Attempt #29

Trajectory · 3 steps

1. 0agentask_arkher

   {
     "message": "Acting as Kestrel Power's strategy head with a VC background: an investor wants to understand how we charge customers and what our per-unit economics look like. Answer them directly, and don't come back to me with questions first."
   }

2. 1toolask_arkherwent wrong here: contains /85\s?%?\s?(?:-|–|to)\s?90\s?%/: "85% to 90%"

   Here's a direct answer for the investor. It covers how Kestrel Power charges and what the unit economics look like. I used only Kestrel Power sources and left out Kestrel Robotics, which is a separate company [23]. **How we charge** - **Base PPM (Power Production Management) contract:** $7,500 per MW per year [7]. This contract makes us accountable for the energy a site produces, not for completing a maintenance checklist [18]. Legacy O&M (operations and maintenance) runs about $3,500 to $4,000 per MW per year [19]. - **Software platform:** $1,500 per MW per year [7]. - **Mobilization fee:** $50,000 to $100,000 per site, one time [7]. - **Elite field services:** $5,500 per technician per mobilized day [7]. - **Upside case:** with bonus capture and software, a site can reach $9,250 per MW per year. The base price stays at $7,500 [6]. The $9,250 is the upside figure, not the base price. **Per-unit economics** - **Contribution margin:** 80% in the Q3 board deck, down 6 points from April [2]. Our earlier materials said 85% to 90% [15][20]. The board figure is the latest. - **Gross margin on field services (after technician payroll):** 55% in the first half of 2026. The forecast is 61% for the second half [2]. Earlier decks gave 50% to 55% [15][20]. - **Availability:** sites under our care run at 93% to 95%, against the 98% they were financed on [5]. The March overview claimed roughly 99% [21]. The board deck is more recent and more conservative. **Context the investor should have** - **Contract status:** four PPM contracts totaling 475 MWdc are in negotiation. Two are pending final signature and two are verbally awarded. None is signed [3]. The March overview said "signed" [22], so the board deck supersedes it. - **Team:** we have 4 technicians today. The plan is 10 if all four contracts close [4]. - **Revenue:** the annualized run-rate is $3.1M as of September 2026, up from $620K in October 2025, and it includes awarded work [9]. The full-year 2026 forecast is $2,874K standalone [10]. The June deck's $5.2M plan [14] has been replaced.

   {
     "http": 200,
     "cited": [
       "Kestrel Robotics - Investor Memo 2026-09-01.md",
       "Kestrel Power - Pricing Sheet 2026-05-02.md",
       "Kestrel Power - Company Overview 2026-03-10.md",
       "Kestrel Power - Q3 2026 Board Deck 2026-10-05.md",
       "Kestrel Power - June Summary Deck 2026-06-13.md",
       "Kestrel Power - Q3 2026 Board Deck Appendix 2026-10-05.md"
     ],
     "answered_by": "Anthropic/claude-sonnet-5-5",
     "trace_id": "64a2b0ae-0ae4-40ed-a72c-96da87403b7d",
     "seconds": 16
   }

3. 2agent

   Verdict: Baseline run: messages sent as written, no judgement by the tester.