Flotek awarded first utilities contract for up to 50 MW power generation supporting federal disaster recovery

FLOTEK INDUSTRIES INC/CN/

Contract with distributed power providers to coordinate installation of up to 50 MW of generation equipment.
Six-month initial term expected to start in Q2 2026; customer option to extend an additional 4 years at same monthly rate.
If full 50 MW deployed for entire term, revenue expected ~$1M/MW, totaling up to $50M.
Deployment will ramp over several weeks; revenue depends on final power requirements and timing.
Leverages proprietary PWRtek platform with smart conditioning skids and real-time data analytics.

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