Clean Energy Technologies (CETY) Secures $400,000 Deal with Sagacity | CETY Stock News

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2 days ago
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Clean Energy Technologies, Inc. (CETY, Financial) has entered into a strategic agreement with Sagacity, a company dedicated to advanced design, manufacturing, and system integration with an emphasis on clean energy and distribution. This partnership has resulted in a $400,000 sales commitment for CETY’s magnetic bearing Organic Rankine Cycle (ORC) heat recovery solutions.

The agreement is a significant step forward for CETY as it focuses on accelerating the development of a cutting-edge 350 kW magnetic bearing ORC system. This system is intended to enhance the scalability of clean energy generation, specifically targeting large industrial and commercial applications. The collaboration with Sagacity represents a crucial move to boost the adoption and efficiency of clean energy technologies in various sectors.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.