$FLUX Lithium-ion Forklift Batteries on Launch Pad
$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
$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
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
