Flux Power Announces UL Solutions List Status for Next-Generation G2 Series Battery Platform
09 Maio 2023 - 9:31AM
Business Wire
Expanding Fortune 500 Customer Base Opens New
Markets with Larger Fleets Featuring Next-Generation Heavy-Duty
Battery Packs
Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of
advanced lithium-ion energy storage solutions for electrification
of commercial and industrial equipment, today announced it has
completed UL Solutions compliance testing to obtain third-party,
science-backed certification for its next-generation clean energy
battery technology. The new Flux Power G2 Series platform
introduces a line of heavy-duty battery packs with safe, stable
lithium iron phosphate chemistry.
“As we expand relationships with large fleets, the UL Solutions
compliance investigation and subsequent UL Listed designation
demonstrates our market leadership and commitment to developing the
highest quality lithium-ion battery packs on the market for our
Fortune 500 customers,” said CEO Ron Dutt. “Safety and durability
will always be our highest priorities, and the UL Solutions Listed
label underscores our company values and due diligence to ensure
that all products undergo independent third-party testing and
validation for safety, performance, and stability.”
The newly designed product portfolio includes new Flux Power
models for order pickers, 36-volt narrow aisle trucks, and a broad
range of GSE vehicles with heavy-duty battery packs optimized to
deliver peak performance. Modular components can be configured to
accommodate voltage and capacity requirements ranging from 24 to
80-volt, and from 210 to 840-amp hours (Ah). Active cooling and
heating for demanding applications in warm or cold environments are
new features to address a wider range of indoor and outdoor
applications and protection from extreme temperature environments,
overcharge/discharge, high current, and drive-away protection. In
addition, IP (Ingress Protection) ratings as high as IP66 are now
available to avoid water intrusion.
Following a cadence of successful test cycles for previous
generations of Flux Power clean energy battery packs, UL Solutions
has now authorized in-house compliance testing at the company’s
manufacturing facility in Vista, Calif, with periodic onsite and
virtual inspections from the UL Solutions team. UL Solutions
closely monitors the test schedule and provides oversight at
designated intervals throughout the approval process.
About Flux Power Holdings, Inc.
Flux Power (NASDAQ: FLUX) designs, manufactures, and sells
advanced lithium-ion energy storage solutions for electrification
of a range of industrial and commercial sectors including material
handling, airport ground support equipment (GSE), and stationary
energy storage. Flux Power’s lithium-ion battery packs, including
the proprietary battery management system (BMS) and telemetry,
provide customers with a better performing, lower cost of
ownership, and more environmentally friendly alternative, in many
instances, to traditional lead acid and propane-based solutions.
Lithium-ion battery packs reduce CO2 emissions and help improve
sustainability and ESG metrics for fleets. For more information,
please visit www.fluxpower.com.
Forward-Looking Statements
This release contains projections and other "forward-looking
statements" relating to Flux Power’s business, that are often
identified using "believes," "expects" or similar expressions.
Forward-looking statements involve several 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 include impact of
COVID-19 on Flux Power’s business, results and financial condition;
Flux Power’s ability to obtain raw materials and other supplies for
its products at competitive prices and on a timely basis,
particularly in light of the potential impact of the COVID-19
pandemic on its suppliers and supply chain; the development and
success of new products, projected sales, deferral of shipments,
Flux Power’s ability to fulfill backlog orders or realize profit
from the contracts reflected in backlog sale; Flux Power’s ability
to fulfill backlog orders due to changes in orders reflected in
backlog sales, Flux Power’s ability to timely obtain UL Listing for
its products, Flux Power’s ability to fund its operations,
distribution partnerships and business opportunities and the
uncertainties of customer acceptance and purchase 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’s actual results of operations,
financial condition and performance will not differ materially from
the results of operations, financial condition and performance
reflected or implied by these forward-looking 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. 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.
Flux, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230509005495/en/
Media & Investor Relations: info@fluxpower.com
External Investor Relations: Chris Tyson,
Executive Vice President MZ Group - MZ North America 949-491-8235
FLUX@mzgroup.us www.mzgroup.us
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