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Flux Power Holdings, Inc. (NASDAQ: FLUX) is frequently featured in news coverage for its work in advanced lithium-ion energy storage and software-driven electrification for commercial and industrial equipment. News about Flux Power often centers on its activities in material handling, airport ground support equipment (GSE), and stationary energy storage, as well as developments in its battery management and software platforms.
Recent announcements have highlighted multi‑million‑dollar purchase orders from major North American airlines for lithium-ion solutions used in ground support equipment such as baggage tractors, belt loaders, and aircraft pushbacks. The company has also reported repeat orders from a leading global food and beverage distribution company and a global industrial equipment manufacturer, reflecting continued adoption of its material handling energy solutions.
Flux Power news updates include technology milestones, such as a U.S. patent for a State of Health (SoH) system that uses algorithms and predictive modeling to monitor and extend the life of lithium-ion battery packs. The company has also announced UL EE Listing across its material handling portfolio and UL 1973 Listing for its 80V G80‑G2 solution for GSE applications, which are presented as important safety and reliability certifications.
Investors following FLUX news will also see coverage of capital markets activity, including public offerings, private placements, and SEC registration statements, as well as disclosures about Nasdaq listing compliance. Conference participation, investor presentations, and quarterly and annual financial results are additional recurring themes. This news page aggregates these updates so readers can review Flux Power’s reported orders, certifications, software releases, financial disclosures, and governance developments in one place.
Flux Power (NASDAQ: FLUX) is set to host an investor day on August 2, 2022, from 9:15 a.m. to 1:15 p.m. PT at its Vista, California facility. The event will highlight the company’s complete lithium-ion battery product line, including new offerings for material handling and automated vehicles. Recent manufacturing improvements have led to an 89% increase in Q3 revenue, totaling $13.2 million. A record backlog of $38.6 million reflects strong demand for Flux’s innovative battery solutions.
Flux Power Holdings, Inc. (NASDAQ: FLUX) announced its participation in the upcoming H.C. Wainwright Global Investment Conference from May 23-26, 2022 and the LD Micro Invitational XII Conference from June 7-9, 2022. CEO Ron Dutt will present at both conferences and conduct one-on-one meetings. The H.C. Wainwright conference features a virtual presentation available from May 24, while the LD Micro Invitational includes an in-person presentation on June 7.
Flux Power Holdings, Inc. (NASDAQ: FLUX) reported a remarkable 89% increase in revenue to $13.2 million for Q3 fiscal 2022, marking its 15th consecutive quarter of year-over-year growth. The company secured $20.5 million in new purchase orders, raising its customer order backlog to a record $38.6 million. Despite these accomplishments, gross margin decreased to 14.6% due to rising material costs, leading to a net loss of $3.7 million. Flux Power remains focused on strategic supply chain improvements to enhance profitability and reduce cash burn.
Flux Power Holdings, Inc. (NASDAQ: FLUX) will hold a conference call on May 12, 2022, at 4:30 p.m. ET to discuss its fiscal Q3 results for the period ending March 31, 2022. The call will be hosted by CEO Ron Dutt and CFO Chuck Scheiwe, followed by a Q&A session. Interested parties can join the call using the provided dial-in numbers and will have access to a live webcast and replay. Flux Power specializes in lithium-ion energy storage solutions, enhancing sustainability and performance in various industrial sectors.
Flux Power Holdings, Inc. (NASDAQ: FLUX) has launched the new S24 battery pack, which now offers a capacity of 210Ah, doubling the previous 105Ah version. This high-capacity solution is designed for walkie pallet jacks, enhancing performance for demanding applications. The S24 will be showcased at MODEX 2022 from March 28 to 31, 2022 in Atlanta, Georgia. CEO Ron Dutt emphasized that this innovation aims to meet the needs of distribution centers and warehouses, providing extended power for longer shifts.
Flux Power Holdings (NASDAQ: FLUX) has unveiled its new C48 lithium-ion battery pack for Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs) at MODEX 2022, held from March 28-31 in Atlanta, Georgia. The C48 is designed for easier servicing and lower total ownership costs, addressing the rising demand for AGVs and AMRs amid labor shortages. Flux Power aims to provide longer run times and reduced maintenance, enhancing sustainability and operational efficiency.
Flux Power Holdings, Inc. (NASDAQ: FLUX) recently unveiled its new L36 lithium-ion battery pack for 3-wheel forklifts at MODEX 2022 in Atlanta, Georgia, occurring from March 28-31, 2022. This 36-volt solution addresses customer demand and enhances performance for narrow aisle warehouses. Vice President of Sales, Tod Kilgore, emphasized its energy efficiency benefits. CEO Ron Dutt noted the event's significance for industry executives. Flux Power will showcase its product range at booth #C5688.
Flux Power Holdings, Inc. (NASDAQ: FLUX) announced its participation in MODEX 2022, scheduled for March 28-31, 2022, in Atlanta, Georgia. At booth C5688, the company will showcase its complete product line, including new lithium-ion battery solutions for three-wheel forklifts and Autonomous Mobile Robots. CTO Paulus Geantil will present a seminar on lithium-ion technology on March 28 at 3:45 PM ET. CEO Ron Dutt emphasized the importance of this event for showcasing innovations in clean energy solutions for industrial applications.
Flux Power Holdings, a provider of lithium-ion energy storage solutions, will participate in the 34th Annual ROTH Conference from March 13-15, 2022, in Laguna Niguel, California. CEO Ron Dutt and CFO Chuck Scheiwe will hold one-on-one meetings to discuss the company’s latest fiscal results for Q2 2022, strategic initiatives, and future milestones. This conference offers a platform for investors to engage directly with company leadership.
For more details about the conference, visit their website.
Flux Power Holdings reported a 19% revenue increase to $7.7 million for Q2 fiscal 2022, marking the 14th consecutive quarter of year-over-year growth. The company secured $19.8 million in new purchase orders, boosting its backlog to a record $31.4 million. Despite strong demand, the gross profit fell to $1.0 million due to rising input costs, resulting in a net loss of $5.1 million. Flux initiated strategic initiatives to improve profitability and mitigate supply chain disruptions, including increased production capacity and new product designs.