Signed 3 new project deals and closed new financing from existing investors.

Signed several new design licenses and deployed agents to help manufacturers enrich and validate market data using a range of public portals and private databases.

Signed their first PoC with JetScale to provide an optimized container on performance-based pricing, up and running within 7 days.

Renewed and expanded an anchor customer contract, and submitted $1.6M in proposals.

Closed a record-high sales month with 450 units sold.

Closed $500K in new business including top farmland owners and an expansion with Mark Anthony Group, who also made a strategic investment.

Received 4 purchase orders from new customers and delivered on significant repeat orders with international customers.

Expanded an existing contract with a small modular reactor company to $255K USD annually.

Progressed to contract negotiations with one of the largest OEMs in the industry and a major Canadian network operator.

Signed an MoU with Fulcrum Point Holdings to co-develop a flagship 200 MW geothermal power project in the Brigham City region, supporting a broader gigawatt-scale Utah energy strategy.

Commenced wildfire suppression operations in Idaho with their first flight.

Signed a major new US utility customer and a customer and channel partner in New Zealand.

Closed a record sales month of 435 bikes.

Released the Beta of the Agentic Agronomist that is driving expansion opportunities with their customers, and also creating new sales opportunities with existing and new leads.

Signed an MoU with Radicle Crops, a saponin-free quinoa genetics company in the Netherlands, to commercialize production in the US.

Closed $680K USD in new business to reach ~$8 million run rate with improved margins.

Closed $75K in new business and posted strong profitability in June.

Secured its 5th reorder from RectorSeal, the strategic partner/investor, based on strong sell-through of the Flair Puck and Bridge family into RectorSeal HVAC Distribution.

Kicked off development of a new dispenser-integrated point-of-sale system, which will support flexible payment and reporting methods for hydrogen fuel by commercial fleet and retail customers.

Launched a 200 kW solar project at a shopping center in San Ramon, CA.

Closed POV projects with 2 automotive customers, a new customer segment.

Signed and launched their first retail energy partnership with a major Texas retailer where Optiwatt is managing and dispatching devices.

Expanded sector coverage for their site diligence assessments into utility-scale solar PV.

Signed an exclusive agreement to explore using RailVision IP to accelerate autonomous ambitions for a rail partner.

Exceeded year-end digitalization targets by 4X, driven by the launch of a first-of-its-kind $100 portable self-digitization device.

Advanced a potential $68 million Department of Energy grant for the Georgia carbon capture project.

Announced their first microfactory in Brazil, opening in São Paulo in 2027. Received the A&W Award of Excellence for 2025 for the second consecutive year.

Signed a wind portfolio deal with a leading Gulf-based renewable energy developer, covering assets in Central Asia and the Caucasus, with solar and battery storage phases already in motion. Also signed an engagement with a major state-backed offshore wind developer, the first step toward a larger roll-out.

Converted their first convenience store chain from pilot to expansion, opening up a new repeatable motion in a large customer market.

Signed Fidelity Investments as a new client for IFRS S1/S2 assessments across 23 Canadian asset managers and banks, plus custom datapoint development.

Closed the highest sales month so far in 2026, attaining 172% of target with brands including Khloud, Noosa and Ripple.

CEO Carter Li appeared on Cleantechies, one of the most prominent climate tech podcasts, to discuss how SWTCH's energy management approach cuts installation costs by avoiding grid upgrades, and shared the company's growth story to 25,000+ deployed ports and 100 employees.