Flux Power Receives First Purchase Order for Lithium-ion Battery Packs from Large U.S. Medical Supply Company
Flux Power Holdings (NASDAQ: FLUX) has secured its first purchase order from one of the largest U.S. medical supply companies for lithium-ion battery packs. The order includes 36-volt M36-series and L36-series batteries with integrated telematics technology for fleet data analysis.
The batteries will power narrow aisle forklifts and three-wheel forklifts as part of the customer's material handling fleet electrification strategy. This order marks the beginning of the customer's transition to lithium-ion energy solutions, focusing on operational efficiency and environmental responsibility.
Flux Power Holdings (NASDAQ: FLUX) ha ottenuto il suo primo ordine di acquisto da una delle più grandi aziende americane di forniture mediche per pacchi batteria al litio. L'ordine include batterie da 36 volt della serie M36 e L36 con tecnologia telematica integrata per l'analisi dei dati della flotta.
Le batterie alimenteranno carrelli elevatori a corridoio stretto e carrelli elevatori a tre ruote come parte della strategia di elettrificazione della flotta di movimentazione materiali del cliente. Questo ordine segna l'inizio della transizione del cliente verso soluzioni energetiche al litio, concentrandosi sull'efficienza operativa e sulla responsabilità ambientale.
Flux Power Holdings (NASDAQ: FLUX) ha asegurado su primer pedido de compra de una de las empresas de suministros médicos más grandes de EE. UU. para paquetes de baterías de iones de litio. El pedido incluye baterías de 36 voltios de las series M36 y L36 con tecnología telemática integrada para el análisis de datos de flotas.
Las baterías alimentarán carretillas elevadoras de pasillo estrecho y carretillas elevadoras de tres ruedas como parte de la estrategia de electrificación de la flota de manejo de materiales del cliente. Este pedido marca el inicio de la transición del cliente hacia soluciones energéticas de iones de litio, centrándose en la eficiencia operativa y la responsabilidad ambiental.
플럭스 파워 홀딩스 (NASDAQ: FLUX)는 미국의 가장 큰 의료 공급 회사 중 하나로부터 리튬 이온 배터리 팩에 대한 첫 번째 구매 주문을 확보했습니다. 이 주문에는 36볼트 M36 시리즈 및 L36 시리즈 배터리와 플릿 데이터 분석을 위한 통합 텔레매틱스 기술이 포함되어 있습니다.
이 배터리는 고객의 자재 취급 플릿 전기화 전략의 일환으로 좁은 통로 지게차와 3륜 지게차에 전력을 공급할 것입니다. 이번 주문은 고객이 리튬 이온 에너지 솔루션으로 전환하는 시작을 알리며, 운영 효율성과 환경 책임에 중점을 두고 있습니다.
Flux Power Holdings (NASDAQ: FLUX) a obtenu sa première commande d'achat d'une des plus grandes entreprises de fournitures médicales aux États-Unis pour des packs de batteries lithium-ion. La commande comprend des batteries de 36 volts des séries M36 et L36 avec une technologie de télématique intégrée pour l'analyse des données de flotte.
Les batteries alimenteront des chariots élévateurs à allée étroite et des chariots élévateurs à trois roues dans le cadre de la stratégie d'électrification de la flotte de manutention de matériaux du client. Cette commande marque le début de la transition du client vers des solutions énergétiques lithium-ion, en mettant l'accent sur l'efficacité opérationnelle et la responsabilité environnementale.
Flux Power Holdings (NASDAQ: FLUX) hat seine erste Bestellung von einem der größten medizinischen Versorgungsunternehmen in den USA für Lithium-Ionen-Batteriepacks gesichert. Die Bestellung umfasst 36-Volt M36- und L36-Batterien mit integrierter Telematik-Technologie zur Flottendatenanalyse.
Die Batterien werden schmalen Gabelstaplern und Dreirad-Gabelstaplern als Teil der Elektrifizierungsstrategie des Kunden für die Materialhandhabungsflotte Strom liefern. Diese Bestellung markiert den Beginn des Übergangs des Kunden zu Lithium-Ionen-Energielösungen, mit einem Fokus auf betriebliche Effizienz und Umweltverantwortung.
- First major order from one of largest U.S. medical supply companies
- Long-term business opportunity in fleet conversion
- Entry into medical supply sector
- Order size and value not disclosed
- Timeline for fleet conversion not specified
Purchase Order Represents the Commencement of Customer’s Material Handling Fleet Conversion to Lithium-ion Energy Solutions
The purchase order includes Flux Power’s innovative 36-volt, M36-series and L36-series batteries and integrated telematics technology that provides advanced data analysis capabilities, empowering customers with actionable insights for fleet optimization and operational efficiency. These batteries will power a range of essential material handling equipment, such as narrow aisle forklifts and three-wheel forklifts, as part of the customer's fleet electrification strategy.
“This order represents a long-term opportunity to support the customer’s migration to Lithium-ion energy solutions,” said Ron Dutt, CEO of Flux Power. “We are proud to provide support to this leading medical industry supplier to enable their goal of transitioning their material handling equipment to lithium-ion energy solutions, providing operational efficiency and environmental responsibility.”
Flux Power's M36 and L36 series, featuring models of diverse power capabilities, is specifically designed to meet the rigorous demands of industrial applications, providing reliable, high-performance energy storage with a focus on safety and sustainability.
About Flux Power Holdings, Inc.
Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.
Forward-Looking Statements
This release contains projections and other "forward-looking statements" relating to Flux Power’s business, that are often identified using "believes," "expects" or similar expressions. Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc. Accordingly, statements are not guarantees of future results. Some of the important factors that could cause Flux Power’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: risks and uncertainties, related to Flux Power’s business, results and financial condition; plans and expectations with respect to access to capital and outstanding indebtedness; Flux Power’s ability to comply with the terms of the existing credit facilities to obtain the necessary capital from such credit facilities; Flux Power’s ability to raise capital; Flux Power’s ability to continue as a going concern. Flux Power’s ability to obtain raw materials and other supplies for its products at competitive prices and on a timely basis, particularly in light of the potential impact of the COVID-19 pandemic on its suppliers and supply chain; the development and success of new products, projected sales, cancellation of purchase orders, deferral of shipments, Flux Power’s ability to improve its gross margins, or achieve breakeven cash flow or profitability, Flux Power’s ability to fulfill backlog orders or realize profit from the contracts reflected in backlog sale; Flux Power’s ability to fulfill backlog orders due to changes in orders reflected in backlog sales, Flux Power’s ability to obtain the necessary funds under the credit facilities, Flux Power’s ability to timely obtain UL Listing for its products, Flux Power’s ability to fund its operations, distribution partnerships and business opportunities and the uncertainties of customer acceptance and purchase of current and new products, and changes in pricing. Actual results could differ from those projected due to numerous factors and uncertainties. Although Flux Power believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable, they can give no assurance that such statements will prove to be correct, and that the Flux Power’s actual results of operations, financial condition and performance will not differ materially from the results of operations, financial condition and performance reflected or implied by these forward-looking statements. Undue reliance should not be placed on the forward-looking statements and Investors should refer to the risk factors outlined in our Form 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov/edgar. These forward-looking statements are made as of the date of this news release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected.
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Source: Flux Power Holdings, Inc.
FAQ
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