First Offtake Letter of Intent for CERENERGY GridPacks

Release Highlights:

• Strategic Offtake Letter of Intent agreement
• Schwarze Pumpe Industrial Park Association transitioning to alternative energy
• Offtake for 30MWh of 1MWh CERENERGY® GridPacks per annum for the first five years of production
• Agreement to also collaborate to convert industrial park from coal to renewable energy
• Altech’s CERENERGY® GridPack storage solution integrated
• GridPack deliveries start by mid-2027 or when plant is ready