Core Insights - Rectitude Holdings Ltd. has entered into a memorandum of understanding with Nanjing Starship Intelligent Storage Technology Co. to provide its All-in-one Intelligence Micro-grid System, a next-generation energy storage solution aimed at transforming industrial power management [1][3] Company Overview - Founded in 1997 in Singapore, Rectitude specializes in safety equipment, including personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers, and traffic products [4] - The company also offers auxiliary products such as industrial hardware tools and electrical hardware for construction sites, with a growing market presence in Southeast Asia [4] Product Details - The AIMS is designed to manage power from multiple sources, including renewable energy and diesel generators, for both on-grid and off-grid applications [2] - Key features include intelligent energy management, dual charging circuits, and remote monitoring, which optimize energy use [2] - Benefits of the AIMS include zero-emission operation when integrated with renewable sources, significant cost savings through reduced fuel consumption, scalability for various energy needs, and reliable performance [2] Strategic Goals - The partnership with Nanjing Starship is seen as a milestone in Rectitude's long-term strategic goals to provide innovative solutions that enhance workplace safety [3] - The micro-grid system is expected to transform energy management by offering scalable, flexible, and efficient power solutions, contributing to potential revenue growth and an expanded product range [3] - As industries aim to reduce carbon footprints and energy costs, Rectitude is positioned to lead the transition to electric equipment powered by renewable energy [3]
Rectitude Announces Supply Relationship for Innovative New Energy Solutions in Southeast Asia