KARNO Power Module Public Unveiling
The KARNO Power Module was unveiled at the ACT Expo, receiving positive responses from current and prospective customers.
Non-binding LOI with Mesa Natural Gas Solution
Signed a non-binding LOI with Mesa Natural Gas Solution for joint demonstration of the KARNO Power Module and potential for up to 12 units.
U.S. Navy Collaboration
Delivered the first KARNO Core to the U.S. Navy, with successful testing and no unplanned downtime since March.
Revenue Guidance Reaffirmed
Reaffirmed revenue guidance for 2025 between $10 million and $15 million, driven by early adopter unit deployments and R&D activities.
Additive Manufacturing Expansion
Over 20 additive printers installed, including GE's latest M-Line machine, enhancing production capabilities.