The renewable energy technology company commercialises its technology in three divisions - Automotive, Consumer Electronics and
"Since the IPO, the growth opportunities... have expanded further. We remain focused on both delivering the existing milestones in DP&G [
The company's current financial year ends
It said within its
The company said discussions are ongoing in its Consumer Electronics business with the company's manufacturing partners to enable the production of more than 50,000 first generation Upp devices as part of the initial roll-out for the product launch.
The Upps device allows mobile users to power USB-compatible portable electronic devices with a single Upp cartridge, typically delivering up to one week of energy for smartphones.
"The phasing of production is currently being ramped up and discussions with major launch customers continue; this should result in the aforementioned volumes being delivered before the end of this calendar year," the company said in a statement.
The company said it expects to release its full-year results on
Most Popular Stories
- Small Businesses Add 3 More Worries to Their List
- 2015 Mazda MX-5 Miata Is Fast and Eager
- Tablets, Cars Drive AT&T Gains
- DOMA Tech Adding Jobs to Process VA Claims
- Tech Firms Flock to LA's 'Silicon Beach'
- Apple Warns of China iCloud Attack
- Job Hunting Is Hard Work
- Consumer Prices Edge Up, Surprising Economists
- Ford, GM Expect to Report Strong Profits
- Stocks Subdued After Gains Earlier in Week