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Most people still do not understand $FLNC.
They think the hyperscaler perspective is new, but that's not the case. I explained this when I first mentioned it last year.
This has always been the main argument, and we are only in the early stages.
Here is the argument:
$FLNC inherits an excellent business portfolio from parent companies, AES Corporation and Siemens.
AES is an utility company and Siemens is one of the leading providers of electrical transformers and power systems for AI-ready data centers.
Therefore, $FLNC inherits major utility companies and hyperscalers as clients from the start.
It has deployed batteries for $GOOG data centers and $AMZN in 2022 and for the $META data center in 2023.
Thus, recent agreements with two hyperscalers are not surprising; this has been the main point from the beginning.
I predict there will be many more similar agreements in the future because this is the most capable supplier in the industry, with a 100% US-based manufacturing supply chain and deep relationships with hyperscalers.
Demand from utility companies will also surge as the green transition accelerates, because disruptions will increase along with the share of renewable energy in electricity supply.
Building data centers and green transformation are two huge favorable factors for the battery market, and $FLNC is better positioned in the market than all competitors thanks to existing relationships, the business portfolio of parent companies, and the domestic supply chain.
We are still very early with $FLNC.