Good morning, thanks for joining. The filing describes a deliberately diversified base — no single customer above 10% of revenue, over 10,000 accounts across 100-plus countries. Energy Systems spans data centers, telecom, broadband, utilities, emergency lighting, renewables, industrial. That breadth is why hyperscalers appear only as validation counterparties running their own qualification; none is named a customer. We frame data-center and comms as less tariff-sensitive than motive power, in a growth cycle driven by AI and digitization. Cautiously optimistic.