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NEWS
Rectitude Secures Initial Sales Contracts for Innovative New Energy Solutions, Entering the Multi-Billion-Dollar Green Energy Market in Southeast Asia
Monday, 23rd December at 7:45 am
SINGAPORE, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (NASDAQ: RECT, the "Company" or "Rectitude")), a Singapore-based provider of safety equipment and related industrial products, today announced that it has secured its first sales contracts for its new product, the All-in-One Intelligence Micro-grid System ("AIMS"). These contracts are expected to generate approximately USD 1 million in revenue. With the launch of AIMS and Rectitude's expansion into Thailand, the Company is well-positioned to further growth across Southeast Asia.
The achievement follows Rectitude's recent announcement of a strategic supply relationship with Nanjing Starship Intelligent Storage Technology Co. to deliver innovative new energy solutions in Southeast Asia. The successful sale of AIMS and entering a new country represent a key step in the Company's strategy to penetrate a forecasted multi-billion-dollar Southeast Asian new energy solutions market and further strengthen Rectitude's strategic expansion across the region.
Monday, 23rd December at 7:45 am
SINGAPORE, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (NASDAQ: RECT, the "Company" or "Rectitude")), a Singapore-based provider of safety equipment and related industrial products, today announced that it has secured its first sales contracts for its new product, the All-in-One Intelligence Micro-grid System ("AIMS"). These contracts are expected to generate approximately USD 1 million in revenue. With the launch of AIMS and Rectitude's expansion into Thailand, the Company is well-positioned to further growth across Southeast Asia.
The achievement follows Rectitude's recent announcement of a strategic supply relationship with Nanjing Starship Intelligent Storage Technology Co. to deliver innovative new energy solutions in Southeast Asia. The successful sale of AIMS and entering a new country represent a key step in the Company's strategy to penetrate a forecasted multi-billion-dollar Southeast Asian new energy solutions market and further strengthen Rectitude's strategic expansion across the region.
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103782469 : $Rectitude Holdings (RECT.US)$ Big 1 million dollars sales within one month of partnership
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105163710 : Timing is important and opportunity is hard to come by. The team capabilities are best assets