Primech Holdings (Nasdaq: PMEC) Secures HYTRON Purchase and Four-Year Maintenance Contract Valued at Over US$60,000 for Singapore Retail Mall
Globe Newswire•29/10/2026•08:45 ET
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Key Highlights
- ➤HYTRON contract exceeds US$60,000, including robot purchase and four years’ maintenance
- ➤Primech robotic segment reported approximately US$12,000 revenue for fiscal year ended March 31, 2026
- ➤Primech AI secured HYTRON deployment at a Singapore retail mall
- ➤Four-year maintenance agreement extends revenue relationship beyond initial equipment sale
Expert Statements
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“This HYTRON order represents a concrete step in translating our robotics capabilities into commercial business”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“The combination of a robot purchase and four years of maintenance gives us an opportunity to support the customer beyond the initial equipment supply and build a continuing service relationship.”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“Our priority is disciplined commercial execution: meeting customer requirements, supporting HYTRON’s operation and developing further commercial opportunities. We aim to grow our robotics business through equipment sales and associated services that complement Primech’s established facilities services operations.”
Who: Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC).
What: Secured a contract for the purchase of one HYTRON autonomous restroom-cleaning robot, together with four years of maintenance services.
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