Flux Power Holdings, Inc. Provides Revenue Guidance for 2022
September 23, 2021 at 01:00 pm
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Flux Power Holdings, Inc. provided revenue guidance for 2022. The company anticipates revenue growth to continue its fiscal year of 2021 momentum in fiscal year 2022 reflecting: acquisition of new Fortune 500 customers; launching new product innovations; and continued mitigation of supply chain challenges.
Flux Power Holdings, Inc. design, develop, manufacture, and sell a portfolio of advanced lithium-ion energy storage solutions for electrification of a range of industrial commercial sectors which include material handling, airport ground support equipment (GSE), and other commercial and industrial applications. The Companyâs modular and scalable design allows different configurations of lithium-ion battery packs to be paired with the Companyâs proprietary wireless battery management system to provide the level of energy storage required. The Company offers energy storage packs for use in a variety of industrial motive applications. The Companyâs has leveraged its Class 3 Walkie Pallet Pack design to develop energy storage packs for larger forklifts, GSE Packs, and other industrial equipment applications. Natural product extensions, based on its modular, scalable designs, include solar backup power for electric vehicle mobile charging stations and robotic warehouse equipment.