XLR8 America issued a $20.7 million purchase order as part of a strategic alliance with DG Matrix aimed at fulfilling future orders for its expanding customer base.
Starting in 2025, XLR8 and DG Matrix will collaborate closely to proliferate DG Matrix’s technology throughout the United States, including a new product that will debut in Q1/25.
“We are excited to announce not only a significant purchase order for $20.7M but also a strategic partnership with DG Matrix,” Frank O’Connor, CEO of XLR8 America, said. “This partnership is more than just a business deal; it reflects a commitment to revolutionizing the microgrid and charging industry with transformative technology and financial backing.”
“This MOU is a testament to the strength of our partnership and the significant impact we plan to make in the industry,” Haroon Inam, CEO of DG Matrix, said. “Together, we are positioned to deliver solutions that will shape the future of microgrids and EV charging.”
