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Flux Power Holdings Priced, Nasdaq: FLUX

Manufactures and sells lithium-ion batteries and storage solutions.

Industry: Industrials

First Day Return: +5.3%

Industry: Industrials

We design, develop and sell advanced rechargeable lithium-ion energy storage solutions for lift trucks, airport ground support equipment and other industrial motive applications. With a decade of experience in lithium-ion technology, we believe our “LiFT” battery packs, including our proprietary battery management system, provide our customers with a better performing, cheaper and more environmentally friendly alternative, in many instances, to traditional lead-acid and propane-based solutions. We have prioritized achieving Underwriters Laboratory (UL) Listing for our Lift pack products. We believe that a UL Listing demonstrates the safety, reliability and durability of our products and gives us an important competitive advantage over other lithium-ion energy suppliers. Our LiFT packs have been approved for use by leading industrial motive manufacturers, including Toyota Material Handling USA, Inc., Crown Equipment Corporation, and Raymond Corporation.
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Flux Power Holdings (FLUX) Performance