Primech Holdings Wins $19.6 Million Multi-Year Contract
Primech Holdings (Nasdaq: PMEC) has secured a significant multi-year cleaning services contract through its subsidiary Primech A&P with a leading Singapore polytechnic. The contract is valued at S$25.2 million (US$19.6 million), marking one of the company's most substantial contract wins to date.
The contract involves deploying HYTRON, an AI-powered autonomous bathroom cleaning robot developed by Primech AI, along with other advanced robotics and cleaning solutions. This technology-integrated approach aims to enhance hygiene standards and facility management efficiency at the educational institution.
Primech Holdings (Nasdaq: PMEC) ha ottenuto un importante contratto pluriennale per servizi di pulizia tramite la sua controllata Primech A&P con un prestigioso politecnico di Singapore. Il valore del contratto è di S$25,2 milioni (US$19,6 milioni), rendendolo uno dei maggiori aggiudicati dall'azienda finora.
Il progetto prevede l'impiego di HYTRON, un robot autoguidato per la pulizia dei bagni potenziato dall'intelligenza artificiale e sviluppato da Primech AI, insieme ad altre soluzioni robotiche e tecnologiche avanzate. Questo approccio integrato punta a migliorare gli standard igienici e l'efficienza della gestione delle strutture presso l'istituto.
Primech Holdings (Nasdaq: PMEC) ha asegurado un importante contrato de servicios de limpieza plurianual a través de su filial Primech A&P con un destacado politécnico de Singapur. El contrato está valorado en S$25,2 millones (US$19,6 millones), siendo una de las adjudicaciones más significativas de la compañía hasta la fecha.
El acuerdo contempla el despliegue de HYTRON, un robot autónomo para la limpieza de baños potenciado por IA desarrollado por Primech AI, junto con otras soluciones robóticas y de limpieza avanzadas. Este enfoque tecnológico integrado busca elevar los estándares de higiene y la eficiencia en la gestión de las instalaciones del centro educativo.
Primech Holdings (Nasdaq: PMEC)는 자회사 Primech A&P를 통해 싱가포르의 유수 폴리테크닉과 다년간의 대형 청소 서비스 계약을 체결했습니다. 계약 금액은 S$25.2백만(미화 1,960만 달러)으로, 회사가 지금까지 수주한 계약 중 손꼽히는 규모입니다.
이번 계약에는 Primech AI가 개발한 인공지능 기반 자율 화장실 청소 로봇 HYTRON과 기타 첨단 로봇·청소 솔루션의 도입이 포함됩니다. 이러한 기술 통합 방식은 교육기관의 위생 수준을 높이고 시설 관리의 효율성을 향상시키는 것을 목표로 합니다.
Primech Holdings (Nasdaq: PMEC) a signé, via sa filiale Primech A&P, un important contrat pluriannuel de services de nettoyage avec un prestigieux polytechnique de Singapour. Le contrat s'élève à S$25,2 millions (US$19,6 millions), constituant l'une des plus importantes victoires commerciales de la société à ce jour.
Le contrat prévoit le déploiement de HYTRON, un robot autonome de nettoyage des toilettes propulsé par l'IA et développé par Primech AI, ainsi que d'autres solutions robotiques et de nettoyage avancées. Cette approche intégrée basée sur la technologie vise à améliorer les normes d'hygiène et l'efficacité de la gestion des installations de l'établissement.
Primech Holdings (Nasdaq: PMEC) hat über seine Tochtergesellschaft Primech A&P einen bedeutenden mehrjährigen Reinigungsdienstleistungsvertrag mit einem renommierten Polytechnikum in Singapur abgeschlossen. Der Vertrag hat einen Wert von S$25,2 Millionen (US$19,6 Millionen) und zählt zu den bislang größten Aufträgen des Unternehmens.
Im Rahmen des Vertrags wird HYTRON eingesetzt, ein von Primech AI entwickelter, KI-gestützter autonomer WC-Reinigungsroboter, sowie weitere fortschrittliche Robotik- und Reinigungslösungen. Dieser technologieintegrierte Ansatz zielt darauf ab, die Hygieneanforderungen zu verbessern und die Effizienz der Gebäudeverwaltung an der Bildungseinrichtung zu steigern.
- Secured significant US$19.6 million multi-year contract with a leading polytechnic
- Implementation of proprietary AI-powered HYTRON robot demonstrates technological capabilities
- Contract provides strong long-term revenue visibility
- Expands presence in Singapore's premium facility services market
- None.
SINGAPORE, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), today announced that its subsidiary, Primech A&P (the “Company”), an established technology-driven facility services provider in the public and private sectors in Singapore, has secured a multi-year cleaning services contract with a leading polytechnic in Singapore, valued at S
Under the contract, Primech A&P will deploy the HYTRON, an AI-powered autonomous bathroom cleaning robot specially developed by Primech AI Pte. Ltd., with other advanced robotics and comprehensive cleaning solutions to elevate overall hygiene standards and facility management efficiency for the educational institution.
Ken Chang, Head of Operations at Primech A&P, stated, "This contract award represents a significant validation of our growth strategy and technology-integrated service delivery model, which provides us with strong long-term revenue visibility. The deployment of HYTRON bathroom cleaning robot alongside our traditional services, showcases our commitment to innovation and operational excellence in Singapore's premium facility services market."
Primech A&P’s proven expertise in delivering reliable, technology-enhanced facility operations across high-traffic institutional environments positioned it as the preferred partner for the polytechnic. This contract win further expands the Company’s distinguished client portfolio, spanning Singapore’s government facilities, major airports, commercial properties, condominiums, and hawker centers.
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
Company Contact:
Email: ir@primech.com.sg
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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