Long-term Customer ContractsSigning multi-decade Power Purchase Agreements with California customers secures long-duration revenue streams and validates demand from institutional clients such as healthcare and municipal properties.
Margin ImprovementSequential improvement in gross margins suggests progress toward more scalable unit economics as deployment volume increases.
Revenue Growth And Geographic ExpansionRevenue surged driven by higher fleet deployments, strategic pricing, and expansion into new regions, signaling accelerating commercial adoption.