EnerSys® Launches NexSys® AIR Wireless Charger for AGVs
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Insights
The introduction of the NexSys® AIR wireless charger by EnerSys® represents a noteworthy advancement in the field of industrial energy solutions, particularly for Automated Guided Vehicles (AGVs). This product launch could potentially lead to increased market penetration and customer base expansion for EnerSys®, given the charger's compatibility with a broad range of battery types and its maintenance-free value proposition. The ability to charge without physical connections not only reduces wear and tear but also enhances operational efficiency by enabling opportunity charging. This could lead to a reevaluation of the company's market position and future revenue projections.
Moreover, the integration of safety features such as Foreign Object Detection (FOD) and Live Object Detection (LOD) addresses potential workplace safety concerns, potentially reducing liability and reinforcing the company's commitment to innovation and user safety. The strategic placement at prominent trade shows indicates a strong marketing push, which could further influence the stock market's perception of the company's growth trajectory and technological leadership.
From a financial perspective, the launch of NexSys® AIR wireless charger could signify a strategic move by EnerSys® to capitalize on the growing demand for efficient and automated charging solutions in the industrial sector. The impact on the company's financials will likely be scrutinized in terms of sales performance and market adoption rates. Investors should monitor the adoption curve closely, as it will provide insights into the product's revenue-generating potential and its effect on the overall financial health of EnerSys®.
Given that the product is engineered to cater to a range of AGVs and is compatible with multiple battery types, it has the potential to become a significant revenue stream if it becomes an industry standard. This could lead to an upward revision of earnings estimates and potentially influence the company's stock price. However, investors should also consider R&D and marketing expenses associated with the launch, as well as the competitive landscape, which could affect profit margins and market share.
From a technological standpoint, the NexSys® AIR wireless charger is an innovative solution that addresses a key operational challenge in the use of AGVs—efficient and reliable charging. The technology's contact-free charging pads eliminate the need for physical connectors, which are prone to wear and maintenance issues. This technological leap could set a new industry benchmark for charging solutions and potentially lead to broader adoption of AGVs in various industries.
The technology's implications extend beyond immediate operational efficiencies. It could catalyze further innovation in the field of industrial automation, prompting competitors to develop similar or complementary technologies. The long-term impact on the industry could be substantial if EnerSys®'s solution becomes widely adopted, potentially leading to a shift in how industrial power is managed and a redefinition of industry standards for charging infrastructure.
The NexSys® AIR wireless charger features contact-free charging pads, eliminating the maintenance and wear associated with physical charging connections. Capable of charging traditional flooded lead acid, Thin Plate Pure Lead (TPPL) and lithium-ion batteries, the NexSys® AIR wireless charger can handle a range of AGVs, charging schedules and facility locations, ensuring more flexibility and reliability for automated operations.
“With no physical connectors to wear out and no manual labor, the NexSys® AIR wireless charger delivers dependable, maintenance-free AGV charging – helping customers fulfill the promise of true automation,” said Harold Vanasse, Senior Director of Marketing, Motive Power Global at EnerSys. “As the latest solution in our line of maintenance-free motive power products, the NexSys® AIR wireless charger maximizes AGV uptime with opportunity charging, helping facilities to really drive productivity.”
With their small footprint, NexSys® AIR wireless chargers can be distributed across a variety of locations throughout facilities – providing additional layout design flexibility. Each unit also features intuitive touchscreen controls and advanced safety features that include Foreign Object Detection (FOD) and Live Object Detection (LOD) to help protect workers and equipment.
The NexSys® AIR wireless charger will be on display in the EnerSys trade show stands at Intermodal (booth M010) in
ABOUT ENERSYS®
EnerSys is the global leader in stored energy solutions for industrial applications and designs, manufactures, and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. The company goes to market through four lines of business: Energy Systems, Motive Power, Specialty and New Ventures. Energy Systems, which combine power conversion, power distribution, energy storage, and enclosures, are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Motive power batteries and chargers are utilized in electric forklift trucks and other industrial electric powered vehicles. Specialty batteries are used in aerospace and defense applications, large over-the-road trucks, premium automotive, medical and security systems applications. New Ventures provides energy storage and management systems for various applications including demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles. EnerSys also provides aftermarket and customer support services to its customers in over 100 countries through its sales and manufacturing locations around the world. More information regarding EnerSys can be found at www.enersys.com.
SUSTAINABILITY
Sustainability at EnerSys is about more than just the benefits and impacts of our products. Our commitment to sustainability encompasses many important environmental, social and governance issues. Sustainability is a fundamental part of how we manage our own operations. Minimizing our environmental footprint is a priority. Sustainability is our commitment to our employees, our customers and the communities we serve. Our products facilitate positive environmental, social and economic impacts around the world. To learn more visit: https://www.enersys.com/en/about-us/sustainability/.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
EnerSys is making this statement in order to satisfy the “Safe Harbor” provision contained in the Private Securities Litigation Reform Act of 1995. Any of the statements contained in this press release that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. Forward-looking statements may be based on expectations concerning future events and are subject to risks and uncertainties relating to operations and the economic environment, all of which are difficult to predict and many of which are beyond our control. For a discussion of such risks and uncertainties that could cause actual results to differ materially from those matters expressed in or implied by forward-looking statements, please see our risk factors as disclosed in the “Risk Factors” section of our annual report on Form 10-K for the most recently ended fiscal year. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240131607622/en/
Chris Behan
Sr. Marketing Manager Motive Power Americas
ENERSYS
Tel: 813-613-2350
Email: christopher.behan@enersys.com
Melissa Maycott
Public Relations Manager
HARRIS, BAIO & MCCULLOUGH
Tel: 215-440-9800
Email: melissa@hbmadv.com
Source: EnerSys
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