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Flux Power Advances Battery Safety and Fleet Intelligence with Three New Innovations

globenewswire.com

Flux Power Advances Battery Safety and Fleet Intelligence with Three New Innovations VISTA, Calif., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX) (Flux Power), a developer of advanced lithium-ion energy storage solutions and fleet intelligence technology, today announced three product innovations spanning battery safety, expanded material handing applications and connected fleet intelligence. Together, the launches reflect Flux Power’s execution of its strategy to expand the applications it serves, extend its fleet intelligence capabilities and create additional opportunities for growth across material handling and airport ground support equipment (GSE) markets through fiscal 2027 and beyond.

Developed in collaboration with customers and OEM partners, the innovations build upon Flux Power’s integrated portfolio of lithium-ion batteries, battery management systems and SkyEMS® fleet intelligence, creating more opportunities to serve customers across their operations.

Flux Power Adds Integrated Gas Detection to Airport GSE Batteries

Next-generation monitoring goes beyond industry requirements, adding another layer of protection to Flux Power’s proven battery safety architecture.

Flux Power is adding integrated gas detection to its airport GSE battery lines, the next evolution of the multi-layered safety design already built into every Flux Power battery. Going beyond what industry standards require, the sensor continuously monitors conditions inside the battery and communicates directly with Flux Power’s battery management system (BMS). If a potential thermal event is detected, the BMS can alert a CAN-integrated vehicle and automatically shut down power. On batteries equipped with SkyVOX telematics, events are also reported to SkyEMS for real-time visibility, giving operators and ground crews added confidence on busy ramps.

The solution was developed with a major airline and demonstrated at Flux Power’s Vista, California headquarters recently.

“Safety on the ramp is non-negotiable for our airline customers,” said Mark Barmettler, VP of Engineering at Flux Power. “Flux Power’s integrated gas detection gives operators an added layer of protection and real-time visibility, which we believe makes lithium an even easier decision for GSE fleets.”

Initial shipments are expected in the first quarter of calendar 2027, beginning with an airline end user customer. Flux Power is also planning to offer a retrofit program for batteries already in service.

New S24 Configurations Expand Fleet Opportunities

Flux Power continues to expand its flagship S-Series category with two new S24 configurations, giving OEM partners and national account customers one lithium-ion platform across more of their forklift applications:

The new configurations extend the S-Series beyond its core applications to additional truck models and equipment categories. For OEM partners, a broader S-Series means a qualified Flux Power lithium-ion option across more of their truck lineups, making it easier to specify Flux Power and support their dealer networks with a consistent solution.

For current and new customers, it means standardizing more of their fleet on a single battery platform, backed by SkyEMS fleet intelligence, and one service partner across their sites. Flux Power believes the new S24 configurations will increase its potential share of each customer’s fleet and build a broader foundation for potential future commercial growth.

SkyVOX Brings Battery Location and Charging Alerts to Fleets

SkyVOX extends Flux Power’s fleet intelligence capabilities with battery location and intelligent charging alerts. Fleet managers can quickly locate connected batteries and identify which units need charging, helping to reduce time spent searching for equipment and preventing batteries from reaching a low state of charge mid-shift.

The newest addition to the SkyVOX family introduces external cellular and GPS antennas mounted outside the battery enclosure, so signals aren’t blocked when the SkyVOX telemetry device sits deep inside a steel truck compartment. The result is consistent location tracking and reliable event reporting to SkyEMS, even in installations where internal-antenna telematics often lose connection.

Building on the recently launched SkyEMS® 3.0, SkyVOX further connects battery intelligence with day-to-day fleet operations. Industry research has found that locating and dispatching ground support equipment can take 14 minutes per flight, underscoring the opportunity for real-time battery visibility to help crews deploy equipment faster, improve fleet utilization and keep airport operations moving efficiently.

Shipments are expected to begin in the fourth quarter of calendar 2026.

“These innovations advance Flux Power’s growth strategy across three key areas: battery safety, fleet intelligence and expanded equipment applications,” said Krishna Vanka, Chief Executive Officer of Flux Power. “By solving more customer challenges and extending our technology across more of their operations, we believe we’re creating new opportunities to grow our addressable market, deepen customer relationships and strengthen Flux Power’s competitive position. These launches are part of a broader pipeline of innovation we’re planning to advance through fiscal 2027.”

For more information, visit www.fluxpower.com.

About Flux Power

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 and airport ground support equipment (GSE). 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 include, but are not limited to, statements regarding Flux Power’s product roadmap, planned product introductions and planned pipeline of innovation through fiscal 2027, the expected shipment timing of its gas-sensing GSE batteries and SkyVOX telematics units, the planned rollout with its airline partner, any potential retrofitting of existing customer batteries, the outcome of OEM testing and qualification, the new S24 configurations increasing Flux Power’s potential share of each customer’s fleet, future product announcements, expected customer adoption of new products, and quotes from management. 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. Accordingly, forward-looking statements are not guarantees of future results. Some of the important factors that could cause Flux Power’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: Flux Power’s ability to amend the terms of its agreement with Gibraltar Business Capital, LLC and Flux Power’s continued access to its credit facility thereunder; Flux Power’s ability to secure sufficient funding to support its current and proposed operations; Flux Power’s ability to continue as a going concern; Flux Power’s ability to meet projected revenue targets and generate sufficient cash from operations; Flux Power’s ability to regain compliance with and continue to meet the continued listing standards of the Nasdaq Stock Market; the impact of tariffs on Flux Power’s ability to cost-effectively source battery packs and materials used in its products; Flux Power’s ability to obtain raw materials and other supplies for its products at existing or competitive prices and on a timely basis; Flux Power’s anticipated growth strategies and its ability to manage the expansion of its business operations effectively; Flux Power’s ability to maintain or increase its market share in the competitive markets in which it does business; Flux Power’s ability to grow its revenue, increase its gross profit margin and become a profitable business; Flux Power’s ability to fulfill its backlog of open sales orders due to delays in the receipt of key component parts and other potential manufacturing disruptions; Flux Power’s ability to keep up with rapidly changing technologies and evolving industry standards, including its ability to achieve technological advances; Flux Power’s dependence on the growth in demand for its products; Flux Power’s ability to compete with both peers and larger companies with far greater resources than it; Flux Power’s ability to reduce production costs of its product line through new designs, manufacturing and supply arrangements; Flux Power’s ability to shift to new suppliers and incorporate new components into its products in a manner that is not disruptive to its business; Flux Power’s ability to obtain and maintain UL Listings and OEM approvals for its energy storage solutions; Flux Power’s ability to diversify its product offerings and capture new market opportunities; Flux Power’s ability to source its needs for skilled labor, machinery, parts, and raw materials economically; Flux Power’s ability to retain and/or successfully recruit key members of its senior management team; Flux Power’s ability to diversify its customer base to reduce its current dependence on a few major customers; and the expense, timing and outcome of legal proceedings relating to Flux Power’s accounting practices, financial disclosures and employment policies and practices, investigations and information requests that may be initiated or that may be asserted. 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, it can give no assurance that such statements will prove to be correct, and that 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 Flux Power’s 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 release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected, except as required by applicable law.

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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