{"id":516400,"date":"2021-07-22T08:11:01","date_gmt":"2021-07-22T12:11:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\/"},"modified":"2021-07-22T08:11:01","modified_gmt":"2021-07-22T12:11:01","slug":"flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\/","title":{"rendered":"Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs"},"content":{"rendered":"

<\/p>\n

Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs<\/b><\/p>\n

VISTA, Calif.–(BUSINESS WIRE<\/a>)–
\nFlux Power Holdings, Inc. (NASDAQ: FLUX<\/a>), a developer of advanced lithium-ion industrial batteries<\/a> for commercial and industrial equipment, today announced that on July 20, 2021, its sales order backlog reached $13.7M.\n<\/p>\n

\nThese battery packs, to be delivered to customers in the current and subsequent quarters, will be used to power material handling equipment<\/a>, airport ground support equipment<\/a> (GSE), and other industrial equipment. The $13.7M in sales order backlog represents the Company\u2019s highest open sales orders and reflects Company\u2019s growing customer base and recovering status of some of its COVID impacted customers.\n<\/p>\n

\n\u201cWe are pleased to see a recovery in the travel industry and repeat purchase orders from our global airline customers,\u201d commented CEO Ron Dutt. \u201cWe believe this sales order backlog reflects broad customer satisfaction with our full line of lithium-ion battery packs.\u201d\n<\/p>\n

About Flux Power Holdings, Inc.<\/b> (www.fluxpower.com<\/a>)\n<\/p>\n

\nFlux Power designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions for lift trucks, airport ground support equipment (GSE), stationary energy storage, and other industrial and commercial applications. Flux Power\u2019s battery packs, including its proprietary battery management system (BMS), provide its customers with a better performing, higher value, and more environmentally friendly alternative as compared to traditional lead acid and propane-based solutions.\n<\/p>\n

\nFlux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.\n<\/p>\n

Cautionary Statement Regarding Forward-Looking Statements<\/strong><\/p>\n

This press release contains projections and other “forward-looking statements” relating to Flux Power\u2019s business, that are often identified by the use of “believes,” “expects” or similar expressions. Forward-looking statements involve a number of estimates, assumptions, risks and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc. Such forward-looking statements in this press release include but is not limited to development and success of new products, projected sales, failure to realize sales expected from backlog of orders and contracts; Flux Power\u2019s ability to timely obtain UL Listing for its products, Flux Power\u2019s ability to fund its operations, distribution partnerships and business opportunities and the uncertainties of customer acceptance of current and new products. Actual results could differ from those projected due to numerous factors and uncertainties. Although Flux Power believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable, they can give no assurance that such statements will prove to be correct, and that the Flux Power\u2019s actual results of \u200eoperations, financial condition and performance will not differ materially from the \u200eresults of operations, financial condition and performance reflected or implied by these forward-\u200elooking statements. Undue reliance should not be placed on the forward-looking statements and Investors should refer to the risk factors outlined in our Form 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov\/edgar<\/a>.<\/i>These forward-looking statements are made as of the date of this news release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected.<\/i><\/p>\n

Follow us at:
\n
<\/b>Blog: Flux Power Blog
\n<\/a>
News Flux Power News
\n<\/a>
Twitter: @FLUXpwr
\n<\/a>
LinkedIn: Flux Power <\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210722005109\/en\/<\/a><\/span><\/p>\n

Media & Investor Relations:
\n<\/b>
Justin Forbes
\n
877-505-3589
\n
info@fluxpower.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Automotive Manufacturing Automotive Manufacturing Trucking Air Other Energy Transport Other Manufacturing Alternative Vehicles\/Fuels Environment Energy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs VISTA, Calif.–(BUSINESS WIRE)– Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that on July 20, 2021, its sales order backlog reached $13.7M. These battery packs, to be delivered to customers in the current and subsequent quarters, will be used to power material handling equipment, airport ground support equipment (GSE), and other industrial equipment. The $13.7M in sales order backlog represents the Company\u2019s highest open sales orders and reflects Company\u2019s growing customer base and recovering status of some of its COVID impacted customers. \u201cWe are pleased to see a recovery in the travel industry and repeat purchase … <\/p>\n

Continue reading “Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516400","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFlux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs VISTA, Calif.–(BUSINESS WIRE)– Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that on July 20, 2021, its sales order backlog reached $13.7M. These battery packs, to be delivered to customers in the current and subsequent quarters, will be used to power material handling equipment, airport ground support equipment (GSE), and other industrial equipment. The $13.7M in sales order backlog represents the Company\u2019s highest open sales orders and reflects Company\u2019s growing customer base and recovering status of some of its COVID impacted customers. \u201cWe are pleased to see a recovery in the travel industry and repeat purchase … Continue reading "Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-22T12:11:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210722005109r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs\",\"datePublished\":\"2021-07-22T12:11:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/\"},\"wordCount\":619,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210722005109r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/flux-power-announces-sales-order-backlog-of-13-7m-for-lithium-ion-battery-packs\\\/\",\"name\":\"Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs - 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