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Posted On: 05/11/2018 11:01:14 AM
Post# of 102323
Where there heat - there's opportunity - $FLUX
And today $FLUX announced it raised $800k at a 35% premium - funding accelerating sales of lithium-ion #forklift #batteries, a $10B market opportunity
Lead-acid chemistry currently "owns" the forklift market - but now - better performing, more energy efficient, lower total cost lithium-ion solutions have awakened major customers to an opportunity to save money and streamline their materials handling operations. Same drivers for fuel cells - but lithium-ion is cheaper to deploy and makes sense across a wider variety of equipment and locations.
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And today $FLUX announced it raised $800k at a 35% premium - funding accelerating sales of lithium-ion #forklift #batteries, a $10B market opportunity
Lead-acid chemistry currently "owns" the forklift market - but now - better performing, more energy efficient, lower total cost lithium-ion solutions have awakened major customers to an opportunity to save money and streamline their materials handling operations. Same drivers for fuel cells - but lithium-ion is cheaper to deploy and makes sense across a wider variety of equipment and locations.
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Posts that I make on Investors Hangout reflect my own personal thinking and opinion and are neither endorsed nor approved by the subject companies, many of which may be clients or client prospects of our our NY-based investor relations consulting firm.
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
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