# Traction and Pipeline ## Honest status: pre-revenue on LNG There are **no executed pilot contracts** for the LNG product. The pipeline is **relationship-stage**, not contracted. The only realized revenue to date is the **CHF 15,000 MRR** from the earlier horizontal product via a Swiss reseller — a different business than the one being raised on. See [[Renacore/Company Overview and Pivot]]. ## Relationship pipeline (Qatar-anchored) Qatar Energy · Shell Qatar · Dolphin Energy · Nakilat · Mesaieed Power Company · Nebras Power · ABB. These relationships are the genuine asset — privileged access to tier-1 LNG operators that a cold competitor can't replicate. They are the "door"; the data is the "moat." See [[WebSummit Qatar x Regional Go To Market Reflections]] and [[History of Qatar]]. ## Market context Qatar is expanding LNG capacity from **77 MTPA to 142 MTPA by 2030** — a large, concentrated, well-capitalized buyer base in Renacore's backyard. The deck's "$104T infrastructure" headline is marketing framing; treat it as vague, not a sized SAM. ## Diligence read The bet is that relationship access converts to paid pilots faster than a generic vendor could earn trust. The risk is that **none of it is contracted yet** — execution from "warm relationship" to "signed pilot" is the whole game. See [[3 Hard Truths of Deep Tech Commercialization]]. ## Related - [[Renacore MOC]] - [[Renacore/Business Model and Go-To-Market]] - [[Renacore/Investment Snapshot]] - [[Natural Gas Value Chain]] - [[OPEC+ Realignment]]