Sprintex Limited has landed its largest-ever €15.6 million order for ZLD-UP® manure processing systems, marking a pivotal shift from evaluation to commercial deployment across Europe. This multi-year contract sets the stage for substantial revenue growth and a path to profitability in FY26.
- Binding €15.6m (A$27.4m) purchase order with MW Techniek Systems B.V.
- Order covers 500 ZLD-UP® compressor and PLC control systems
- Transition from evaluation to staged commercial deliveries starting March 2026
- Strong European regulatory support including EU approval of RENURE
- Development underway for smaller-format systems targeting broader farm deployment
A Landmark Contract for Sprintex
Sprintex Limited (ASX – SIX) has announced a landmark binding purchase order worth €15.6 million (A$27.4 million) with Dutch environmental technology firm MW Techniek Systems B.V., also known as Mest Water. This contract represents the largest in Sprintex’s history and covers the supply of 500 high-speed MVR compressor systems integrated with PLC control systems, collectively branded as the ZLD-UP® platform.
The order marks a significant commercial milestone, transitioning Sprintex from a lengthy evaluation and validation phase into a contracted, multi-year supply program. Deliveries are scheduled to commence in March 2026 and will be staged monthly through to July 2027, underpinning a substantial revenue ramp and positioning the company on a clear path to profitability in the 2026 financial year.
Technology Meets Regulatory Momentum
The ZLD-UP® platform is designed to process liquid slurry waste streams on farms, converting manure into valuable end products such as ammonia-free dry manure, reusable water, and recovered nitrogen. This technology aligns closely with evolving European Union environmental regulations aimed at reducing ammonia and nitrogen emissions from intensive livestock farming.
Recent EU approval of the RENURE framework, which allows treated manure products to substitute synthetic fertilisers, has accelerated demand for such solutions. The Netherlands government’s nitrogen and ammonia reduction policies, including subsidies for manure processing equipment, further bolster the commercial outlook for Sprintex’s systems.
Scaling Production and Market Reach
Sprintex’s CEO, Jay Upton, highlighted the confidence shown by Mest Water in the performance and scalability of the ZLD-UP® technology. The company has completed the evaluation phase, having supplied 19 evaluation systems, and is now preparing for serial production at its Kunshan manufacturing facility.
The order’s delivery cadence starts with approximately 20 complete systems per month from March to October 2026, doubling to around 40 systems monthly from November 2026 through July 2027. Pricing reflects scale efficiencies, with initial systems priced at €33,000 each and subsequent units at €30,000.
Beyond this major order, Sprintex is actively developing smaller-format MVR compressor systems aimed at broader on-farm deployment, particularly targeting pig farms. These systems are expected to open additional revenue streams starting in 2026, although they are not included in the current order.
Strategic Expansion and Future Outlook
To support its European commercial rollout, Sprintex plans to establish a European subsidiary headquartered at Mest Water’s facilities. This hub will provide administration and service capabilities to meet growing customer demand across the continent.
The company’s collaboration with Mest Water and the regulatory tailwinds across multiple EU jurisdictions; including Denmark, Germany, Ireland, France, and Spain; signal a robust market opportunity. The initial 500 systems represent an early deployment stage in a large addressable market, suggesting significant upside potential as environmental compliance pressures intensify.
Bottom Line?
Sprintex’s record order and European expansion set the stage for a transformative growth phase, but execution on production scale-up and regulatory developments will be critical to watch.
Questions in the middle?
- How will Sprintex manage production ramp-up risks to meet delivery schedules?
- What is the commercial timeline and market potential for the smaller-format MVR compressor systems?
- How might evolving EU regulations further impact demand and competitive dynamics for manure processing technologies?