Updates to admire: Sales and hire

We continue to push forward, strengthening our team, gaining commercial traction, and expanding our LOI pipeline as we gear up for launch.

Technology & sales

**Figure 1 :** 4QT iREX Hybrid being put through its paces on Bern jobsite

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Although the ground may be frozen, our hybrid system is melting hearts! During recent testing, it didn’t just prove its reliability - we turned a test run into a sales pitch and closed a rental contract with Kästli Bau AG. This is extremely exciting commercially, as rental contracts pave the way for larger sales.

Time to make space in our trial schedule for a rental week!

Additionally, we’ve been actively building our LOI pipeline ahead of our launch. We’re thrilled to announce that we’ve now secured LOIs for CHF 24.5m in recurring revenues. The demand for demos has been so high that we’ll need to build more vehicles soon to keep up!

Team & Talent

**Figure 2 :** Jörg already realising he made a mistake at our last VR team event

We are beyond excited to welcome Jörg Zander to 4QT. A motorsports engineering legend, Jörg brings decades of experience in high-performance engineering, having led technical teams in Formula 1, ITC and Le Mans for the majority of teams on the grid since 1990. (Seriously, the man has a Wikipedia page in 12 languages—check it out here).

Jörg is now spearheading the organisation of our engineering team, drilling us for improved planning, execution, and to never miss race (read launch) day. Very stoked to have this sharp yet incredibly modest pilot on board.

Welcome, Jörg!

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