Core Insights - Rectitude Holdings Ltd. has made significant progress with its All-in-One Intelligence Micro-Grid System (AIMS) since its introduction to the Southeast Asian market in November 2024, securing contracts and repeat orders across multiple countries [1][3] Company Developments - The company has generated approximately USD 1 million in revenue from its first batches of AIMS sales contracts in Thailand [4] - AIMS products have been delivered to customers in Singapore and Malaysia, expanding Rectitude's green energy offerings in Southeast Asia [4] - AIMS rental operations have commenced in Singapore, providing innovative battery energy storage systems to new customers [4] - Strategic partnerships have been established, including one with Nanjing Starship Intelligent Storage Technology Co. to support AIMS production and deployment [4] - A Memorandum of Understanding (MOU) has been signed with Agentis Intelligence Pte Ltd. to enhance sales of Rectitude's Super Sun Energy Storage System, leveraging Agentis's sales and distribution network [4] Industry Context - The green energy sector in Southeast Asia is experiencing rapid growth, driven by strong policy support, including the Singapore Green Plan 2030, which targets net-zero emissions by 2050 [2] - Energy demand in Southeast Asia is projected to grow by 41% by 2030, with renewable energy capacity expected to increase by 300-500% by 2035 [2] - The transition to cleaner energy solutions is creating a multi-billion-dollar opportunity for integrated energy storage and management solutions like AIMS [3]
Rectitude Reports Green-Energy Progress Ten Months After Launch of AIMS System