Flux Power to host investor and analyst tours at its lithium-ion battery pack manufacturing facility in Vista, California on wednesday, march 15, 2023.
Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will host an investor and analyst day on Wednesday, March 15, 2023, from 9:30 a.m. PT to 1:45 p.m. PT at its company headquarters and manufacturing facility in Vista, California.
Flux Power Chief Executive Officer Ron Dutt and Chief Financial Officer Chuck Scheiwe will be joined by other senior management team members to provide an overview of Flux Power’s clean, safe, and innovative lithium technology platforms, growth strategies and strategic initiatives. Immediately following the presentation and Q&A session, attendees will have the opportunity to tour the facility and join senior management for lunch.
Investors and analysts who attend the tour will see recent facility manufacturing process improvements to increase capacity and an additional production line, as well as the Company’s expanded testing and product validation capabilities, including:
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- Recently expanded in-house testing and product validation capabilities with all equipment needed to satisfy UL 2580 and UN/DOT 38.3 compliance testing, including an onsite vibration table, eliminating the need to outsource any aspect of testing for either UL or UN certifications and expediting the process.
Space is limited and registration is required. For more details and to register for the event, investors and analysts should contact FLUX@mzgroup.us or call Chris Tyson at (949) 491-8235.
Flux Power announced in February its second quarter 2023 revenue had increased 123% to $17.2 million, representing its 18th consecutive quarter of year-over-year revenue growth. The Company received $20.7 million in new purchase orders during third quarter and customer order backlog totaling $30.4 million. Recent strategic initiatives are driving increased backlog conversion, improved Adjusted EBITDA performance and higher gross margins, resulting in progress to profitability.
About Flux Power Holdings, Inc.
Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage.
Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.
Flux Power to Host Investor and Analyst Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Wednesday, March 15, 2023, VISTA, Calif., February 16, 2023
