$FLUX Lithium-ion Forklift Batteries on Launch Pad
Post# of 74540
$FLUX FY 2018 Rev's +340% to $4M & "more than doubling" in FY 2019
Flux Q4 & FY 2018 Preview
We represent $FLUX in its IR effort and believe the forklift battery opportunity approaches $10B + other markets like Airport Ground service equipment, etc. that offer other avenues for growth.
After a few years of talk about new technologies - Flux deployments are now ramping, and we want to make sure investors are taking notice - even though $FLUX remains small and early in its development - despite its impressive customer base - particularly in the material handling intensive food & beverage industries - where cutting supply chain costs is a daily imperative.
More info at www.fluxpwr.com
This is NOT about fuel cells vs. lithium-ion batteries as they both have their value, place & scale that make sense - it's about the displacement of legacy lead-acid battery chemistries which deliver inferior performance, shorter life span, require cooling after charging; do not allow opportunity charging, require more energy (expense) for charging and have maintenance & regulatory requirements for venting, reporting, first aid, etc. than these cutting edge new options.
$ENS & $JCI are to big lead-acid makers; $PLUG & $FCEL & $BLDP are fuel cell providers; $HY is a forklift maker (along with Toyota, Crown, Raymond, etc. Other battery peers include $CBAK $ULBI & $HPJ
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800