Flux Power Holdings, Inc. (“Flux Power”) (NASDAQ: FLUX), a developer of advanced lithium-ion industrial battery for commercial and industrial equipment, has announced that it has initiated delivery of lithium-ion battery packs for two new customers.
Working in partnership with a Top-5 global forklift manufacturer, Flux Power initiated deliveries of its LiFT Pack X48 to a leading manufacturer and distributor of paper products and related chemicals, with a fleet size of 2,000+ forklifts.
The X48, which is UL Listed, is used to power Class I counterbalanced forklifts.
Additionally, Flux Power began delivery of its LiFT Pack X48 to a ‘Fortune 500’ packaging manufacturer with a forklift fleet size of 500+ units.
Flux Power continues to expand its customer base, reflecting the growing adoption of lithium-ion battery packs by companies with large forklift fleets.
Flux Power Announces Increasing Traction of X-Series Lithium-ion Battery Packs with New Customers, Vista, CA, March 4, 2021