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Lifesafe Holdings Plc ( (GB:LIFS) ) just unveiled an update.
LifeSafe Holdings plc has received approvals from the Philippine Bureau of Fire Protection and Qatar Civil Defence for its fire extinguishing cylinder featuring the unique Thermal Runaway Fluid (TRF), designed to effectively extinguish lithium-ion battery fires. This approval, facilitated through its distribution partner Lingjack Engineering Works, marks a significant step in expanding LifeSafe’s market presence in Asia, addressing the growing demand for environmentally friendly fire safety solutions.
More about Lifesafe Holdings Plc
LifeSafe Holdings plc is a fire safety technology company specializing in innovative fire extinguishing and prevention fluids and fire safety products. The company focuses on addressing the risks associated with lithium-ion battery fires.
YTD Price Performance: -21.62%
Average Trading Volume: 91,427
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.47M
For a thorough assessment of LIFS stock, go to TipRanks’ Stock Analysis page.