STOCK TITAN

Rectitude Delivers First Batch of AIMS Products to Singapore Customers, Expanding Green Energy Offerings in Southeast Asia

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Rectitude Holdings (NASDAQ: RECT) has successfully delivered its first batch of All-in-One Intelligence Micro-grid System (AIMS) products to Singapore customers in February 2025. The initial sale comprised two AIMS AST 05 systems and twelve 6800/2350B mobile power stations, generating S$450,000 in revenue.

The AIMS AST 05 systems have been successfully integrated into the local electrical grid, while the mobile power stations were distributed to various Singapore companies across different industries. The company has already secured additional orders for mobile power stations, indicating strong market demand.

This milestone follows Rectitude's entry into Thailand's green energy market in December 2024 and aligns with Singapore's Green Plan 2030. The company aims to establish a strong presence in Southeast Asia's sustainable energy sector.

Rectitude Holdings (NASDAQ: RECT) ha consegnato con successo il suo primo lotto di prodotti All-in-One Intelligence Micro-grid System (AIMS) ai clienti di Singapore nel febbraio 2025. La vendita iniziale comprendeva due sistemi AIMS AST 05 e dodici stazioni di energia mobile 6800/2350B, generando S$450.000 di ricavi.

I sistemi AIMS AST 05 sono stati integrati con successo nella rete elettrica locale, mentre le stazioni di energia mobile sono state distribuite a varie aziende di Singapore in diversi settori. L'azienda ha già assicurato ulteriori ordini per le stazioni di energia mobile, indicando una forte domanda di mercato.

Questo traguardo segue l'ingresso di Rectitude nel mercato dell'energia verde in Thailandia nel dicembre 2024 e si allinea con il Green Plan 2030 di Singapore. L'azienda mira a stabilire una forte presenza nel settore dell'energia sostenibile del sud-est asiatico.

Rectitude Holdings (NASDAQ: RECT) ha entregado con éxito su primer lote de productos All-in-One Intelligence Micro-grid System (AIMS) a clientes de Singapur en febrero de 2025. La venta inicial consistió en dos sistemas AIMS AST 05 y doce estaciones de energía móvil 6800/2350B, generando S$450,000 en ingresos.

Los sistemas AIMS AST 05 se han integrado con éxito en la red eléctrica local, mientras que las estaciones de energía móvil se distribuyeron a varias empresas de Singapur en diferentes industrias. La compañía ya ha asegurado pedidos adicionales para estaciones de energía móvil, lo que indica una fuerte demanda en el mercado.

Este hito sigue la entrada de Rectitude en el mercado de energía verde de Tailandia en diciembre de 2024 y se alinea con el Plan Verde 2030 de Singapur. La empresa tiene como objetivo establecer una fuerte presencia en el sector de energía sostenible del sudeste asiático.

Rectitude Holdings (NASDAQ: RECT)는 2025년 2월 싱가포르 고객에게 All-in-One Intelligence Micro-grid System (AIMS) 제품의 첫 번째 배치를 성공적으로 전달했습니다. 초기 판매에는 두 개의 AIMS AST 05 시스템과 12개의 6800/2350B 이동 전원 스테이션이 포함되어 있으며, S$450,000의 수익을 창출했습니다.

AIMS AST 05 시스템은 현지 전력망에 성공적으로 통합되었으며, 이동 전원 스테이션은 다양한 산업의 여러 싱가포르 기업에 배포되었습니다. 이 회사는 이미 이동 전원 스테이션에 대한 추가 주문을 확보하여 강력한 시장 수요를 나타내고 있습니다.

이 이정표는 Rectitude가 2024년 12월 태국의 녹색 에너지 시장에 진입한 이후에 이루어졌으며, 싱가포르의 Green Plan 2030과 일치합니다. 이 회사는 동남아시아의 지속 가능한 에너지 부문에서 강력한 입지를 구축하는 것을 목표로 하고 있습니다.

Rectitude Holdings (NASDAQ: RECT) a réussi à livrer sa première série de produits All-in-One Intelligence Micro-grid System (AIMS) à des clients de Singapour en février 2025. La vente initiale comprenait deux systèmes AIMS AST 05 et douze stations d'énergie mobile 6800/2350B, générant S$450.000 de revenus.

Les systèmes AIMS AST 05 ont été intégrés avec succès dans le réseau électrique local, tandis que les stations d'énergie mobile ont été distribuées à diverses entreprises de Singapour dans différents secteurs. L'entreprise a déjà sécurisé des commandes supplémentaires pour les stations d'énergie mobile, ce qui indique une forte demande sur le marché.

Cette étape fait suite à l'entrée de Rectitude sur le marché de l'énergie verte en Thaïlande en décembre 2024 et est en accord avec le Green Plan 2030 de Singapour. L'entreprise vise à établir une forte présence dans le secteur de l'énergie durable en Asie du Sud-Est.

Rectitude Holdings (NASDAQ: RECT) hat im Februar 2025 erfolgreich die erste Charge seiner All-in-One Intelligence Micro-grid System (AIMS) Produkte an Kunden in Singapur geliefert. Der erste Verkauf umfasste zwei AIMS AST 05 Systeme und zwölf 6800/2350B mobile Stromstationen, die S$450.000 Umsatz generierten.

Die AIMS AST 05 Systeme wurden erfolgreich in das lokale Stromnetz integriert, während die mobilen Stromstationen an verschiedene Unternehmen in Singapur aus unterschiedlichen Branchen verteilt wurden. Das Unternehmen hat bereits weitere Bestellungen für mobile Stromstationen gesichert, was auf eine starke Marktnachfrage hinweist.

Dieser Meilenstein folgt dem Eintritt von Rectitude in den Markt für grüne Energie in Thailand im Dezember 2024 und steht im Einklang mit dem Green Plan 2030 von Singapur. Das Unternehmen zielt darauf ab, eine starke Präsenz im Bereich der nachhaltigen Energie in Südostasien aufzubauen.

Positive
  • Generated S$450,000 in revenue from initial AIMS product sales in Singapore
  • Secured additional orders for mobile power stations, indicating strong market demand
  • Successfully expanded into Singapore's green energy market following Thailand entry
  • Products successfully integrated into local electrical grid
Negative
  • None.

Insights

The successful launch of Rectitude's AIMS products in Singapore marks a strategic pivot that could significantly impact the company's growth trajectory. The initial S$450,000 (~US$335,000) sale represents approximately 1.8% of Rectitude's current market capitalization, but the real value lies in the market validation and growth potential it represents.

Several key factors make this development particularly noteworthy:

  • The immediate securing of follow-up orders suggests strong product-market fit and potential for recurring revenue streams in Singapore's $2 billion energy storage market.
  • Singapore serves as an ideal launchpad for regional expansion, given its role as a technology adoption leader in Southeast Asia and its stringent product quality standards. Success here often translates to easier market entry in neighboring countries.
  • The timing aligns perfectly with Singapore's Green Plan 2030, which mandates increased renewable energy adoption and energy storage solutions, creating a regulatory tailwind for Rectitude's products.

The diversification of the customer base across multiple industries indicates broad market applicability, reducing sector-specific risks. The successful integration of the AIMS AST 05 systems into the local electrical grid demonstrates technical compatibility with Singapore's infrastructure, potentially lowering barriers to future sales.

However, investors should note that while this market entry is promising, Rectitude will face competition from established players like Tesla and Panasonic in the energy storage space. The company's ability to scale operations and maintain margins while competing in this premium market will be important for long-term success. The follow-up orders suggest competitive advantages in either pricing, performance, or after-sales support, but maintaining these advantages will be key to sustainable growth.

SINGAPORE, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced the successful delivery of its first batch of All-in-One Intelligence Micro-grid System (“AIMS”) to customers in Singapore in February 2025. This milestone marks the product’s debut in Singapore and reinforces the Company’s commitment to advancing green energy solutions in Southeast Asia.

The initial sale included two AIMS AST 05 and twelve 6800/2350B mobile power stations, generating S$450,000 in revenue. With on-site support from Rectitude’s AIMS project team, the AIMS AST 05 systems were seamlessly integrated into the local electrical grid and have been operating efficiently. The mobile power stations were quickly delivered to various Singapore companies across different industries. Additionally, new orders for the mobile power stations have been secured, highlighting strong market demand.

This achievement follows Rectitude’s launch of its innovative new energy solutions in Thailand in December 2024 enabling the Company to enter the multi-billion-dollar green energy market in Southeast Asia. This first sale in Singapore, where the Company is headquartered, represents a pivotal step in its strategy to establish a strong presence in the region’s rapidly growing sustainable energy sector.

"This first sale in Singapore is a significant milestone for our company and a major step in our expansion strategy,” said Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “By introducing AIMS, our next-generation energy storage solution, we aim to support Singapore’s transition to cleaner and more sustainable energy sources. As the country accelerates its energy transition under the Singapore Green Plan 2030, we anticipate tremendous opportunities for green energy solutions. We believe the successful launch of AIMS in Singapore will serve as a strong foundation for our continued growth across Southeast Asia.”

About Rectitude

Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam.

For more information, please visit the Company’s website: https://ir.rectitude.com.sg

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, statements regarding the Company’s future business plans, market expansion strategies, and growth opportunities. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

Rectitude
Investor Relations
Email: ir@rectitude.com.sg

Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global


FAQ

How much revenue did Rectitude (RECT) generate from its first AIMS delivery in Singapore?

Rectitude generated S$450,000 in revenue from its first AIMS delivery in Singapore in February 2025.

What products were included in Rectitude's (RECT) first Singapore AIMS delivery?

The first delivery included two AIMS AST 05 systems and twelve 6800/2350B mobile power stations.

When did Rectitude (RECT) enter the Thailand green energy market?

Rectitude entered the Thailand green energy market in December 2024.

How does Rectitude's (RECT) AIMS launch align with Singapore's environmental goals?

The AIMS launch aligns with Singapore's Green Plan 2030, supporting the country's transition to cleaner and sustainable energy sources.

Has Rectitude (RECT) secured additional orders following its initial Singapore AIMS delivery?

Yes, Rectitude has secured new orders for mobile power stations following the initial delivery, indicating strong market demand.

Rectitude Holdings Ltd

NASDAQ:RECT

RECT Rankings

RECT Latest News

RECT Stock Data

55.83M
2.00M
83.45%
0.1%
0.1%
Specialty Retail
Consumer Cyclical
Link
Singapore
Singapore