Flux Power secures patent for battery life extension AI

Published 05/05/2025, 13:42
Flux Power secures patent for battery life extension AI

VISTA, Calif. - Flux Power Holdings, Inc. (NASDAQ:FLUX), a $28.5 million market cap company known for its advanced lithium-ion energy storage solutions, has announced the award of a patent for its Intelligent Battery Cycle Life Maximization Algorithm. This proprietary AI-based technology is designed to enhance the lifespan and efficiency of battery packs by dynamically optimizing charge values in real-time. According to InvestingPro data, the company’s stock has shown significant price movement recently, with a strong return over the last month despite falling 65% over the past year.

The algorithm employs machine learning to adjust battery behavior based on actual usage patterns, aiming to significantly prolong system life and operational efficiency. Paulus Geantil, CTO of Flux Power, stated, "We’ve moved beyond conventional battery management – this algorithm learns and evolves with the application to deliver optimal performance over time." With a gross profit margin of 30.1% in the last twelve months, the company’s innovative approach appears to be yielding positive operational results, though InvestingPro analysis indicates the company faces challenges with short-term obligations exceeding liquid assets.

This development is part of Flux Power’s strategic transition from a battery manufacturer to a technology-driven energy solutions provider, focusing on smart, connected, and autonomous energy ecosystems. The company’s CEO, Krishna Vanka, highlighted the importance of this innovation, saying, "This patent is a cornerstone of that vision, enabling us to deliver software-driven solutions, which generate additional customer value that goes far beyond traditional energy storage."

Flux Power’s portfolio now includes this patented algorithm, reinforcing its position as a technology leader in the energy storage solutions industry. The company’s approach integrates intelligence directly into the battery system, offering customers enhanced value, reliability, and performance. With annual revenue of $60.8 million and an overall Fair Financial Health score rated as "FAIR" by InvestingPro, the company shows potential despite current profitability challenges. Investors seeking deeper insights can access comprehensive analysis through InvestingPro’s detailed research reports, available for over 1,400 US stocks including FLUX.

Flux Power designs, manufactures, and sells lithium-ion battery packs for a variety of industrial and commercial applications, including material handling and airport ground support equipment. These products are positioned as more sustainable alternatives to traditional lead acid and propane-based solutions, contributing to reduced CO2 emissions and improved sustainability metrics for fleets.

The company’s forward-looking statements indicate a commitment to innovation and customer satisfaction, although they also caution that actual results may differ materially from projections due to various risks and uncertainties. According to InvestingPro’s valuation analysis, FLUX appears to be trading below its Fair Value, presenting a potential opportunity for investors willing to accept the risks associated with the company’s current financial position.

This announcement is based on a press release statement from Flux Power Holdings, Inc.

In other recent news, Flux Power Holdings has reported several significant developments. The company revealed its first-quarter earnings for 2025, noting a 9% year-over-year revenue increase to $16.1 million, although earnings per share (EPS) fell short of expectations at -$0.10 against a forecast of -$0.06. Additionally, Flux Power secured $6 million in purchase orders from six large North American airlines, highlighting the industry’s shift towards sustainability with their lithium-ion solutions. Furthermore, the company launched the G-Series G96-G2 High Voltage lithium-ion solution, specifically tailored for ground support equipment, with a major airline placing the initial order.

In another update, H.C. Wainwright analyst Amit Dayal adjusted the price target for Flux Power to $8.00 from $15.00, maintaining a Buy rating following the company’s second fiscal quarter results. Flux Power reported a 7.5% decline in revenue to $16.8 million for the quarter, with a gross profit of $5.5 million, up from the previous year’s 29.6% margin. Despite the revenue decline, the company continues to focus on expanding its product lines and maintaining a strong backlog of $19.5 million as of February 2025. These developments reflect Flux Power’s ongoing efforts to strengthen its position in the energy storage market amidst financial challenges.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.