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Alpine 4 Technologies says QCA subsidiary has already booked $1.5 million in new work with just its electric vehicle customers for Q1 2021

The company, a leading operator and owner of small market businesses, noted that QCA completed $1.2 million in projects for these Fortune 500 EV customers in Q4 2020

Electric vehicles
Alpine 4's investment of $1.25 million into a new SMT line and related equipment for QCA has proven to be a fruitful investment

Alpine 4 Technologies Inc. (OTCQB:ALPP) said its Quality Circuit Assembly (QCA) subsidiary has already booked $1.5 million in new work with just its electric vehicle (EV) customers for Q1 2021, with more anticipated in the quarter.

The company, a leading operator and owner of small market businesses, noted that QCA completed $1.2 million in projects for these Fortune 500 EV customers in Q4 2020.

Alpine 4 said its investment of $1.25 million into a new SMT line and related equipment for QCA has proven to be a fruitful investment. Since its purchase in January 2020, QCA has begun to attract new Silicon Valley customers with highly sophisticated projects that require the newest, cutting edge equipment. This new equipment has allowed QCA to take on bigger production projects, which is evident by the growing work that has been received from their EV customers alone.

READ: Alpine 4 Technologies expects to see 2020 revenue jump by 19% to 24% despite the pandemic

In a statement, Tim Garcia, Alpine 4's VP of corporate sales, said: "The stars aligned with the purchase of our new SMT, SPI, AOI, and screen printer (equipment). Our sales team was able to acquire large EV customers that have helped carry us to new revenue highs through the pandemic.

"This new equipment is a sales tool to give QCA an opportunity to succeed. As always, acquiring new customers is a priority. Our team is ready to take on the growth."

Alpine 4 is a conglomerate that acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. The group’s focus is on how the adaptation of new technologies even in brick-and-mortar businesses can drive innovation. This unique perspective has culminated in the development of the company's Blockchain-enabled Enterprise Business Operating System called SPECTRUMebos.

Contact the author at jon.hopkins@proactiveinvestors.com

 

Quick facts: Alpine 4 Technologies Ltd.

Price: 3.08 USD

OTCMKTS:ALPP
Market: OTCQB
Market Cap: $456.36 m
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Alpine 4 Technologies provides preliminary guidance of $33.5 million to $35...

Alpine 4 Technologies Ltd (OTCQB:ALPP) CEO Kent Wilson tells Proactive the owner of leading small market businesses expects to see its 2020 revenue jump by 19% to 24% despite the challenges posed by the coronavirus pandemic. Wilson says for the year 2020, the Phoenix, Arizona-based group,...

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