Flux Power
Flux Power designs and manufactures lithium-ion battery packs and cloud-based battery management software (SkyBMS/SkyEMS) for industrial material handling equipment and airport ground support vehicles, serving enterprise customers across North America.
- Company typePublic
- Founded2009
- HeadquartersVista, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Flux Power does
Flux Power Holdings, Inc. (NASDAQ: FLUX) is a Nevada-incorporated holding company that, through its wholly-owned California operating subsidiary Flux Power, Inc., designs, manufactures, and sells advanced lithium-ion energy storage solutions for industrial and material handling equipment. Founded in 2009 and headquartered in Vista, California, the company targets warehouse operators, manufacturers, airlines, and logistics customers across North America, with cumulative deployments exceeding 30,000 battery packs. Its product portfolio spans LiFePO4 battery packs across 24V, 36V, 48V, and 80V configurations, covering counterbalance forklifts (X-Series), 3-wheel forklifts (L-Series), narrow aisle and end/center riders (M-Series), walkie pallet jacks (S-Series), airport ground support equipment (GSE Pack, G80, G80-G2, GA315), and automated guided vehicles/autonomous mobile robots (C-Series). All material handling and GSE offerings carry UL EE and UL 1973 certifications, and the company is ISO 9001:2015 certified.
The technical foundation is Flux Power's proprietary SkyBMS cloud-based battery management system and the related SkyEMS fleet intelligence platform, which provide real-time telemetry, state-of-health monitoring, and predictive analytics over the installed fleet. The company was awarded a U.S. patent in November 2025 for its State-of-Health prediction technology. The business model combines one-time hardware battery pack sales (primary revenue stream) with a recurring SkyBMS/SkyEMS subscription layer; pricing is quote-based with multi-year enterprise contracts. Go-to-market is hybrid: direct enterprise sales for large fleet operators, an authorized dealer network across North America, and OEM partnerships for white-label integration. Named enterprise customers include Delta Airlines, PepsiCo, Caterpillar, and Benteler.
Financially, Flux Power is a small-cap public company navigating a sharp revenue contraction. Q3 FY2026 revenue fell to $6.6 million from $16.7 million year-over-year, with nine-month revenue at $33.9 million (down from $49.7M prior year). The company achieved its first net profitable quarter in Q2 FY2026 ($0.6M) but disclosed a covenant default on its Gibraltar Business Capital loan in April 2026 and implemented cost reductions producing a 30% opex decline. Capital was raised through a $5 million private placement in September 2025 and a $9.6 million public offering in October-November 2025. The company is also subject to a provisionally approved derivative litigation settlement involving historical disclosure allegations.
Flux Power firmographics
Firmographics- Name
- Flux Power
- Legal name
- Flux Power Holdings, Inc.
- Website
- https://fluxpower.com
- Company type
- Public
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Flux Power designs and manufactures lithium-ion battery packs and cloud-based battery management software (SkyBMS/SkyEMS) for industrial material handling equipment and airport ground support vehicles, serving enterprise customers across North America.
- Ownership category
- akta.pro rank
Flux Power industry classification
Industry- Product category
- Industrial Lithium-ion Energy Storage Solutions
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG)
- akta.pro secondary industries
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI), Battery Management Systems (BMS) & Pack Electronics Manufacturing (EUAFABAJ), Aftermarket Battery, Charging & Power Accessories Manufacturing (12V Batteries/Jump Starters/Chargers/Inverters) (IMACANAL)
Keywords
Where Flux Power is headquartered
LocationHeadquarters
- HQ city
- Vista
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Flux Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Battery Pack Hardware Sales: Sale of lithium-ion battery packs for material handling equipment including forklifts, airport ground support equipment, AGVs, and AMRs. Primary revenue driver with one-time hardware purchase model.
- SkyBMS Subscription Services: Cloud-based battery management and monitoring subscription services providing ongoing telemetry, analytics, and fleet management capabilities. Recurring revenue component attached to hardware deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based pricing model |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Flux Power product offering
Product offeringCore offering
Flux Power designs, manufactures, and sells advanced lithium-ion battery packs for industrial material handling equipment, airport ground support equipment (GSE), and automated guided vehicles (AGVs) and autonomous mobile robots (AMRs). The company's products span multiple voltage configurations (24V, 36V, 48V, 80V) and are integrated with its proprietary SkyBMS cloud-based battery management system and SkyEMS fleet intelligence platform for telematics, monitoring, and predictive analytics.
Product overview
Flux Power is a developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment. The company's product portfolio centers on its proprietary SkyBMS (Sky Battery Management System) cloud-based telematics platform, which integrates with lithium-ion battery packs across multiple voltage configurations (24V, 36V, 48V, and 80V) for diverse equipment types. Core product lines include: X-Series for counterbalance forklifts, L-Series for 3-wheel forklifts, M-Series for narrow aisle and end/center riders, S-Series for walkie pallet jacks, GSE Pack/G80 for airport ground support equipment, and C-Series for AGVs and AMRs. The SkyEMS fleet intelligence module provides enhanced energy management capabilities with AI-driven analytics. All products feature LiFePO4 chemistry, UL certifications, and IP ratings for industrial safety.
Differentiator
Problem solved
Functional benefit
Brands
- LiFT Pack: Lithium-ion battery pack product line for material handling equipment including forklifts and pallet jacks.
- SkyBMS
- SkyEMS
- GSE Pack
- LiFT GSE Pack
Products and services
- SkyBMS (Sky Battery Management System) Cloud-based battery management and telematics platform providing real-time monitoring, customizable dashboards, and fleet analytics for lithium-ion battery packs deployed in industrial equipment.
- X-Series Counterbalance Forklift Batteries Lithium-ion battery packs designed for counterbalance forklifts delivering higher sustained power and longer operational times than lead-acid alternatives.
- L-Series / L48 3-Wheel Forklift Batteries Lithium-ion energy storage solutions engineered for 3-wheel forklifts with extended run times and rapid charging capabilities.
- M-Series / M36 Narrow Aisle Forklift Batteries Lithium-ion battery packs designed for narrow aisle forklifts, providing reliable power for space-constrained warehouse operations.
- M-Series / M24 End Rider and Center Rider Batteries Lithium-ion battery solutions for end riders and center riders delivering consistent power throughout extended work shifts.
- S-Series S8 and S24 Walkie Pallet Jack Batteries 24V lithium-ion batteries for walkie pallet jacks and Class III material handling equipment, available in 210Ah and 420Ah configurations with internal charger and Type EE protection.
- GSE Pack Ground Support Equipment Batteries Lithium-ion battery solutions for airport ground support equipment including pushback tractors, belt loaders, and luggage tugs, featuring real-time telemetry and advanced battery management.
- G80 and G80-G2 Airport GSE Batteries 80V lithium-ion energy solutions designed specifically for airport ground support equipment in the aviation industry, including the G80-G2 with UL 1973 listing for aviation applications.
- GA315 / GAT 315 Ground Support Battery Advanced lithium-ion battery for ground support equipment, expanding Flux Power's aviation sector battery portfolio.
- C-Series AGV and AMR Batteries Lithium-ion energy storage solutions for automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) supporting industrial automation applications.
- SkyEMS Fleet Intelligence Platform Energy management and fleet intelligence platform providing deeper visibility into battery performance, fleet utilization, and operational efficiency with AI-driven analytics and real-time data.
Quantifiable outcome
- 40% lower total cost of ownership compared to lead-acid batteries
- +3 more outcomes
Companies that use Flux Power
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Flux Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
Flux Power partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AverestcoreTechnology partner for G80 ground support equipment solutions. Collaboration resulted in $1.2 million order for airport ground support equipment battery solutions.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Flux Power competitors and assessment
Company assessmentBroad incumbents
- BYD: BYD is a global battery and EV powerhouse with growing presence in commercial-vehicle and industrial battery markets including forklifts; its scale and vertical integration make it a long-term competitive threat to Flux Power.
- EnerSys: EnerSys is a large global incumbent in industrial batteries (lead-acid and increasingly lithium) serving forklifts, GSE, and motive power markets — Flux Power competes with EnerSys' lithium line but EnerSys has far broader scale and product breadth.
- East Penn Manufacturing: East Penn (Deka) is a major North American lead-acid battery incumbent that has expanded into lithium solutions for material handling, offering fleet operators a competing replacement path to Flux Power's LiFT Packs.
- Crown Equipment: Crown Equipment is a major forklift OEM that sells its own powered industrial trucks and increasingly offers lithium battery options bundled with equipment, posing a channel and bundling threat to Flux Power's aftermarket LiFT Pack business.
- Raymond Corporation (Toyota Material Handling): Raymond, part of Toyota Material Handling, is a leading forklift OEM with integrated battery and energy solutions; it represents both a potential OEM white-label partner and a bundled-equipment competitor to Flux Power.
- Trojan Battery (C&D Technologies): Trojan Battery, now part of C&D Technologies, is a legacy deep-cycle battery (lead-acid and lithium) supplier to forklifts, floor machines, and renewable applications — an incumbent whose industrial product lines compete with Flux's LiFT Packs.
Direct peers
- Green Cubes Technology: Green Cubes designs and manufactures lithium-ion battery packs and power solutions for industrial applications including material handling, AGVs, and GSE — a directly overlapping product portfolio with Flux Power.
- Microvast: Microvast is a vertically integrated lithium-ion battery manufacturer with motive-power and commercial-vehicle applications; it competes with Flux in industrial Li-ion pack markets and offers overlapping chemistry and pack-assembly capabilities.
- Electrovaya: Electrovaya designs and manufactures lithium-ion batteries for material handling, e-forklifts, and other industrial applications — a direct comparable in target market, chemistry, and pack-level product offering.
- One Charge (OneCharge): OneCharge is a direct competitor specializing in lithium-ion battery packs for forklifts and material handling equipment in North America, mirroring Flux Power's core LiFT Pack product lines and target customer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Flux Power social profiles
Digital presenceFlux Power compliance and trust
Trust signalCompliance4 records
Flux Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flux Power leadership team
Management profileNumber of profiles
Profiles8 records
Flux Power subsidiaries and ownership
Company hierarchySubsidiaries1 record
Flux Power funding detail
Funding detailFunding overview
Funding rounds10 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flux Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flux Power
What does Flux Power do?
Flux Power designs, manufactures, and sells advanced lithium-ion battery packs for industrial material handling equipment, airport ground support equipment (GSE), and automated guided vehicles (AGVs) and autonomous mobile robots (AMRs). The company's products span multiple voltage configurations (24V, 36V, 48V, 80V) and are integrated with its proprietary SkyBMS cloud-based battery management system and SkyEMS fleet intelligence platform for telematics, monitoring, and predictive analytics.
Is Flux Power a public or private company?
Flux Power is a public company. It is classified as public and is currently operating.
When was Flux Power founded?
Flux Power was founded in 2009. It employs 101 to 250 people.
Where is Flux Power based?
Flux Power is headquartered in Vista, United States, in the North America region.
How does Flux Power make money?
Two revenue lines are on record. Battery Pack Hardware Sales are the primary driver. The others are skyBMS Subscription Services.
Who are Flux Power's main competitors?
Broad incumbents on record are BYD, EnerSys, East Penn Manufacturing, Crown Equipment, Raymond Corporation (Toyota Material Handling) and Trojan Battery (C&D Technologies). Direct peers are Green Cubes Technology, Microvast, Electrovaya and One Charge (OneCharge).
Does Flux Power have an API?
No public API is recorded for Flux Power.
What industry is Flux Power in?
Flux Power's product category is Industrial Lithium-ion Energy Storage Solutions. Its primary akta.pro industry code is IMAGAHAG, Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 33591 and its SIC code is 3600.