VivoPower expands its presence in North America


As we roll out our sustainable energy solutions (SES) to customers in North America, we are excited to announce that our team – and footprint – are growing. 

Along with the recent nominations of Eric Achtmann and Kim Lawrence to our Advisory Council, tenured sales executive Matthew Nestor is joining us as sales director for North America. Nestor has experience working with Fortune 500 companies such as Oracle, and is an exciting addition as we continue to expand our team to support our customers’ needs. 

‘[Nestor] has a proven track record of selling complex enterprise technology solutions and helping [companies] to achieve their objectives,’ says Matthew Cahir, our non-executive director. ‘He has already progressed discussions with a selection of his corporate relationships in North America, which shows the potential interest for VivoPower’s SES solutions in the market.’ 

Nestor will join Cahir, who’s also been the acting president for our US operations, in our newly leased office just outside Washington, DC.  

Along with this growth in the United States, we have entered a lease for an office in Toronto. Given that the United States and Canada are among the largest mining, infrastructure and utilities markets in the world, this presence will complement our established position across these industries in Australia. 

‘Having the capability to engage with decision makers based in these markets will augment our strong presence in Australia,’ added Cahir, ‘and we believe will also significantly expand our addressable market.’

Read the full press release on our Investors page.

About VivoPower

VivoPower is an international battery technology, electric vehicle, solar and critical power services company whose core purpose is to deliver sustainable energy solutions to its customers. VivoPower is a certified B Corporation and has operations in Australia, the United States, and the United Kingdom.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the United States federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the potential timing and completion of the Tembo acquisition, including the entry into a definitive agreement with Tembo, and the related potential global addressable market. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.


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