Primech Holdings (Nasdaq: PMEC) Signs U.S. Production MOU with Sunnytech for HYTRON Autonomous Restroom-Cleaning Robot
Globe Newswire•21/10/2026•08:45 ET
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Key Highlights
- ➤Primech AI signs non-binding U.S. production MOU with Sunnytech for HYTRON
- ➤Sunnytech may handle HYTRON assembly, testing, quality assurance and certification support
- ➤No production volumes, prices or commercial terms committed under the MOU
- ➤U.S. production timing and scale remain undetermined pending definitive agreement
- ➤Ken Ho says United States remains key to Primech’s long-term growth strategy
Expert Statements
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“As we expand HYTRON's presence internationally, the United States remains a key market in our long-term growth strategy”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“Through our MOU with Sunnytech, we are exploring opportunities to support HYTRON's production and commercialisation in the U.S.”
Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited
“This reflects our continued commitment to developing a scalable robotics business and creating long-term value for our shareholders.”
Who: Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), and Sunnytech, an electronics contract manufacturer based in San Jose, California.
What: Signed a non-binding Memorandum of Understanding (MOU) to explore U.S.-based production and assembly of HYTRON, Primech AI's autonomous restroom-cleaning robot, together with quality assurance, product testing and certification support for the U.S. market.
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