Rectitude Announces Supply Relationship for Innovative New Energy Solutions in Southeast Asia
Rectitude Holdings Ltd - Ordinary Shares (RECT)
Company Research
Source: GlobeNewswire
SINGAPORE, Dec. 04, 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 it has entered into a memorandum of understanding (MOU) with Nanjing Starship Intelligent Storage Technology Co. to provide its All-in-one Intelligence Micro-grid System (“AIMS” or “AST-05”), a next-generation energy storage solution with the potential to transform how industries manage power. As part of the Company’s ASTRIA Series, the AIMS is an all-in-one energy storage solution designed to manage power from multiple sources, including renewable energy and diesel generators, for both on-grid and off-grid applications. It features intelligent energy management, dual charging circuits, and remote monitoring to optimize energy use. The new product’s key benefits include zero-emission operation when integrated with renewable sources, substantial cost savings through reduced
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