SINGAPORE, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (Nasdaq: PMEC) (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, announced its participation in the Aramark Facilities Innovation Forum in Warren, Michigan. Primech was invited to join a select group of companies presenting technologies chosen for their ability to drive measurable improvements in facility operations. The forum convened Aramark’s senior executives, operational leaders, and decision-makers from across mul ...

SINGAPORE, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (Nasdaq: PMEC) (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, announced its participation in the Aramark Facilities Innovation Forum in Warren, Michigan. Primech was invited to join a select group of companies presenting technologies chosen for their ability to drive measurable improvements in facility operations. The forum convened Aramark’s senior executives, operational leaders, and decision-makers from across mul ...

Core Insights - Primech Holdings Ltd. has signed a strategic Memorandum of Understanding with GAIB to tokenize its HYTRON autonomous cleaning robots, enabling new AI Robotics-as-a-Service (ARaaS) business models that enhance profitability potential [1][4] Company Overview - Primech Holdings is a leading provider of technology-driven facilities services in Singapore, offering a range of services including advanced maintenance, specialized cleaning, and eco-friendly practices [5] Partnership Details - The MOU with GAIB will develop protocols to tokenize HYTRON as digital assets, allowing fractional ownership and creating liquid secondary markets for robot investments [2] - This collaboration aims to leverage tokenized assets as collateral for onchain credit facilities, facilitating automated usage-based payments and continuous revenue generation from robot operations [2][3] Financial Implications - The tokenization approach is expected to transform traditional robot sales into recurring revenue streams, expanding the potential investor base significantly [3] - By unlocking rapid scaling of HYTRON without conventional financing limitations, the partnership addresses Primech's capital deployment constraints [3] Strategic Vision - The partnership is seen as a breakthrough in realizing the profit potential of HYTRON technology, allowing for fractional robotic ownership and continuous ARaaS revenue streams [4]

SINGAPORE, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, today announced that its flagship HYTRON autonomous cleaning robot achieved bacterial reduction exceeding 99% in independent testing conducted by a top-tier laboratory. The comprehensive analysis demonstrated exceptional disinfection performance, which is consistent with the performance thresholds required for hospital-grade disinfectants in the United States. HYTRON’s i ...

Core Insights - Primech AI Pte. Ltd. has successfully debuted its next-generation HYTRON AI robots at CMS Berlin 2025, generating over 250 qualified client inquiries, indicating strong commercial potential in the global facilities management market [1][2][3] Company Overview - Primech AI is a leading robotics company focused on innovation in technology, aiming to revolutionize the robotics industry with impactful solutions [4] - Primech Holdings Limited, headquartered in Singapore, provides technology-driven facilities services to both public and private sectors, offering a range of services including advanced facility maintenance and specialized cleaning solutions [5] Market Demand and Opportunities - The HYTRON robots attracted interest from international hotel chains and strategic partners across Europe, the USA, the Middle East, Australia, and Japan, showcasing strong global demand in the facility management sector [2][3] - The live demonstrations of HYTRON highlighted its advanced AI capabilities and efficiency gains, presenting substantial business development opportunities [2][3] Strategic Expansion - CMS Berlin marks the beginning of HYTRON's global World Tour, aimed at increasing visibility and accelerating commercialization, with upcoming events in Tokyo and Las Vegas [3]

Core Insights - Primech AI Pte. Ltd. has gained significant global traction from its participation at CMS Berlin 2025, showcasing its next-generation HYTRON AI robots for sustainable hygienic service, resulting in over 250 qualified client inquiries [1][2][3] - The strong interest from international hotel chains and strategic partners across Europe, the USA, the Middle East, Australia, and Japan indicates robust global demand and business development opportunities in the facility management sector [2][3] Company Overview - Primech AI is a leading robotics company focused on innovation in technology, aiming to revolutionize the robotics industry with impactful solutions [4] - Primech Holdings Limited, headquartered in Singapore, provides comprehensive technology-driven facilities services, catering to both public and private sectors with a commitment to sustainability and advanced technology [5] Market Potential - The HYTRON robots demonstrated advanced AI capabilities and autonomous operations, delivering measurable efficiency gains and scalability in both commercial and household settings, highlighting the commercial potential in the multi-billion-dollar global facilities management market [1][2][3] - The launch of HYTRON's global World Tour aims to enhance visibility and accelerate commercialization, with upcoming events including the Building Maintenance & Clean Expo 2025 in Tokyo and CES Las Vegas [3]

Company Overview - Primech Holdings Limited is a leading provider of AI-driven facilities services, primarily serving both public and private sectors in Singapore [4] - The company offers a wide range of services, including advanced facility maintenance, specialized cleaning solutions, and eco-friendly practices integrated with smart technology [4] Expansion into North America - Primech celebrated the opening of its U.S. office in Edwardsville, Illinois, marking its entry into the North American market [1] - The choice of Illinois is strategic due to its central geography, facilitating relationships across major American markets and enabling efficient scaling [2] Market Opportunity - The U.S. cleaning robot market is valued at $3.66 billion for commercial applications in 2025 and is projected to grow at a CAGR of 22.7% through 2030 [2] - This growth is driven by increasing demand for efficient, labor-reducing solutions in sectors such as education, healthcare, hospitality, and retail [2] Strategic Vision - The establishment of a U.S. presence is a pivotal step in Primech's global expansion strategy, aimed at addressing labor dependency challenges and enhancing hygiene standards [3] - The company aims to become the preferred choice for institutional adoption of its AI-powered technology, creating sustainable pathways for long-term growth [3]

Core Insights - Primech Holdings Limited's subsidiary, Primech AI, has signed a Memorandum of Understanding with Savills Property Management to enhance market penetration in Greater China [1][2] - The partnership aims to develop distribution channels and market strategies for Primech AI's autonomous bathroom cleaning robot, HYTRON, focusing on Robotics-as-a-Service (RaaS) models [2][3] - HYTRON is designed to improve restroom maintenance efficiency, featuring advanced navigation and sustainability capabilities [3][4] Company Overview - Primech AI is recognized as a leading innovator in AI-powered autonomous cleaning solutions, committed to revolutionizing the robotics industry [4] - Primech Holdings Limited, headquartered in Singapore, provides technology-driven facility services, including specialized cleaning and maintenance solutions [5] - The company emphasizes sustainability and advanced technology to enhance operational efficiency and client satisfaction [5]

Group 1 - Primech Holdings Limited's subsidiary, Primech A&P, has secured a multi-year cleaning services contract valued at S$25,196,581.00 (approximately US$19.6 million) with a leading polytechnic in Singapore, marking a significant achievement for the company [1] - The contract includes the deployment of the HYTRON, an AI-powered autonomous bathroom cleaning robot, along with other advanced robotics and cleaning solutions to enhance hygiene standards and facility management efficiency [2] - Ken Chang, Head of Operations at Primech A&P, emphasized that this contract validates the company's growth strategy and technology-integrated service delivery model, providing strong long-term revenue visibility [3] Group 2 - Primech A&P's expertise in technology-enhanced facility operations across high-traffic institutional environments has positioned it as a preferred partner for the polytechnic, expanding its client portfolio which includes government facilities, major airports, and commercial properties [3] - Primech Holdings Limited is recognized as a leading provider of comprehensive technology-driven facilities services in Singapore, catering to both public and private sectors with a wide range of services [4] - The company integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction, positioning itself as a proactive contributor to advancing industry standards [4]

Core Insights - The launch of the next-generation HYTRON autonomous bathroom cleaning robot by Primech AI marks a significant advancement in autonomous cleaning technology, featuring enhanced design and AI capabilities [1][2][3] - The new model is available in two premium finishes, matte black and metallic silver, combining functionality with aesthetics [1][6] - The HYTRON aims to transform restrooms into showcases of smart hygiene while improving operational efficiency [2][3] Company Overview - Primech AI is a subsidiary of Primech Holdings Limited, focused on innovation in robotics and smart facility solutions [1][8] - The company emphasizes its commitment to pushing the boundaries of robotics technology, aiming to meet market demands and set new expectations in autonomous cleaning [4][9] Technological Enhancements - The new HYTRON features an advanced navigation system with AI-powered pathfinding and obstacle detection for improved operational efficiency [6] - It includes upgraded cleaning mechanisms for deeper sanitation and next-generation machine learning algorithms for optimized cleaning patterns [6] - The robot leverages the NVIDIA Jetson Orin Super System-on-Module for energy efficiency and intelligent navigation, along with advanced 3D-cleaning capabilities [7] Global Debut Tour - Primech AI will showcase the HYTRON at major international exhibitions, providing opportunities for industry professionals to experience its capabilities [4][7] - The HYTRON World Tour aims to engage with global markets and demonstrate how the technology can transform facility management across various industries [7]