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Sprintex Limited (ASX:SIX)

ALERT: Price-sensitive ASX Announcement for SIX
Current share price for SIX : $0.070 0.02 (40%)+
Announcement
Release
28 Oct 2025 8:13AM
Price at Release
$0.050
Full Release
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Summary
Sprintex Limited has successfully completed the delivery and begun commissioning of integrated PLC-based control systems for Mest Water in the Netherlands, marking a significant milestone in the company's transition to a full-system technology partner. This achievement positions Sprintex to take advantage of lucrative market opportunities in Europe, with potential orders valued at €9.3m (A$16.6m). The new control systems, which integrate Sprintex’s high-speed MVR blowers with advanced IoT capabilities, allow for autonomous operation and are critical for Mest Water’s ZLD-UP manure-to-water process. This advancement also aligns with European regulatory frameworks aimed at ammonia reduction and nutrient recycling, promising significant revenue growth for Sprintex.
Key Points
  • Sprintex has successfully delivered the first shipment of fully integrated PLC-based control systems to Mest Water’s facility in the Netherlands.
  • The commissioning of five complete ZLD-UP systems marks the final validation stage before serial production.
  • This development marks Sprintex's transition from a component supplier to a full-system technology partner.
  • Sprintex is positioned for a potential maiden order valued at €9.3m (A$16.6m) from Mest Water.
  • The control systems integrate Sprintex’s high-speed MVR blowers with IoT-powered control architecture for autonomous operation.
  • Completion of system integration signals readiness for factory-scale rollout at Mest Water’s production facility.
  • The systems are aligned with EU and Dutch programs targeting ammonia reduction and nutrient recycling under the RENURE framework.
  • Sprintex anticipates significant revenue generation from European market opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.