender decision expected in the second half of 2026, underlining the scale of new projects the company is targeting despite short-term program timing issues.

More about Sprintex Limited

Sprintex Limited operates in the clean-technology and industrial equipment sector, supplying high-efficiency jet blowers and related aeration systems for water and wastewater treatment, as well as compressors for hydrogen fuel cell applications. The company is expanding its global footprint with operations and distribution across ten geographies, targeting major water utilities, industrial wastewater customers and emerging hydrogen economies.

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