SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), today announced the successful deployment of its state-of-the-art autonomous bathroom cleaning robot, HYTRON, at one of Singapore's premier lifestyle and shopping destinations. This deployment represents a significant milestone in the Company's mission to revolutionize facility services through advanced robotics and AI-driven technology. The HYTRON robot, powered by NVIDIA's Jetson Orin Super module, delivers exceptional performance in real-time AI processing, energy efficiency, and intelligent decision-making capabilities within a c

SINGAPORE, May 15, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), participated in the Facilities Management Community of Practice (FM CoP) Session on Robotics co-organised by the Building and Construction Authority and JTC Corporation. The event at Temasek Polytechnic brought together industry leaders to explore innovative robotic solutions for the facilities management sector. Charles Ng, Co-Founder and Chief Operating Officer of Primech AI, delivered a presentation titled "Pioneering the Future of Robotics in Facilities Services," highlighting the Company's latest innovation, the HYTRON LITE bathr

SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited ("Primech" or the "Company") (NASDAQ:PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that it has received notice from the Nasdaq Stock Market ("Nasdaq") on May 13, 2025 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on The Nasdaq Capital Market.  Primech was previously notified by Nasdaq on May 14, 2024 that it was not in compliance with the minimum bid price rule because its ordinary share failed to meet

  SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), today announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China. The partnership will support the growing global demand for Primech AI's innovative HYTRON bathroom cleaning robots, with plans to roll out 300 robots in the initial production phase. The partnership establishes a comprehensive manufacturing framework with a well-established electronics manufacturer in Huizhou City of Guangdong Province, creating a robust production base to serve markets

SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the "Company") (NASDAQ:PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its Board of Directors has approved a Rule 10b-18 share repurchase program with authorization to purchase up to 20% of the Company's outstanding Ordinary Shares. The program is subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM). This program will be effective from the date when the shareholders' approval is obtained, up to the next Annual General Meeting (AGM) is held or required by law to be held (whichever is e

SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), today announced its strategic entry into the European market through a Memorandum of Understanding (MOU) with TCOrobotics GmbH, establishing a distribution framework for its innovative HYTRON, AI-powered autonomous bathroom cleaning robots across Germany, Austria, and Switzerland (DACH region). The two-year agreement positions Primech AI to capitalize on Europe's booming service robotics market, currently valued at over €10 billion annually and projected to reach €20-30 billion by 2030. With European service robot suppliers representin

SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), recently participated in the prestigious Global Innovation Summit (GIS) 2025 held at HANNOVER MESSE in Hannover, Germany on April 1-2, 2025. The Company was invited by Enterprise Singapore to join a select group of innovative Singaporean companies representing the nation's technological capabilities on the global stage. Picture 1: Charles Ng, Chief Operating Officer of Primech Ai presenting at the Global Innovation Summit The Global Innovation Summit, one of the world's premier platforms for industrial technology innovation, prov

(Joshua Quek and Edmund Tan, Operations Managers of Primech A & P) SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the "Company") (NASDAQ:PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced its strategic transformation initiatives that are revolutionizing the industry through cutting-edge innovation, operational excellence, and sustainable growth strategies. "We're not just adapting to the future of facility services—we're actively creating it," said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. "Through our comprehensive integration of AI, robotics, an

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the "Company") (NASDAQ:PMEC), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, provides a financial and corporate update coincident with the filing of the Company's financial results for the six months ended September 30, 2024. Financial Highlights: Revenue was approximately $36.9 million for the six months ended September 30, 2024, representing a 5.1% increase from the same period in 2023; Gross Profit Margin increased from 16.4% for the six months ended September 30, 2023, to 22.5% for the six months ended September 30, 2024; Sales and

SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), today announced the launch of its latest innovation, the Hytron Lite autonomous bathroom cleaning robot. This compact version of the successful Hytron robot is specifically engineered for smaller spaces while maintaining the advanced technological capabilities of its predecessor. The new Hytron Lite, featuring the powerful NVIDIA Jetson Orin Nano Super System-on-Module (SoM), represents a significant advancement in Primech AI's mission to revolutionize the cleaning industry. At 30% smaller than the original Hytron, this compact model

6-K - Primech Holdings Ltd (0001891944) (Filer)

6-K - Primech Holdings Ltd (0001891944) (Filer)

6-K - Primech Holdings Ltd (0001891944) (Filer)

6-K - Primech Holdings Ltd (0001891944) (Filer)

6-K - Primech Holdings Ltd (0001891944) (Filer)

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6-K - Primech Holdings Ltd (0001891944) (Filer)

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SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the "Company"), a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), recently participated in the prestigious Global Innovation Summit (GIS) 2025 held at HANNOVER MESSE in Hannover, Germany on April 1-2, 2025. The Company was invited by Enterprise Singapore to join a select group of innovative Singaporean companies representing the nation's technological capabilities on the global stage. Picture 1: Charles Ng, Chief Operating Officer of Primech Ai presenting at the Global Innovation Summit The Global Innovation Summit, one of the world's premier platforms for industrial technology innovation, prov

SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (NASDAQ:PMEC), unveiled its strategic expansion plans for HYTRON, its AI-powered public toilet cleaning robot. As the global cleaning market is projected to reach approximately $74 billion by 2025, Primech AI is poised to capture a significant market share with its innovative solutions. "Our vision at Primech AI is to revolutionize how we think about and manage cleaning in public spaces globally," said Charles Ng, Vice President of Innovation and Technology at Primech Holdings and Co-Founder COO of Primech AI. "With the launch of HYTRON, we are introducing a pioneering product that

SINGAPORE, July 24, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (NASDAQ:PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces its financial results for fiscal year ended March 31, 2024. Mr. Kin Wai Ho, Chief Executive Officer of Primech, commented, "Primech is pleased to report strong financial results in our first year as a public company, with increased revenues for fiscal year 2024. Our future looks very promising; we have amassed $144.4 million in future contracted revenues, demonstrating the continued demand for our services, and our recently announced Pr