Flotek Industries wins first utilities infrastructure power services contract
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Flotek Industries Inc. announced its first contract in the utilities infrastructure sector to provide power services supporting federal disaster recovery efforts after wind damage to local power infrastructure. Under the agreement, Flotek will coordinate installation of up to 50 megawatts of power generation equipment and supply PWRtek platform components, including advanced gas distribution and smart conditioning systems. The initial term is six months and is expected to begin in the second quarter of 2026, with an option for the customer to extend up to four years; if the full 50 MW is deployed for the entire initial term, Flotek estimates contract revenue of about $1 million per MW.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flotek Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603030655PR_NEWS_USPR_____DA99784) on March 03, 2026, and is solely responsible for the information contained therein.
