Primech Holdings Ltd. Ordinary Shares·Industrials

KEY FACTS AT A GLANCE WHO Primech Holdings Limited (Nasdaq: PMEC), through its robotics subsidiary Primech AI Pte. Ltd. WHAT Three-year leasing agreement for one Hytron autonomous restroom cleaning robot WHEN Deployment commencing no later than 31 May 2026 WHERE High-traffic public sector facility in Singapore WHY IT MATTERS First 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.

Primech Holdings (Nasdaq: PMEC) awarded ~US$24.8M four-year cleaning contract at major Asian aviation hub, adding significant recurring revenue visibility.

Primech Holdings (Nasdaq: PMEC) secures US$3.45M in multi-year industrial contracts in Singapore, expanding recurring revenue and order book visibility.

Shares of Primech Holdings Ltd. (NASDAQ: PMEC - Get Free Report) were down 4.5% during mid-day trading on Thursday. The company traded as low as $0.55 and last traded at $0.6497. Approximately 28,870,388 shares were traded during mid-day trading, an increase of 85,260% from the average daily volume of 33,822 shares. The stock had previously

SINGAPORE, April 23, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), through its autonomous robotics subsidiary Primech AI Pte. Ltd., today announced the acceleration of its U.S. expansion strategy, supported by its selection for the SelectUSA Tech program and participation in the 2026 SelectUSA Investment Summit (May 3–6, 2026, National Harbor, Maryland) following an invitation from the U.S. Embassy in Singapore.

SINGAPORE, April 09, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the deployment of its Hytron autonomous bathroom cleaning robots in a multi-storey school environment.
Primech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include general cleaning and maintenance of public and private facilities, such as airports, conservancy areas, public areas, refuse disposal areas, and parks and carparks of public housing units; common areas of hotels, educational institutions, public roads, residential spaces, commercial buildings, office facilities, industrial areas, retail stores, and healthcare facilities; housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest control services. The company also offers stewarding services comprising cleaning of the kitchen area of healthcare facilities, hotels, and restaurants, as well as supplies ad hoc customer service officers, and food and beverage service crews to healthcare facilities, hotels, and restaurants. In addition, it operates HomeHelpy, an online portal that allows individual customers to book cleaning services in homes and offices; and manufactures and sells cleaning supplies, such as hand soaps, hand soap dispensers, cleaning fluids, and garbage bags used for general, floor, carpet, restroom, or kitchen purposes, as well as treatment products used in the marine industry under the D'Bond brand name. The company was incorporated in 2020 and is based in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited.
Industrials
Specialty Business Services
2,744
2023-10-09
0.97