iHub News
1月前
Primech steps up U.S. rollout of AI-powered cleaning robotApril 23, 2026 10:51 AM
IH Market News
Primech Holdings Limited (NASDAQ:PMEC) announced plans to accelerate its expansion in the United States for Hytron, its autonomous restroom cleaning robot, after being selected for the SelectUSA Tech program.The company confirmed it will attend the 2026 SelectUSA Investment Summit, scheduled for May 3–6 in National Harbor, Maryland, following an invitation from the U.S. Embassy in Singapore. Primech added that mass production of Hytron began in the second quarter of 2026.
Strong interest following CES showcase
Primech said it generated more than 350 enterprise leads from 23 countries at CES 2026, including interest from U.S. operators across healthcare, hospitality, transportation, higher education, and commercial real estate sectors.The company is currently in talks with several large-scale facility operators in the U.S.
Building U.S. presence
To support its expansion, the Singapore-based firm has established a U.S. operational footprint, including incorporation in Delaware and an office in Edwardsville, Illinois. It has also secured distribution agreements in multiple international markets.Hytron demonstrated over 99% bacterial reduction in independent testing and received a TechRadar Pro Picks Award at CES 2026, according to the company.
CEO highlights commercial momentum
“With Hytron mass production having commenced in the second quarter of 2026, distribution agreements in place across multiple international markets, and a clear pipeline of U.S. enterprise deployment opportunities, we are positioned to convert this momentum into meaningful commercial traction,” said Ken Ho, Chairman and Chief Executive Officer.
Financial backdrop and market performance
Primech, which has a market capitalization of approximately $26.12 million, is working toward improving profitability. The company reported revenue of $75.47 million over the past twelve months with a gross margin of 16%, though it remains unprofitable. Shares have fallen about 65% over the past six months to $0.68.
Engagement at SelectUSA summit
During the summit, Primech plans to connect with U.S. state and local economic development agencies, federal representatives, and potential commercial partners.According to the U.S. Department of Commerce, the SelectUSA initiative facilitated roughly $139 billion in foreign direct investment deals over the past year.
Broader business developments
Primech AI Pte. Ltd., a subsidiary of Primech Holdings, focuses on robotics and automation, while the parent company provides facilities services in Singapore.Recently, Primech A & P Pte. Ltd. secured a public sector contract worth approximately $24 million to deliver integrated cleaning services across six hawker and food centers in Singapore under a 4+1-year performance-based agreement.The company also won around $33 million in multi-year contracts with a Singapore university for cleaning and on-site waste management services through 2030.Additional residential cleaning and waste management contracts worth about $5.02 million were also awarded, with durations ranging from one to three years.Separately, Primech AI signed a distribution agreement to bring its Hytron robots to South Korea, a deal expected to generate about $4.08 million in revenue over three years based on minimum order commitments and pricing terms.Primech Holdings stock price
Original: Primech steps up U.S. rollout of AI-powered cleaning robot
georgie18
1年前
PMEC...$1.07...HOD...🥳
georgie18
Member Level
Re: georgie18 post# 35
Wednesday, February 12, 2025 11:14:44 AM
Post#
37
of 38
PMEC...93s clearing here...🥳Off the .60 range dip alert...
georgie18
Member Level
Re: georgie18 post# 671719
Wednesday, January 29, 2025 10:12:11 AM
Post#
672714
of 674149
PMEC...66...🥳...Adding this dip...Float in the 7 Million Range...
georgie18
Member Level
Re: georgie18 post# 33
Friday, January 17, 2025 2:42:07 PM
Post#
34
of 34
PMEC...763...🥳...Off the .65 range dip yesterday...
georgie18
Member Level
Re: georgie18 post# 671493
Thursday, January 16, 2025 12:24:31 PM
Post#
671550
of 671718
PMEC...6457...🥳...Loading the dip...Took 1/2 off the table on the $1.40 Pre Market move...
georgie18
Member Level
Re: georgie18 post# 31
Thursday, January 16, 2025 9:01:12 AM
Post#
32
of 32
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...93s clearing here...🥳Off the .60 range dip alert...
georgie18
Member Level
Re: georgie18 post# 671719
Wednesday, January 29, 2025 10:12:11 AM
Post#
672714
of 674149
PMEC...66...🥳...Adding this dip...Float in the 7 Million Range...
georgie18
Member Level
Re: georgie18 post# 33
Friday, January 17, 2025 2:42:07 PM
Post#
34
of 34
PMEC...763...🥳...Off the .65 range dip yesterday...
georgie18
Member Level
Re: georgie18 post# 671493
Thursday, January 16, 2025 12:24:31 PM
Post#
671550
of 671718
PMEC...6457...🥳...Loading the dip...Took 1/2 off the table on the $1.40 Pre Market move...
georgie18
Member Level
Re: georgie18 post# 31
Thursday, January 16, 2025 9:01:12 AM
Post#
32
of 32
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...66...🥳...Adding this dip...Float in the 7 Million Range...
georgie18
Member Level
Re: georgie18 post# 33
Friday, January 17, 2025 2:42:07 PM
Post#
34
of 34
PMEC...763...🥳...Off the .65 range dip yesterday...
georgie18
Member Level
Re: georgie18 post# 671493
Thursday, January 16, 2025 12:24:31 PM
Post#
671550
of 671718
PMEC...6457...🥳...Loading the dip...Took 1/2 off the table on the $1.40 Pre Market move...
georgie18
Member Level
Re: georgie18 post# 31
Thursday, January 16, 2025 9:01:12 AM
Post#
32
of 32
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...763...🥳...Off the .65 range dip yesterday...
georgie18
Member Level
Re: georgie18 post# 671493
Thursday, January 16, 2025 12:24:31 PM
Post#
671550
of 671718
PMEC...6457...🥳...Loading the dip...Took 1/2 off the table on the $1.40 Pre Market move...
georgie18
Member Level
Re: georgie18 post# 31
Thursday, January 16, 2025 9:01:12 AM
Post#
32
of 32
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...6457...🥳...Loading the dip...Took 1/2 off the table on the $1.40 Pre Market move...
georgie18
Member Level
Re: georgie18 post# 31
Thursday, January 16, 2025 9:01:12 AM
Post#
32
of 32
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...$1.40s clearing here...Plus 87% so far...🥳
georgie18
Member Level
Re: georgie18 post# 670663
Thursday, January 16, 2025 8:55:04 AM
Post#
671491
of 671492
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...$1.15...🥳...Off my .85 Alert...
georgie18
Member Level
Re: georgie18 post# 29
Tuesday, January 07, 2025 8:34:26 AM
Post#
30
of 30
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
georgie18
1年前
PMEC...83...🥳...SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
georgie18
Member Level
Re: georgie18 post# 665215
Saturday, December 07, 2024 11:30:28 AM
Post#
667202
of 670663
PMEC...77...🥳... https://schrts.co/bFNJfPwz ...Bullish Meeting Line Reversal Pattern to the Upside...Been running in a .60/.80 Channel for months...Been Accumulating in the .60 to .80 range...Looking for a Parabolic move with a 7 Million range Float...imo...we shall see...
Thursday, November 14, 2024 11:58:55 AM
Post#
665005
of 665214
PMEC...85s clearing here...🥳...https://www.globenewswire.com/news-release/2024/11/11/2978247/0/en/Primech-AI-a-Subsidiary-of-Primech-Holdings-Unveils-Ambitious-Future-Plans-for-its-Innovative-Toilet-Cleaning-Robot-HYTRON.html
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