This deal in itself is obviously not a company maker but, and this is the most important part for them, it is a proof of concept in a commercial setting.
The battery tech I/P they own the has worked in laboratory testing, has the very positive commentary from the original inventor of the lithion battery but has yet to be proven on a large(ish) scale. If they deliver and it performs like it is supposed to then this is a small stepping stone to bigger things.
Worth a punt at these levels in my opinion.
UTR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held