LinkedIn
WebsiteIntroduction to FLUX POWER HOLDINGS INC
FLUX POWER HOLDINGS INC (Ticker: FLUX) is a publicly traded company on the NASDAQ exchange (NAS) that designs, manufactures, and sells advanced lithium-ion energy storage solutions. Headquartered in Vista, California, the company serves industrial and commercial sectors such as material handling, airport ground support equipment (GSE), and stationary energy storage. As of September 16, 2025, FLUX shares closed at USD 2.5950, reflecting a 25.36% increase on trading volume of 1,241,158 shares.
| Ticker | Exchange | Price (USD) | Change | Volume |
|---|---|---|---|---|
| FLUX | NAS | 2.5950 | +25.36% | 1,241,158 |
Corporate Structure and Experience
Founded in 2009, FLUX POWER employs between 51 and 200 staff members, according to its LinkedIn profile. The leadership team possesses extensive experience in renewable energy and technology transformation. Chief Executive Officer Krishna Vanka has over 18 years of experience in scaling technology companies in renewable energy and electric vehicle charging. The board of directors includes individuals such as Dale T. Robinette (lead independent director since 2021) and Mark Leposky (appointed April 18, 2024), both of whom have backgrounds in executive coaching, supply chain leadership, and strategic growth consulting.
Lithium-ion batteries by Claudio Schwarz
Developments and News
• Product Deployments: The company reports that over 20,000 lithium-ion battery packs have been deployed across forklifts, pallet jacks, and GSE, transitioning from lead-acid and propane systems to reduce downtime and carbon emissions.
• Industry Exhibitions: At the International GSE Expo 2025 in Las Vegas, FLUX POWER presented its battery management and telematics solutions for airport ground equipment.
• Private Placement: In 2025, the company raised USD 5 million in a private placement intended to support product development and enhance market reach.
• Customer Partnerships: FLUX POWER batteries have been utilized by Delta Airlines at its Salt Lake City and Boston hubs, contributing to the airline’s goal of achieving net-zero operations on the ground.
Financial and Strategic Analysis
FLUX POWER’s proprietary battery management system (BMS) and embedded telemetry aim to deliver a lower total cost of ownership and increased operational efficiency compared to traditional lead-acid systems. The BMS supports opportunity charging and real-time monitoring, which customers indicate results in extended equipment life and reduced maintenance requirements. The USD 5 million from the private placement is intended for strategic initiatives, including expanded manufacturing capacity and software enhancements for the BMS platform. Additionally, FLUX POWER is facing a class action lawsuit regarding alleged overstated inventory and assets in filings from November 10, 2022, which may necessitate financial restatements and impact internal control disclosures.
Market Position and Industry Context
Global demand for lithium-ion energy storage in material handling and airport GSE continues to increase amid sustainability and ESG reporting requirements. FLUX POWER competes with established lead-acid and propane battery suppliers by promoting lower emissions, reduced downtime, and enhanced customer training. The company’s focus on providing custom data insights and ongoing service aims to differentiate its offerings in a fragmented market. Collaborations with major airlines and equipment operators highlight its role in the electrification of industrial fleets.
TL;DR
On September 16, 2025, FLUX POWER shares increased by 25.36% to USD 2.5950 on significant trading volume. In 2025, the company secured USD 5 million through private placement to support product development and market expansion. Deployments have surpassed 20,000 battery packs in material handling and GSE, with Delta Airlines utilizing FLUX technology at key hubs. A class action lawsuit concerning alleged accounting misstatements since November 2022 remains pending and could lead to financial restatements. Looking ahead, FLUX POWER aims to expand its proprietary BMS and telematics platform in response to rising demand for sustainable industrial energy solutions.
