03:21:18 EST Thu 05 Feb 2026
Enter Symbol
or Name
USA
CA



Sharc International Systems Inc
Symbol SHRC
Shares Issued 164,563,824
Close 2026-02-04 C$ 0.095
Market Cap C$ 15,633,563
Recent Sedar+ Documents

Sharc receives $3.7-million in equipment orders

2026-02-04 17:37 ET - News Release

Mr. Michael Albertson reports

SHARC ENERGY SECURES $3.7 MILLION IN EQUIPMENT ORDERS, DEMONSTRATING CONTINUED MOMENTUM AND EXPANSION INTO NEW MARKETS

Sharc International Systems Inc. has secured approximately $3.7-million in Sharc Energy equipment orders, increasing sales order backlog by 109 per cent since the previous disclosure on Dec. 1, 2025, of $3.4-million. This brings the total value of sales order backlog to $7.1-million without consideration for any shipments or adjustments since the third quarter of 2025.

The newly secured WET equipment orders underscore the continued commercial traction and execution into multiple end markets. The equipment orders include projects spanning a Vancouver-based district energy system, a major Westcoast U.S. airport and a retrofit of a multifamily senior housing residential development on Staten Island in New York, reflecting both geographic and sector diversification.

"These orders validate what we have been communicating to the market over the past several years," said Michael Albertson, chief executive officer and president of Sharc Energy. "Sharc Energy's WET technology continues to gain adoption across both our core new build multifamily residential markets and new adjacent market sectors, as owners, developers and operators seek proven, scalable solutions to reduce energy waste, electrify thermal loads and improve overall system resilience."

In previous disclosures, the company highlighted its strategic focus on expanding beyond traditional multifamily and commercial building applications into new markets such as transportation infrastructure, large-scale district energy systems, and other institutional and utility-scale opportunities. The diversity of projects included in the purchase orders reinforces this strategy and demonstrates the versatility of Sharc Energy's technology portfolio across a wide range of thermal energy use cases.

Sharc Energy's waste water energy transfer systems are designed to harvest and transfer thermal energy from waste water and other hydronic sources, providing a reliable, all-electric solution for heating and cooling. The technology is increasingly being adopted in complex, high-demand environments where energy efficiency, decarbonization and operational reliability are critical.

The company believes this continued growth in its sales order backlog reflects increasing market awareness, a maturing sales pipeline and rising demand for scalable thermal energy solutions aligned with decarbonization and electrification objectives.

Based on the company's historical cadence, sales order backlog turns to revenue in roughly a year from disclosure date, subject to project mix. Sharc Energy will continue to provide updates as projects progress and additional orders are secured.

About Sharc International Systems Inc.

Sharc International is a world leader in energy transfer with the waste water it sends down the drain every day. Sharc Energy's systems exchange thermal energy with waste water, generating one of the most energy-efficient and economical systems for heating, cooling and hot water production for commercial, residential and industrial buildings along with thermal energy networks, commonly referred to as district energy.

Sharc Energy is publicly traded in Canada, the United States and Germany, and you can find out more on its SEDAR+ profile.

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