The $3.3 million in contract amendments and $20 million backlog provide near-term revenue visibility, but the company's market cap of $42M means these orders are modest relative to scale. Monitor upcoming APC contract awards in the next 60-90 days for further backlog growth.
Price Chart
Executive Summary
Fuel Tech announced multiple Air Pollution Control contract amendments valued at approximately $3.3 million, increasing its backlog to about $20 million. The contracts include expanded scope for a domestic natural gas turbine project and additional services on European SCR projects. The company is actively pursuing further APC contracts expected in the next 60-90 days.
Key Financial Metrics
Key Facts
- Awarded multiple APC contract amendments valued at approximately $3.3 million.
- Backlog increased to approximately $20 million.
- Domestic order for two new natural gas-fired turbines with expanded scope.
- Three European orders for additional services and equipment on separate SCR projects.
- Company actively pursuing additional APC contracts expected in next 60-90 days.
Financial Impact
$3.3 million in new contract amendments; backlog now ~$20 million
Risk Factors
- Forward-looking statements about future contract awards are uncertain and may not materialize.
- Backlog conversion timing and execution risks on multiple projects.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3388072 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $1.46 | awaiting T+5 | — | $1.48 (+1.37%) |
Oct 22, 2026 5d ago | Press Release | $1.35 | awaiting T+5 | — | $1.48 (+9.63%) |
Oct 7, 2026 20d ago | SC 13G/A | $1.66 $1.42 | ▲ +14.46% | ▲ +14.18% | $1.48 (+10.84%) |
Sep 2, 2026 7w ago | 8-K | $1.43 $1.73 | ▲ +20.98% | ▲ +22.13% | $1.48 (+3.50%) |
Aug 4, 2026 12w ago | 8-K | $1.45 $1.47 | ▲ +1.38% | ▲ +1.03% | $1.48 (+2.07%) |
Aug 4, 2026 12w ago | 8-K | $1.45 $1.47 | ▲ +1.38% | ▲ +1.03% | $1.48 (+2.07%) |
Aug 4, 2026 12w ago | Press Release | $1.45 $1.47 | ▲ +1.38% | ▲ +1.03% | $1.48 (+2.07%) |
May 5, 2026 25w ago | 8-K | $1.38 $1.46 | ▼ −5.80% | ▼ −4.67% | $1.48 (−7.25%) |
Apr 23, 2026 26w ago | Press Release | $1.35 $1.57 | ▲ +16.30% | ▲ +15.39% | $1.48 (+9.63%) |
Mar 3, 2026 34w ago | Press Release | $1.24 $1.29 | ▲ +4.03% | ▲ +5.37% | $1.48 (+19.35%) |
US Market Status
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