Flux Power Holdings, Inc. reports developments in lithium-ion energy storage systems and software-driven electrification for commercial and industrial equipment. The company designs, manufactures, and sells battery packs for material handling fleets, airport ground support equipment, and other industrial applications, with products built around battery management, telemetry, and fleet-energy data.
Recurring FLUX news covers quarterly operating results, customer and OEM orders, airline and cargo-fleet deployments, cost-structure actions, capital actions, and product technology updates. Company announcements also include developments tied to SkyLNK telematics, SkyEMS software, battery State of Health analytics, and intellectual property for monitoring battery performance and service life.
Flux Power Holdings (FLUX) reported fiscal first-quarter 2027 revenue of $6.8 million, down from both the prior quarter and a year earlier. For the quarter ended September 30, 2026, revenue compared with $8.2 million sequentially and $13.2 million a year earlier. Gross margin fell to 24.8% from 27.4% and 28.6%, respectively. Operating expenses were $4.632 million, versus $4.357 million sequentially and $5.943 million a year earlier. Net loss widened to $3.170 million, or $0.15 per share, from $2.312 million sequentially and $2.562 million a year earlier.
The largest material-handling customer resumed orders through an equipment-manufacturer partner. Flux Power guides fiscal second-quarter revenue to $7 million–$8 million. Cash was $409,000 at September 30, versus $305,000 at June 30; stockholders’ equity moved from $2.558 million to a $431,000 deficit.
Flux Power (FLUX) announced three product updates covering airport battery safety, forklift battery configurations and connected fleet monitoring.
The company expects initial shipments of airport ground support equipment batteries with integrated gas detection in the first quarter of calendar 2027, beginning with an airline customer, and plans a retrofit program. Two new S24 configurations address compact battery compartments and walkie stackers; the walkie stacker version is undergoing OEM testing and qualification. SkyVOX adds battery location and charging alerts, with shipments expected in the fourth quarter of calendar 2026.
Flux Power Holdings (NASDAQ: FLUX) will report its fiscal 2027 first-quarter results after market close on November 3, 2026. Chief Executive Officer Krishna Vanka and Chief Financial Officer Kevin Royal will host a 4:30 p.m. ET conference call to discuss the results, followed by a question-and-answer session. The call will also be webcast through the company’s Investor Relations website.
Solidion Technology (NASDAQ: STI) reaffirmed its acquisition proposal for Flux Power after Flux Power's board rejected the previously announced bid.
Solidion considers the proposal best and final and said it has no intention of increasing its offer at this time. The company plans to pursue other acquisition prospects in parallel with Flux Power.
The proposal is not legally binding. A binding obligation to proceed would require a fully executed definitive written acquisition agreement. Any proposed transaction would depend on due diligence, financing considerations, required approvals and applicable legal and regulatory requirements.
Flux Power (FLUX) unanimously rejected Solidion Technology’s unsolicited, non-binding acquisition proposal following a board review conducted with legal advisors. The board concluded that the proposal substantially undervalues Flux Power and is not in shareholders’ best interests.
Fiscal fourth-quarter 2026 operating expenses fell 33% compared with fiscal fourth-quarter 2025. Flux Power also lowered product costs, improved operating efficiencies and achieved certification with a new OEM, expanding its addressable electric material-handling market. It is pursuing white-label solutions through new OEMs and dealership networks. The board is evaluating potential financing paths and strategic partnerships to support execution of its operating strategy.
Solidion Technology (NASDAQ: STI) announced its intent to pursue an acquisition of Flux Power Holdings and issued an open letter to shareholders. The potential business combination involves Flux Power (NASDAQ: FLUX), but the letter is not a legally binding offer, commitment or obligation by either party.
A binding obligation to proceed would require a fully executed definitive written acquisition agreement. Any proposed transaction would be subject to due diligence, financing considerations, required approvals and applicable legal and regulatory requirements. There is no assurance that an agreement will be signed or that a transaction will begin or close. Solidion expects to file applicable materials with the U.S. Securities and Exchange Commission if and when a transaction begins.
Solidion Technology (STI) announced its intent to pursue an all-cash acquisition of Flux Power Holdings (FLUX) through a non-binding proposal. No definitive acquisition agreement has been executed, and neither party has a legally binding obligation to proceed.
Solidion believes Flux's established customers, products, manufacturing capabilities and market access would support its strategy of turning technology and intellectual property into revenue and commercial scale. Solidion reported approximately $27.7 million in cash and cash equivalents as of June 30, 2026.
Following a transaction, Solidion would seek a leaner operating structure, including evaluating consolidation of selling, general and administrative expenses and public-company costs. A proposed transaction remains subject to due diligence, financing considerations and required approvals.
Flux Power (NASDAQ: FLUX) announced that CEO Krishna Vanka and CFO Kevin Royal will participate in two upcoming investor events in New York. They will attend the Lake Street 10th Annual Best Ideas Growth Conference on September 10, 2026 at The Metropolitan Club, and the H.C. Wainwright 28th Annual Global Investment Conference on September 14-15, 2026 at the Lotte NY Palace Hotel, including a fireside chat on September 14. Registered attendees can request meetings through the hosting firms’ sales representatives.
Flux Power (NASDAQ: FLUX) reported 2026 fiscal fourth quarter revenue of $8.2 million, up 25% sequentially from $6.6 million but down from $16.7 million a year earlier. Gross profit was $2.3 million with a 27.4% margin versus 34.5% in the prior-year quarter. Operating expenses fell about 33% year over year to $4.4 million, driving a reduced operating loss of $2.1 million versus a $3.0 million loss in the prior quarter.
For full fiscal 2026, revenue was $42.1 million versus $66.4 million in 2025, with gross profit of $12.7 million (30.2% margin). Full-year operating loss was $6.5 million and net loss was $7.4 million ($0.38 per share). Non-GAAP net loss was $6.5 million. Adjusted EBITDA was negative $1.6 million in Q4 and negative $4.5 million for the year. Cash at June 30, 2026 was $0.3 million, with total assets of $24.2 million and stockholders’ equity of $2.6 million.
Flux Power (NASDAQ: FLUX) will release its fiscal fourth quarter and full year 2026 financial results on Thursday, August 20, 2026, after market close. CEO Krishna Vanka and CFO Kevin Royal will host a results conference call at 4:30 p.m. ET with a Q&A session.
U.S. participants can dial 1-833-630-1956, while international callers can use +1-412-317-1837. The call will be webcast via the News & Events section of Flux Power’s Investor Relations website, with telephone and online replays available after the event.