Flux Power announces Sales Order backlog of $13.7M for Lithium-ion Battery Packs
Flux Power Holdings, Inc., a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, has 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’s highest open sales orders and reflects the Company’s growing customer base and recovering status of some of its COVID-19 impacted customers.
Ron Dutt
“We are pleased to see a recovery in the travel industry and repeat purchase orders from our global airline customers,” commented CEO Ron Dutt. “We believe this sales order backlog reflects broad customer satisfaction with our full line of lithium-ion battery packs.”
