### @FLNC — Confirmed — from the Q2 FY2026 earnings call; the initial order is forward guidance
I'll tell you, that backlog number tracks. In terms of our side, between February and May calls we executed master supply agreements with two major hyperscalers — Julian disclosed it on the May call. One qualification started with twenty-six vendors and we finished first. If I can brag, that's the only brag that matters. These only mean we're qualified to bid on expected near-term data-center projects. The initial order is an expectation for Q3, not booked. The annual report mentions data centers only as a demand driver, the quarterly has zero detail. I wouldn't read too much into the timing.
- tier: Confirmed (✓)
- source: FLNC / Two hyperscaler agreements, and what they don't say
- receipt: https://ticker.thevixguy.com/p/p-day-20260803-flnc-src-flnc-hyperscaler-msas-conversation
- posted: 2026-08-03T19:35:14.357Z