Industrial Contracts and Capacity: Saunders (ASX:SND), 6K Additive (ASX:6KA) and Janus Electric (ASX:JNS) Announce New Arrangements

Sonal Goyal

26 October 2026 05:28 PM AEDT

Industrial Contracts and Capacity: Saunders (ASX:SND), 6K Additive (ASX:6KA) and Janus Electric (ASX:JNS) Announce New Arrangements

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Key Highlights

Four multi-year arrangements across four states.
Revenue of US$7.2m, up 61% year on year.
Non-binding MOU signed with ConGlobal.
The three companies reported contract and capacity updates.

Three industrial companies announced contracts or commercial frameworks. Saunders International (ASX:SND), 6K Additive (ASX:6KA) and Janus Electric (ASX:JNS) each published an update that is covered below.

Saunders International (ASX:SND): New Appointments

In NSW it joined MidCoast Council's Water and Sewer General Works Delivery Panel for four years plus two optional one-year extensions. In Western Australia it is prequalified for Water Corporation Capital works to 2029. In Queensland it joined Cairns Regional Council's panel for five years with a five-year option; the council budgeted $206 million for capital works in FY2027.

The capital works framework with Greater Western Water, running since 2022, was extended two years, with work subject to individual awards.

6K Additive (ASX:6KA): Sales and Orders

Revenue was US$7.2 million, an annualised run rate near US$28.8 million. Powder grew 72% to US$5.5 million and Alloys 34% to US$1.7 million. Backlog rose to US$18.1 million.

The 30-month full-service Alloy 718 program, the largest long-term deal so far, bundles powder supply, dedicated stocking and closed-loop recycling, valued at US$8.1–10.8 million.

Janus Electric (ASX:JNS): The Pilot

Twenty Class 8 trucks from local fleets and owner-operators would be converted at ConGlobal's Fort Worth Intermodal Logistics Center in Alliance, Texas, taking Janus beyond California. A wider rollout across 31 depots would depend on pilot success and definitive agreements.

ConGlobal mechanics would be certified by Janus to convert diesel trucks, some sites would host battery swaps and maintenance, and ConGlobal would build containerised charge-and-swap stations to Janus designs. Janus would Supply kits, batteries and services directly to fleets.

Why These Updates Could Matter

Saunders International: Panels let a contractor bid but do not guarantee awards, so the $2 billion is addressable work rather than contracted revenue. 6K Additive: Backlog counts orders not yet delivered, and the Loan funds the capacity to serve them. Janus Electric: Using ConGlobal's existing depots avoids Janus building sites itself.

Final Word

Saunders International (ASX:SND), 6K Additive (ASX:6KA) and Janus Electric (ASX:JNS) each issued contract and capacity updates, summarised above using the figures in their filings.

FAQs

Q: What did Saunders (ASX:SND) win?

A: Four multi-year water arrangements.

Q: What was revenue?

A: US$7.2 million.

Q: What did Janus (ASX:JNS) sign?

A: A non-binding MOU with ConGlobal.

Q: Which update is non-binding?

A: Janus Electric's MOU with ConGlobal.

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