$FLUX Momentum Grows with $350K Battery Order Glob
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Posted On: 02/21/2018 11:55:42 AM
$FLUX Momentum Grows with $350K Battery Order Global Aviation Services Leader Selects Flux Lithium-Ion Batteries to Power Airport Ground Service Equipment in Major Initial Order
The order disclosed above is valued at approx. $350k and builds on FLUX's strong 1H Revenue which rose 185% to $1.35M and compare to full year revenue last year of $0.9M.
After 4 years developing its battery products, gaining stringent certifications and building a base of Fortune 500 customer prospects, the replacement of decades-old lead acid batteries has begun in earnest with industry leading customers - and it represents a market opportunity in excess of $8B.
All of this makes us very excited about the investment potential of our client Flux Power Holdings
Recent Price $0.50
52 wk range $0.14 - $0.65
Market Cap $12.6M
Write flux@catalyst-ir.com if you have questions or would like more information.
The order disclosed above is valued at approx. $350k and builds on FLUX's strong 1H Revenue which rose 185% to $1.35M and compare to full year revenue last year of $0.9M.
After 4 years developing its battery products, gaining stringent certifications and building a base of Fortune 500 customer prospects, the replacement of decades-old lead acid batteries has begun in earnest with industry leading customers - and it represents a market opportunity in excess of $8B.
All of this makes us very excited about the investment potential of our client Flux Power Holdings
Recent Price $0.50
52 wk range $0.14 - $0.65
Market Cap $12.6M
Write flux@catalyst-ir.com if you have questions or would like more information.
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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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