We believe that a company to watch in the smart logistics sector is Powermers Smart Industries, Inc. (PSI). In our opinion, this $1B company (TTM revenues) effectively combines innovative logistics technology solutions with a multidimensional ecosystem view of the transportation industry and its carbon credit monetization opportunities.

We view PSI as a one-of-a-kind SCaaS (Supply Chain as aService) company operating globally and serving the energy transition industries in Asia and North America, which are only now beginning to crystallize around the emerging green energy economic and regulatory frameworks in those markets. In Asia,PSI has emerged as a strong early-stage market force in the green commercial transportation and logistics equipment sales and leasing market, and has established an early-mover advantage in creating and developing a carbon credit origination framework through its focus on data collection and analytics.

Additionally, the company is assembling a financial infrastructure for commercial transportation participants to easily buy, sell, and lease both vehicles and commercial assets, but perhaps more importantly, to originate and monetize carbon credits as well.

PSI is already a diversified, scaled organization which we believe is on track to generate over$1B in revenue in the current calendar year ending in 2024.