SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

StarkNet is a permissionless decentralized Layer 2 (L2) validity rollup, built to allow Ethereum to scale via cryptographic protocols called STARKs, without compromising Ethereum’s core principles of decentralization, transparency, inclusivity and security. The StarkNet Token is needed to operate the ecosystem, maintain and secure it, decide on its values and strategic goals, and direct its evolution. This token will be required for (i) governance, (ii) payment of transaction fees on StarkNet, and (iii) participation in StarkNet’s consensus mechanism.

Starknet

STRK is drawing attention around Starknets Bitcoin DeFi and privacy push, including strkBTC and STRK20, alongside its post-quantum security narrative. Traders are pairing those themes with recent price and volume strength, while some remain cautious about token unlocks and volatility.

TOSHI

TOSHI is drawing attention around hopes for a recovery and a breakout from a prolonged trading range, with traders pointing to rising volume and repeated resistance tests. Bulls anticipate a short squeeze, while skeptics cite weak price action and warn that the token could keep falling; no specific catalyst is established.

C3.ai, Inc. engages in the provision of enterprise artificial intelligence software for digital transformation. It delivers the C3 AI suite for developing, deploying, and operating large-scale AI, predictive analytics, and Internet of Things applications in addition to a portfolio of turn-key AI applications. It operates through the following geographical segments: North America, Europe, The Middle East, and Africa, Asia Pacific, and Rest of World. The company was founded by Thomas M. Siebel, Patricia A. House and Stephen Maurice Ward, Jr. on January 8, 2009 and is headquartered in Redwood City, CA.

C3.ai Inc - Ordinary Shares - Class A

C3.ai Inc

C3.ai is drawing attention for a rising share price and a potential technical breakout, with traders watching resistance and speculating that high short interest could amplify the move. Some also mention buyout rumors, but those remain unconfirmed; others question whether the rally is supported by the companys fundamentals.

Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2.

Aerodrome Finance

AERO is drawing attention amid a rebound and anticipation of the AerodromeVelodrome merger and broader multi-chain rollout, which traders see as an expansion beyond Base with potential to increase liquidity and fee activity. Sentiment is largely bullish, though some traders question whether the move can hold and worry about a pullback or sell-the-news reaction.

NEAR Protocol is the blockchain for AI. A high-performance, AI-native platform built to power the next generation of decentralized applications and intelligent agents. It provides the infrastructure AI needs to transact, operate, and interact across Web2 and Web3. NEAR combines three core elements: User-Owned AI, which ensures agents act in users’ best interests; Intents and Chain Abstraction, which eliminate blockchain complexity for seamless, goal-driven transactions across chains; and a sharded blockchain architecture that delivers the scalability, speed, and low-cost execution needed for real-world AI and Web3 use. This integrated stack makes NEAR the foundation for building secure, user-owned, AI-native applications at internet scale.

Near

NEARs privacy-enabled perpetuals launch with Hyperliquid is a prominent catalyst, with traders linking it to the tokens sharp rally. The discussion is broadly bullish on NEARs AI-agent and cross-chain infrastructure, though some traders warn of a pullback after the rapid gains.

Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.

Hormel Foods Corp.

Hormels reduced fiscal 2026 sales outlook amid falling retail revenue and volumes is weighing on shares near their lows. Traders are divided between buying the depressed, dividend-paying stock and criticizing the Brakebush acquisition, arguing buybacks or stronger execution may be a better use of cash.

OpenAI

Reports that OpenAI confidentially filed for an IPO, alongside Sam Altmans indication that a public listing could come within roughly a year, are driving attention. Traders debate the potential listings timing and valuation, with skeptics citing heavy spending and intensifying competition while others anticipate strong investor demand.

TELUS Corp. is a telecommunications company, which engages in the provision of telecommunication services and products primarily for wireless and wireline voice and data. It operates through TELUS Technology Solutions (TTech) and Digitally-led Customer Experiences–TELUS International (DLCX) segments. The TTech segment includes network revenues and equipment sales arising from mobile technologies, data revenues, healthcare software and technology solutions, voice and other telecommunications services revenues, and equipment sales. The DLCX segment is composed of digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions, provided by TELUS International. The company was founded on October 4, 1990 and is headquartered in Vancouver, Canada.

Telus Corp.

TELUS is drawing attention after a steep selloff tied to weak results, heavy debt concerns and a roughly 55% dividend cut intended to support deleveraging. Bearish traders question managements outlook and AI spending plans, while some investors argue the cut may strengthen the balance sheet and see the beaten-down shares as a potential value opportunity.

Keeta is a high-performance layer-1 blockchain designed to unify transactions across different blockchains and fiat payment systems, eliminating the need for costly intermediaries, reducing fees, and enabling near-instant settlements. With 400-millisecond transaction finality and the ability to process 10 million transactions per second, Keeta sets a new industry benchmark for speed and scalability.  Founded in 2022 and backed by Eric Schmidt, the former CEO of Google, Keeta has been engineered to meet the stringent regulatory and operational requirements of financial institutions. Its advanced on-chain compliance protocols, including KYC and AML, ensure security and regulatory adherence. Keeta’s architecture natively supports asset tokenization and digital identity, making it an ideal platform for stablecoins and real-world asset transfers.  By facilitating cross-chain transactions and interoperability with existing payment systems, Keeta bridges the gap between cryptocurrencies and fiat, enabling a secure, efficient, and compliant global financial ecosystem.

Keeta

Keeta Personals launch and rollout of fiat-payment features, including ACH access and Visa Direct/Bivo Cash integrations, have drawn attention to KTA. Bulls view the releases as a step toward real-world adoption, while skeptics say the price response and limited demonstrated network usage leave execution unproven.

T-Mobile US, Inc. engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.

T-Mobile US Inc

SpaceXs spectrum acquisition and Starlink Mobile ambitions have driven a sharp selloff in T-Mobile and other wireless carriers, as traders weigh the prospect of a new competitor. The community is divided between viewing SpaceX as a long-term threat to carrier growth and calling the reaction an overreaction given the infrastructure and capacity needed to rival established networks.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Dogecoin

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Primech Holdings (Nasdaq: PMEC) Subsidiary Earns 2026 LowCarbonSG Gold Leader Recognition Following 17.5% Year-on-Year Reduction in Scope 1 and 2 Emissions

Primech A & P Achieves Highest Recognition Tier Following Measurable Reductions in Absolute Emissions and Emissions Intensity

  
Key Facts At-a-Glance
  
Who: Primech A & P Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), based in Singapore.
What: Attained the 2026 LowCarbonSG Gold Leader recognition, the highest of the programme’s three tiers, awarded for year-on-year reductions of at least 5% in both absolute Scope 1 and 2 emissions and emissions intensity by revenue.
When: Recognition awarded in 2026, based on emissions recorded from April 2025 to March 2026, compared with April 2024 to March 2025.
Where: Singapore. LowCarbonSG is led by CPLC Singapore, the decarbonisation arm of the UN Global Compact Network Singapore, with support from the National Environment Agency and Enterprise Singapore.
Why it matters: Recognises Primech A & P’s measurable progress in reducing operational carbon emissions and reflects its continued commitment to adopting more sustainable practices across its facility services operations.
How much: Combined Scope 1 and 2 emissions decreased by approximately 17.5%; Scope 1 emissions decreased by 31.7%, while Scope 2 emissions decreased by 8.8%.
  
SINGAPORE, Oct.  08, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a leading technology-driven facility services provider serving public and private sectors across Singapore, today announced that its subsidiary, Primech A & P Pte. Ltd. (“Primech A & P”), has attained the 2026 LowCarbonSG Gold Leader recognition, the highest of the programme’s three recognition tiers, following an approximately 17.5% year-on-year reduction in combined Scope 1 and Scope 2 greenhouse gas emissions.
  
LowCarbonSG is a capability-building programme led by the decarbonisation arm of the UN Global Compact Network Singapore (“UNGCNS”), with support from the National Environment Agency (“NEA”) and Enterprise Singapore. The programme supports Singapore companies in measuring, tracking and recording their carbon footprint as part of their decarbonisation efforts.
  
Achieving 2026 LowCarbonSG Gold Leader Recognition
  
The 2026 LowCarbonSG Gold Leader recognition is awarded to participating companies that have made a second or subsequent carbon emissions submission and achieved a year-on-year reduction of at least 5% in both:
  
Absolute Scope 1 and Scope 2 greenhouse gas emissions; and
Scope 1 and Scope 2 emissions intensity by revenue.
  
Based on data submitted through the Carbon & Emissions Recording Tool (“CERT”), Primech A & P’s combined Scope 1 and Scope 2 emissions decreased from approximately 115,006 kg CO₂e for the period from April 2024 to March 2025 to approximately 94,885 kg CO₂e for the period from April 2025 to March 2026. This represents a year-on-year reduction of approximately 17.5%.
  
Primech A & P also achieved the required year-on-year reduction in Scope 1 and Scope 2 emissions intensity by revenue, meeting the criteria for the 2026 LowCarbonSG Gold Leader recognition.
  
Advancing Primech’s Sustainability Strategy
  
The recognition reflects Primech A & P’s continued efforts to integrate environmental responsibility into its operations while expanding its facility services business.
  
Primech is progressively adopting more sustainable operating practices, including the transition from diesel-powered operational vehicles to electric vehicles, the use of rooftop solar panels and efforts to improve energy and resource efficiency across its operations. The Group also continues to incorporate smart-cleaning technologies and robotics into its service delivery to support greater operational efficiency.
  
Primech A & P will continue measuring and monitoring its carbon footprint through the LowCarbonSG programme and identifying practical opportunities to reduce emissions across its business operations.
  
Management Commentary
  
“Attaining the 2026 LowCarbonSG Gold Leader recognition represents an important milestone in our sustainability journey and reflects the measurable progress we have made in reducing our operational carbon emissions,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited.
  
“As we continue to grow our facility services business, we remain focused on improving efficiency and incorporating more sustainable practices into our day-to-day operations. This recognition reflects the progress we have made in managing our operational carbon footprint. We will continue to strengthen our carbon-management capabilities and explore technology-driven solutions that support more sustainable facility operations.”
  
About Primech Holdings Limited
  
Primech Holdings Limited (Nasdaq: PMEC) is a Singapore-headquartered, technology-driven facilities services and AI robotics group with operations in Singapore and Hong Kong. Through its subsidiaries, the Group provides cleaning, facilities maintenance, stewarding, waste management and pest control services to public and private sector clients.
  
Through its subsidiary Primech AI, the Group develops HYTRON, an autonomous restroom-cleaning robot that combines AI perception with robotic manipulation. The Group also operates HomeHelpy, a digital home-services booking platform serving the consumer market.
  
Primech Holdings was incorporated in 2020 and listed on the Nasdaq Capital Market in October 2023. For more information, visit investor.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements regarding the Company’s sustainability initiatives, efforts to improve operational efficiency and resource efficiency, adoption of technology-driven solutions, and future business strategies, growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2026, filed with the SEC on July 29, 2026, and its other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com
  
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3b61b58-fcd7-4f7f-a2eb-9efd43217018

12 Industrials Stocks Moving In Monday's Intraday Session

Gainers

Primech Holdings (NASDAQ:PMEC) shares increased by 27.7% to $0.64 during Monday's regular session. The market value of their outstanding shares is at $19.2 million.
RXO (NYSE:RXO) stock increased by 21.68%read more...

Primech Holdings (Nasdaq: PMEC) Unveils Primech Vision, Integrating a Multi-Robot Facility Fleet and Workforce on One Platform; Live Customer Demonstrations Begin October 2026

Delivery, reception and cleaning robots join HYTRON under Primech Vision, Primech’s integrated platform connecting robots, workforce and facility operations
Key Facts At-a-Glance
  
Who: Primech Holdings Limited (Nasdaq: PMEC), Singapore.
  
What: Unveils Primech Vision, a centralized platform that converts facility issues into tasks, assigns them to robots or facility personnel and tracks completion, and integrates delivery, reception and cleaning robots with HYTRON, Primech’s proprietary autonomous restroom-cleaning robot.
  
When: Pilot currently operating at Primech’s Singapore headquarters; live customer demonstrations are planned to begin in October 2026.
  
Where: Primech’s Singapore headquarters, where the Company plans to host visiting customers from Asia, Europe and the United States.
  
Why it matters: Primech Vision brings multiple robotic functions and facility personnel together within a common platform, moving Primech’s robotics offering beyond a single-task robot toward an integrated platform model.
  

  
Primech Holdings’ multi-robot facility fleet, featuring HYTRON alongside delivery, reception and cleaning robots at the Company’s Singapore headquarters. Image: Primech Holdings Limited.
  
SINGAPORE, Oct.  01, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a technology-driven facilities services and AI robotics group, today unveiled Primech Vision, its centralized platform for coordinating robots and facility personnel, and announced the expansion of its robotics strategy beyond its proprietary HYTRON autonomous restroom-cleaning robot to a broader multi-robot fleet for the facilities management industry.
  
Primech Vision Platform
  
The expanded fleet includes delivery, reception and cleaning robots operating alongside HYTRON at the Company’s Singapore headquarters. Primech is integrating these robots with Primech Vision, its centralized platform that connects robots, the workforce and facility monitoring systems within a unified operating environment.
  
Primech Vision coordinates the identification, assignment, execution and verification of facility tasks. Through the platform, operational issues identified by robots, cameras or facility personnel can be converted into tasks and assigned to either robotic systems or human team members. Task progress and completion are then monitored through a centralized interface, giving facility managers a single view of task status and completion across a site.
  
By bringing multiple robotic functions together within a common platform, Primech aims to enable robots and facility personnel to operate as part of an integrated workforce rather than as standalone systems.
  
Pilot Program and Customer Demonstrations
  
The Company is initially piloting the integrated fleet at its Singapore headquarters, drawing on its facilities management operating experience to evaluate robot deployment, workflow integration and human-robot collaboration in a live operating environment.
  
Primech plans to begin hosting live demonstrations for visiting customers from Asia, Europe and the United States at its Singapore headquarters in October 2026.
  
Management Commentary
  
“Facilities management is our core business, and that gives us a practical understanding of where robotics can create meaningful operational value,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited. “HYTRON was developed from our experience addressing real operational challenges in the facilities management industry. We are now taking the next step by bringing different types of robots together with our workforce through a common platform.”
  
“Our vision is not simply to deploy more robots, but to create an integrated operating environment where people and robots can work together effectively. By piloting this model within our own operations first, we can refine the technology and workflows before introducing them more broadly to our customers.”
  
About Primech Holdings Limited
  
Primech Holdings Limited (Nasdaq: PMEC) is a Singapore-headquartered, technology-driven facilities services and AI robotics group with operations in Singapore and Hong Kong. Through its subsidiaries, the Group provides cleaning, facilities maintenance, stewarding, waste management and pest control services to public and private sector clients.
  
Through its subsidiary Primech AI, the Group develops HYTRON, an autonomous restroom-cleaning robot that combines AI perception with robotic manipulation. The Group also operates HomeHelpy, a digital home-services booking platform serving the consumer market. Primech Holdings was incorporated in 2020 and listed on the Nasdaq Capital Market in October 2023. For more information, visit investor.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements regarding the Company’s development, integration, testing and deployment of robotic solutions and the Primech Vision platform, the timing, scope and results of pilot programs and customer demonstrations, adoption of technology-driven solutions, human-robot collaboration, and future business strategies, growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2026, filed with the SEC on July 29, 2026, and its other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com
  
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45c05876-232d-4ff2-88b8-8179bd20f0f0

Primech Holdings (Nasdaq: PMEC) Wins US$5.78 Million Three-Year Integrated Facility Services Contract

Multi-Service Award with a Financial Services Group in Asia Expands Primech’s Integrated Facility Services Portfolio
SINGAPORE, Sept.  17, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a leading technology-driven facility services provider serving public and private sectors across Singapore, today announced that its subsidiary, Primech A & P Pte. Ltd. (“Primech A & P”), has secured a three-year integrated facility services contract with a financial services group in Asia, valued at approximately S$7.36 million (US$5.78 million).
  
Contract Details
  
Under the contract, Primech A & P will provide office cleaning, pest control and waste management services, bringing multiple essential facility requirements under an integrated service delivery model. Services under the contract are expected to commence in the second half of 2026.
  
The award demonstrates Primech A & P’s ability to deliver multi-service facility solutions for large-scale corporate environments and further expands the Company’s presence in the financial services sector.
  
The contract value is an estimate based on agreed scope and indicative service volumes, and actual revenue may vary based on usage and scope adjustments.
  
Advancing Primech’s Integrated Facility Services Model
  
The contract reflects Primech A & P’s continued expansion of its core cleaning capabilities through a broader integrated facility services model.
  
By combining office cleaning, pest control and waste management within a single engagement, Primech A & P will coordinate complementary facility services to support the day-to-day operational requirements of the client’s corporate environment.
  
The multi-service scope builds on Primech A & P’s established cleaning operations while broadening the range of facility services delivered to its customers. This approach enables the Company to address a wider range of operational requirements and deepen its engagement with major commercial and institutional customers.
  
The award also adds to Primech’s portfolio of multi-year contracts, providing recurring business visibility while supporting the Company’s continued expansion across key commercial sectors.
  
Management Commentary
  
“This contract represents an important addition to our commercial portfolio and demonstrates the breadth of services Primech A & P can deliver within a single engagement,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited.
  
“As customers increasingly look for reliable partners that can support multiple aspects of their facility operations, we see opportunities to build on our core cleaning capabilities by delivering a broader range of integrated services. This contract brings together office cleaning, pest control and waste management, demonstrating how we can support more of our customers’ facility requirements through a coordinated service model.”
  
About Primech Holdings Limited
  
Primech Holdings Limited (Nasdaq: PMEC) is a Singapore-headquartered, technology-driven facilities services and AI robotics group with operations in Singapore and Hong Kong. Through its subsidiaries, the Group provides cleaning, facilities maintenance, stewarding, waste management and pest control services to public and private sector clients.
  
Through its subsidiary Primech AI, the Group develops HYTRON, an autonomous restroom-cleaning robot that combines AI perception with robotic manipulation. HYTRON has been commercially deployed in Singapore, with international expansion underway, including a distribution agreement in South Korea and market-entry activities in the United States. The Group also operates HomeHelpy, a digital home-services booking platform serving the consumer market.
  
Primech Holdings was incorporated in 2020 and listed on the Nasdaq Capital Market in October 2023. For more information, visit investor.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about the value, duration, scope, and revenue recognition of the contract described in this announcement, and about anticipated revenues, growth, and expansion. Contract values are estimates based on agreed scope, pricing, and expected service volumes. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2026, filed with the SEC on July 29, 2026, and its other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com

Primech Holdings Secures Approximately US$2.67 Million in New Hospitality and Residential Facility Services Contracts

Six New Contracts Spanning Luxury Hotels, Serviced Apartments, and Premium Condominiums Extend Primech's Footprint Across Singapore's Private Sector Property Market
SINGAPORE, June  25, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), a leading technology-driven facility services provider serving public and private sectors across Singapore, today announced that its subsidiary, Primech A & P Pte. Ltd., has been awarded six new facility services contracts valued at approximately S$3.46 million (US$2.67 million) in aggregate, with contract terms ranging from one to three years.
  
The awards span Singapore's premium hospitality and residential property segments, comprising a landmark luxury hotel, a serviced apartment property and four residential condominium developments located across multiple districts in Singapore. Together, the contracts reinforce Primech's growing presence in Singapore's high-standard private property market.
  
Deepening Primech's Hospitality and Residential Portfolio
  
The six newly awarded contracts represent a broad cross-section of Singapore's private property landscape and further strengthen Primech's presence across the hospitality and residential sectors. Among the awards is a two-year engagement covering public area cleaning at a luxury hotel, where maintaining exceptional presentation standards across lobbies, event spaces and shared amenity areas is integral to the guest experience.
  
Complementing this flagship engagement, Primech has secured a cleaning services contract at a serviced apartment property, as well as four residential condominium developments located across multiple districts in Singapore. Together, these appointments reflect the Company's ability to support diverse property types that demand consistent service quality, operational reliability and attention to detail.
  
Strengthening Private Sector Positioning
  
At approximately US$2.67 million in aggregate, this batch of awards underscores the breadth of Primech's operational capabilities across Singapore's hospitality and residential property sectors. Hotels and premium condominiums require facility service providers to maintain exacting standards with minimal disruption to residents and guests, a capability that Primech has built through years of deployment across complex, high-footfall properties.
  
The mix of contract durations, from one to three years, provides layered near-term revenue visibility, while the geographic spread across central and suburban Singapore reflects the Company's ability to deploy and manage cleaning operations efficiently across the island.
  
Management Commentary
  
"These contract wins reflect sustained demand for professional, high-standard facility services across Singapore's hospitality and residential property sectors," said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. "Hotels and premium condominiums operate in environments where cleanliness and presentation are directly tied to guest and resident satisfaction, and our track record in delivering consistent quality at scale continues to position us as the partner of choice for property operators across these segments."
  
"We remain focused on operational excellence and disciplined growth as we continue to build a diversified, resilient contract base that serves both the public and private sectors of Singapore's property market.”
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facility services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. For more information, visit www.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com

Primech Holdings Secures Approximately US$36.1 Million in New Social Services and Public Sector Integrated Facility Services Contracts

Five-Year Education Sector Engagement and Social Services Contract Deepen Primech’s Role in Singapore’s Public Infrastructure
SINGAPORE, June  18, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a leading technology-driven facility services provider serving public and private sectors across Singapore, today announced that its subsidiary, Primech A & P Pte. Ltd., has been awarded two new facility services contracts valued at a combined S$46.2 million (US$36.1 million), with terms extending up to five years.
  
The awards mark Primech’s deepest push yet into mission-critical public infrastructure: a flagship five-year engagement covering a major public-sector education portfolio, and a parallel contract with a social service organization supporting individuals with diverse needs.
  
Anchoring Primech in Education and Social Care Infrastructure
  
Where Primech’s prior wins centered on corporate campuses and commercial districts, this announcement marks a deliberate pivot toward sectors defined by continuity of care and public accountability rather than tenant turnover.
  
The headline award is a five-year integrated facility services contract spanning multiple educational facilities, covering everything required to keep campuses clean, safe, and fully operational throughout the school calendar. Its companion contract puts Primech inside Singapore’s social service network, supporting a provider focused on individuals with diverse needs — a segment where service consistency carries weight well beyond typical commercial cleaning standards.
  
A Step Change in Contract Duration and Scale
  
At US$36.1 million combined, this ranks among Primech’s largest contract disclosures to date, and represents approximately four times the value of the commercial and tenancy contracts it disclosed just days earlier. The five-year term on the education contract is also notably longer than the one-to-three-year range typical of Primech’s recent commercial wins, locking in revenue visibility into 2031 and giving the Company a longer runway for workforce and resource planning.
  
Building on a Public-Sector and Community Track Record
  
“These awards represent more than new business wins — they reflect the continued evolution of Primech as a trusted facility services partner for large-scale and essential operating environments,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. “The five-year public-sector engagement is particularly significant as it enhances the visibility of our future revenue stream while demonstrating our ability to secure and execute larger, longer-duration opportunities. Together with our growing presence in the community services sector, these contracts further strengthen the quality and resilience of our business.”
  
“As demand for integrated facility services continues to grow, we remain focused on disciplined execution, operational excellence, and building long-term customer relationships that support sustainable growth and shareholder value creation.”
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facility services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. For more information, visit www.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com

Primech Holdings Secures Approximately US$8.8 Million in New Commercial, Institutional and Tenancy Facilities Services Contracts

Multiple New Contract Wins Expand Revenue Visibility and Strengthen Primech's Position Across Singapore's Commercial and Institutional Sectors
SINGAPORE, June  11, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), a leading technology-driven facilities services provider serving both public and private sectors across Singapore, today announced that its subsidiaries, Primech A & P Pte. Ltd. and Maint-Kleen Pte. Ltd., have collectively secured four significant facilities services contracts with a combined value of approximately S$11.9 million (US$8.8 million). The contracts carry service periods ranging from approximately one year to three years and are expected to contribute recurring revenue over their respective contract terms.
  
The newly awarded contracts span premium corporate headquarters, next-generation digital business districts, major institutional facilities, and multinational industrial campuses, further strengthening Primech's presence across some of Singapore's most prestigious commercial and tenancy environments.
  
The contract awards encompass comprehensive cleaning, integrated facilities support, waste management, and pest control services, providing Primech with a stronger recurring revenue base and long-term business visibility.
  
Expanding Presence Across High-Profile Commercial and Institutional Assets
  
The newly secured engagements include:
  
A facilities services contract for a leading fashion and lifestyle company.
An integrated cleaning, waste management, and pest control contract supporting a flagship smart-city digital business district.
A long-term facilities services engagement for one of Singapore's largest institutional and community-focused developments.
A facilities services contract for the Singapore operations of a global industrial technology and energy management leader.
  
Collectively, these awards further diversify Primech's customer portfolio while demonstrating the Company's ability to secure contracts across multiple sectors, including commercial offices, mixed-use developments, institutional facilities, and advanced industrial campuses.
  
Demonstrating Continued Customer Confidence and Operational Excellence
  
The contract awards reflect growing demand for high-quality, technology-enabled facilities management solutions and underscore Primech's reputation as a trusted partner capable of delivering consistent service standards across complex operating environments.
  
Management believes that securing multiple contracts across diverse asset classes highlights the Company's operational capabilities, workforce management expertise, and ability to execute at scale while maintaining service quality and customer satisfaction.
  
These wins are expected to contribute meaningful recurring revenue while strengthening Primech's long-term customer relationships and market position within Singapore's facilities services industry.
  
Supporting Long-Term Growth and Revenue Visibility
  
Primech continues to execute its strategy of expanding its presence within premium commercial, institutional, and infrastructure-related facilities while leveraging technology-driven solutions to improve operational efficiency and service delivery.
  
The combined contract value of approximately S$11.9 million (US$8.8 million) provides increased revenue visibility through 2029 and supports the Company's objective of generating sustainable long-term growth through recurring service engagements.
  
Management believes that demand for professional facilities services will continue to be supported by rising expectations for workplace quality, operational resilience, sustainability initiatives, and asset maintenance standards across Singapore's commercial real estate sector.
  
"The successful award of these major commercial, institutional and tenancy contracts represents another important milestone for Primech and reflects the confidence that customers place in our service quality, operational capabilities, and technology-driven approach," said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings.
  
"These contract wins strengthen our recurring revenue base, expand our presence across several strategically important sectors, and further strengthen our position within Singapore's integrated facilities services industry. We remain focused on delivering operational excellence while creating sustainable long-term value for our customers and shareholders."
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. For more information, visit www.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
  
Investor Relations
  
Primech Holdings Limited
  
ir@primechholdings.com
  
www.primechholdings.com

Primech AI Signs Three-Year Hytron Leasing Deal for High-Traffic Singapore Public Sector Site

Hytron — the autonomous restroom cleaning robot — moves from showcase to live commercial deployment, generating recurring monthly revenue from launch
KEY FACTS AT A GLANCE
 
WHOPrimech Holdings Limited (Nasdaq: PMEC), through its robotics subsidiary Primech AI Pte. Ltd.
WHATThree-year leasing agreement for one Hytron autonomous restroom cleaning robot
WHENDeployment commencing no later than 31 May 2026
WHEREHigh-traffic public sector facility in Singapore
WHY IT MATTERSFirst multi-year recurring revenue contract for Hytron in active public sector deployment; establishes Singapore reference site to anchor international expansion
 

  
SINGAPORE, May  15, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech”), through its subsidiary Primech AI Pte. Ltd. (“Primech AI” or the “Company”), today announced that it has signed a three-year leasing agreement to deploy its Hytron autonomous restroom cleaning robot at a high-traffic public sector facility in Singapore.
  
The agreement marks Hytron’s transition from product showcase to live, revenue-generating commercial deployment, and establishes a recurring monthly revenue stream for Primech AI commencing no later than 31 May 2026.
  
Hytron in Action: One Robot, Every Restroom Surface
  
Inside Singapore’s busiest public-facing buildings, restrooms are cleaned and re-cleaned dozens of times a day. Hytron is built to handle that work end-to-end — autonomously.
  
Each Hytron unit independently cleans toilets, urinals, wash basins, sinks, floors and mirrors across multi-floor facilities. It navigates corridors, takes elevators between floors, self-charges, and refills and discharges water without human intervention. A dual-system cleaning architecture combines engineered brushes for precision contact scrubbing with electrolyzed water spray for contactless sanitization — adapting in real time to each fixture and surface.
  
Hytron has demonstrated greater than 99% bacterial disinfection efficacy in certified independent testing, holds endorsement from Singapore’s National Environment Agency (NEA) under the Environmental Services Productivity Solutions Grant, and was selected as a TechRadar Pro Picks standout at CES 2026 in Las Vegas.
  
Operators manage the deployed fleet through the Hytron Task Management App, with real-time monitoring, task-level performance tracking, alerts, and IoT and Building Management System integration.
  
Agreement Structure
  
The agreement provides for the lease of one Hytron unit, with a three-month onboarding phase upon delivery during which installation, setup and operator training are provided by Primech AI at no additional charge. This onboarding structure is designed to lower the adoption barrier for new enterprise clients and accelerate deployment readiness, before transitioning into the full multi-year lease.
  
A Recurring-Revenue Model Built for Scale
  
Primech AI offers Hytron under a multi-year leasing model rather than outright capital sale. The model is designed to lower the upfront cost barrier for facility operators while generating predictable, subscription-style monthly revenue for the Company:
  
Recurring monthly revenue — fixed monthly fee per deployed unit, independent of one-time sales cycles.
Full-service coverage — maintenance, quarterly preventive servicing, corrective repair within three business days, spare parts and technical support all included.
Scalable across sites — a single client relationship can grow organically as additional units are deployed across more facilities.
Asset ownership retained — Primech AI retains ownership of all deployed Hytron units throughout the lease term.
  
Why This Deployment Matters
  
Singapore is one of the most demanding facilities-management markets in the world — dense, public-facing, tightly regulated and labor-constrained. A successful Hytron deployment in a high-traffic Singapore public sector environment establishes the operational track record that international enterprise and government clients look for.
  
Primech AI intends to grow its deployed Hytron fleet through additional leasing agreements across Singapore and target international markets, including the United States, where the Company is actively pursuing enterprise partnerships and distribution agreements following its participation in the 2026 SelectUSA Investment Summit, as well as Europe and North Asia through its announced distribution arrangements. Manufacturing capacity is being scaled to support pipeline demand.
  
Management Commentary
  
“Hytron is one of the very few robots in the world purpose-built for the hardest hygiene environment in any building — the public restroom. Getting this right is much harder than it looks, and we were able to build Hytron precisely because Primech has spent decades running real cleaning operations ourselves. We know exactly what an operator needs.
  
This agreement converts Hytron from a product showcase into a live, revenue-generating deployment in one of the toughest facility environments in Singapore. It is the first of what we expect to be a growing fleet of Hytron units generating recurring monthly revenue for Primech AI — with additional agreements in active development across Singapore and our target international markets.”
  
— Ken Ho, Chairman and Chief Executive Officer, Primech Holdings Limited
  
What’s Next
  
Primech AI expects to announce additional Hytron leasing agreements and deployments across Singapore and target international markets in the coming quarters, as the Company executes its strategy to build a fleet-scale, recurring-revenue robotics business.
  
About Primech Holdings Limited
  
Primech Holdings Limited (Nasdaq: PMEC) is a Singapore-headquartered technology-driven integrated facilities services group. Its operating businesses trace their roots to 1988, with Primech Holdings Limited established as the consolidating entity. Primech provides general facility maintenance, specialized cleaning solutions, stewarding services, and targeted cleaning for offices and homes to public and private sector clients across Singapore. The Group is the parent company of Primech AI Pte. Ltd., developer of the Hytron autonomous restroom cleaning robot. For more information, visit www.primechholdings.com.
  
About Primech AI
  
Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited, is a robotics company developing autonomous, AI-powered solutions for commercial facility operations. Its flagship product, Hytron, is a fully autonomous AI-powered restroom cleaning robot engineered to enhance hygiene standards, reduce labor dependency and support sustainability initiatives across high-traffic environments including airports, healthcare facilities, hotels, transportation hubs, educational institutions and commercial real estate. For more information, visit www.primech.ai.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including statements about anticipated commercial deployments, recurring revenue generation, fleet growth, partnership development, manufacturing initiatives, and international market expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” or similar expressions. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Company’s control. Actual results may differ materially from those projected. The Company undertakes no obligation to update or revise publicly any forward-looking statements, except as may be required by law. For a discussion of risk factors, please refer to the Company’s filings with the U.S. Securities and Exchange Commission, available at www.sec.gov.
  
Contact
  
Investor Relations
  
ir@primechholdings.com

Primech Holdings Secures Approximately US$24.8 Million Four-Year Contract at a Major Asian Aviation Hub, Adding Significant Recurring Revenue Visibility

Award Reinforces Primech's Position as a Trusted Partner for Mission-Critical, High-Traffic Facility Environments While Strengthening Long-Term Revenue Predictability
SINGAPORE, May  07, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), an established technology-driven facility solutions service provider serving public and private sectors across Singapore, today announced that its wholly owned subsidiary, Primech A & P Pte. Ltd. (“Primech A & P”), has been awarded a four-year cleaning services contract with an estimated value of approximately US$24.8 million. The contract was awarded by one of Asia’s largest aviation hubs and covers routine and periodic cleaning services across multiple levels of a high-volume passenger terminal.
  
The award represents one of the most significant single-contract wins in Primech’s operating history and further extends the Company’s growing portfolio of multi-year institutional mandates in the transportation and infrastructure sector. Combined with the approximately US$33 million in multi-year university contracts announced in March 2026, Primech continues to execute on its strategy of securing large, structured service agreements that provide durable, predictable revenue over extended periods.
  
Strengthening Predictable, Long-Term Revenue
  
With an estimated aggregate contract value of approximately US$24.8 million over four years, this award delivers meaningful forward revenue visibility and meaningfully grows Primech’s recurring revenue base. Cleaning services contracts of this scale—spanning a continuous four-year term at one of Asia’s high-traffic operational environments—are characterized by high retention rates, structured service-level requirements, and stable cash flow generation.
  
Multi-year revenue certainty: A four-year term provides clear forward revenue visibility, materially reducing revenue concentration risk.
  
Institutional contract quality: Aviation and transportation mandates are among the most operationally rigorous in the facilities sector, reflecting Primech’s ability to meet the highest compliance and performance standards.
  
Stable cash flow generation: Recurring cleaning contracts underpin consistent operating cash flows independent of broader economic cycles.
  
Increased operating leverage: The contract scale allows the Company to deploy existing manpower infrastructure and digital management systems more efficiently, supporting margin durability over time.
  
High-Traffic, Mission-Critical Operating Environment
  
The contracted scope covers routine and periodic cleaning services across a multi-level passenger terminal at one of Asia’s largest aviation hubs. Aviation terminals represent among the most demanding facility environments in the world—operating 24 hours a day, seven days a week, subject to stringent hygiene, safety, and regulatory standards. The ability to consistently deliver high-quality cleaning outcomes in such settings requires a proven operational track record, a disciplined workforce management capability, and the deployment of technology-enabled monitoring and quality assurance systems.
  
Primech’s selection for this contract reflects the confidence the client has placed in the Company’s operational capabilities, service consistency, and technology-driven approach to large-scale facility services solutions. The Company intends to leverage its digitalized management infrastructure—including real-time performance dashboards, data-driven scheduling, and workflow automation to deliver measurable service outcomes throughout the contract term.
  
Institutional Momentum and Long-Term Strategic Positioning
  
This contract award adds to a growing portfolio of large, multi-year mandates that Primech has secured across Singapore’s institutional, public sector, and infrastructure segments. The Company’s strategy centers on winning and retaining long-duration contracts in operationally complex environments where technology integration and service quality create meaningful barriers to entry and competitive differentiation.
  
Management continues to focus on:
  
Expanding recurring, multi-year service contracts: Prioritizing structured long-term awards that provide revenue visibility and reduce earnings volatility.
  
Growing institutional market presence: Deepening penetration across Singapore’s transportation, healthcare, education, and public infrastructure segments.
  
Enhancing long-term shareholder value: Translating revenue scale and operational leverage into sustainable, improving financial performance.
  
The Company believes that structural trends including labor scarcity, rising hygiene compliance standards, and institutional demand for accountable, technology-driven service providers continue to create favorable long-term tailwinds for Primech’s core business model and long-term growth strategy.
  
“This award is a strong affirmation of Primech’s operational capabilities and the trust that major infrastructure operators place in our team,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. “Securing a four-year mandate of this scale at one of Asia’s most demanding facility environments reflects the depth of our service capabilities and our ability to compete and win at the highest institutional level. We are committed to delivering exceptional outcomes for this client while continuing to strengthen our operational excellence and long-term service capabilities.”
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
  
Company Contact:
  
Email: ir@primech.com.sg

Primech Holdings Awarded Two Multi-Year Industrial Cleaning Contracts in Singapore Totaling Approximately US$3.45 Million

SINGAPORE, April  30, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a Singapore-based provider of integrated facility services, today announced that its wholly owned subsidiaries, Maint-Kleen Pte Ltd and Primech A & P Pte Ltd, have been awarded two separate three-year cleaning service contracts within Singapore’s industrial sector. The combined estimated contract value is approximately US$3.45 million (approximately S$4.66 million), to be recognized over the contract terms.
  
Contract Details
  
Maint-Kleen Pte Ltd has secured a three-year contract valued at approximately US$1.4 million to deliver ongoing cleaning services across industrial property sites, supporting recurring, high-frequency service requirements.
Primech A & P Pte Ltd has secured a three-year contract valued at approximately US$2.0 million to provide integrated cleaning services at a major industrial and business hub in Singapore, further entrenching Primech within large-scale, high-value operational environments.
  
Both contracts are structured as recurring service engagements, with revenue recognized monthly over the contract terms. Contract values are estimates based on agreed scope and indicative service volumes, and actual revenue may vary based on usage, scope adjustments, and renewal outcomes.
  
Strategic Context
  
Industrial facilities are a core operating segment for Primech and a target deployment environment for the Company’s broader technology roadmap, including its Hytron autonomous cleaning robot platform developed by subsidiary Primech AI. Multi-year industrial contracts provide both recurring service revenue and a base of installed sites, into which the Company expects to introduce technology-enabled service offerings over time.
  
The Company expects continued demand within Singapore’s industrial segment, supported by sustained outsourcing of facility services and ongoing investment in industrial and logistics infrastructure.
  
Management Commentary
  
“These contract awards add to our base of recurring industrial service revenue and reflect long-standing relationships with institutional asset owners in Singapore,” said Ken Ho, Executive Chairman and Chief Executive Officer of Primech Holdings. “Industrial sites are also a priority deployment environment for our Hytron robotics platform as it scales, and a stable contracted footprint in this segment supports our longer-term technology strategy.”
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. For more information, visit www.primechholdings.com.
  
About Primech AI
  
Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited, is a robotics company dedicated to developing autonomous, AI-powered solutions for commercial facility operations. Its flagship product, Hytron, is a fully autonomous AI-powered restroom cleaning robot engineered to enhance hygiene standards, reduce labor dependency, and support sustainability initiatives across high-traffic environments including airports, healthcare facilities, hotels, transportation hubs, educational institutions, and commercial real estate. For more information, visit www.primech.ai.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about contract execution, anticipated revenues, growth, and segment expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
  
Investor Contact
  
Primech Holdings Limited
Email: ir@primech.com.sg
Website: www.primechholdings.com

Primech Holdings Ltd. engages in the technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. The firm offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Primech Holdings through its subsidiary Primech AI, develops HYTRON, an autonomous restroom-cleaning robot that combines AI perception with robotic manipulation. Its services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. It integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. The company was founded on December 29, 2020 and is headquartered in Singapore.

Primech Holdings Ltd

Neutral Sentiment

Up more than 1%

Flat to up 1%

Flat to down 1%

Down more than 1%

What do you think the S&amp;P 500&#39;s ($SPY) return will be next week?

Current Price	$0.5739
Prev Close	$0.54
Open	$0.575
Dividend Yield	0.00%
50-Day Moving Average	$0.5074
Beta	0.00
Avg. Volume	325,145.19
PE Ratio	-9.05

52-Week High	$2.44
52-Week Low	$0.31
Market Capitalization	$22.05M
EPS (Annual)	-$0.0634
Price to Book	1.66
Revenue Per Employee	$25,026.95

Feed

News

Sentiment

Fundamentals

Info

PMEC Fundamentals