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Good morning, thanks for joining. EnerSys's two roadmap priorities—a lithium data‑center UPS battery and a battery energy storage system for warehouse operators—both advanced into customer commissioning in the quarter ended March 2026. Management stressed this is finished product shipped to real customers, not a soft launch, yet meaningful revenue isn’t expected until fiscal 2028. Two gates remain: handoffs with all the large primary UPS providers and separate validation by the large hyperscalers, which appear only as validation counterparties.

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ENS / Two data-center products, shipped but not yet revenue