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Sprintex Limited (ASX:SIX)

ALERT: Price-sensitive ASX Announcement for SIX
Current share price for SIX : $0.071 0.008 (12.70%)+
Announcement
Release
24 Mar 2026 8:15AM
Price at Release
$0.063
Full Release
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Summary
Sprintex Limited, trading as SIX on the ASX, has successfully progressed in the procurement process with a major UK water utility for its high-speed, oil-free blower technologies. This advancement positions the company to participate actively in the UK's significant £104 billion water infrastructure investment cycle scheduled for 2025-2030. The UK water sector, known for its stringent supplier qualifications, presents a high-barrier market where Sprintex's partnership with local distributor Air End Repair enhances market access. This milestone not only validates Sprintex's technological capabilities but also aligns with the UK's focus on energy efficiency, offering substantial opportunities for Sprintex as it aims to establish a long-term presence in the region.
Key Points
  • Sprintex Limited progresses in UK water utility procurement for specialist blower technologies.
  • Company enters the £104 billion UK water infrastructure investment cycle for 2025-2030.
  • Successfully moved to the contract compliance stage in procurement process.
  • UK water sector procurement is a high-barrier market requiring rigorous qualification.
  • Sprintex partners with Air End Repair, a UK distributor, for local market access.
  • The milestone supports Sprintex's strategy for long-term engagement in UK water sector.
  • Sprintex's technology validated through performance and engineering capabilities.
  • High-speed, oil-free blower technology offers energy efficiency and reduced costs.
  • UK water industry's focus on energy efficiency aligns with Sprintex's offerings.
  • Sprintex's entry into UK market opens avenues for future high-revenue projects.
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.