So things like aircraft tugs. Next time that you’re on a plane, look down and look at what’s pushing you back from the gate. That application is a tremendous fit for the 200kW single-stack fuel cell system. And there’s many others in the ecosystem that are ready to adopt a 200kW-size single-stack fuel cell technology today where it has the same advantages, we believe, versus multiple systems that others will have to employ today in weight, in volume, in cost, and in fuel efficiency. So, in each ecosystem, the way we think about it is simple. What’s the most efficient entry using our common building block? So this plant in Bolingbrook where we’re sitting today is producing one unit, the 200kW and that’s going into as many ecosystems as possible.
We see that entry point in several of these other markets. We’re going to stay focused on trucks as we’re commercializing that today. But as soon as the trucks are commercialized, we will pivot and start to take on additional partner-led use cases entering with the same product. And then the future upside for the company is that 200kW scaling and then the 300kW single stack system coming into play. That’s important if you take a market like stationary power or remote power. The 200kW would be five units to get to a megawatt of power. If you’re using a 100kW fuel cell system, that’s 10 units. Incredibly complex, very expensive, and hard to scale. The 300kW obviously would be three to four units to serve that use case. Even simpler, more compact, more cost-effective.
So we see the progression of the company as quite straightforward. It’s trucking today to commercialize the company, it’s efficiently launching additional use cases with the same product, 200kW single-stack fuel cell system that we think will be as advantaged in other ecosystems as it is in trucks. And then having the 300kW come in once the 200kW is fully commercialized to take our addressable market to the next level and continue to further our economic edge.
Operator: There are no further questions. I’ll turn it back to the speakers for closing remarks.
Parker Meeks: Great. Well, thank you again to everyone for joining us and listening to our journey. We remain quite excited by the progress we’ve made in commercializing our fuel cell technology and the inflection point that we believe we are making in transitioning from development to production and delivery. And then the additional commercial progress we are expecting to show as we look forward to delivering our first trucks to Performance Food Group in the U.S. later this year, and driving forward to convert additional large fleet customers. We look forward to giving you updates on our fuel cell technology as well. And again, thank you for engaging with us as we drive forward to decarbonize through our leading technology. Thank you very much.
Operator: This concludes today’s call. We thank you for your participation. You may now disconnect.
