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The latest announcement is out from Lifesafe Holdings Plc ( (GB:LIFS) ).
LifeSafe Holdings PLC has announced an initial purchase order for 600 units of its new 6-litre lithium ion battery fire extinguishers, valued at over £100,000, from its US distributor, Fire Suppression Solutions LLC. This represents a significant step in LifeSafe’s expansion in the US market, with its state-of-the-art TRF+ extinguishers being adopted by a global battery manufacturer and a leading marine corporation. This development underscores LifeSafe’s commitment to advancing fire safety technology and addressing the market’s demand for highly effective and eco-friendly fire suppression solutions. The initial order signals a promising growth trajectory for the company and its partners in the business-to-business channel.
More about Lifesafe Holdings Plc
LifeSafe Holdings PLC operates in the fire safety technology industry, specializing in innovative fire extinguishing and prevention fluids and products. The company focuses on providing solutions for new fire threats, such as lithium ion battery fires, and aims to set new standards in fire suppression with environmentally friendly offerings.
YTD Price Performance: -21.62%
Average Trading Volume: 93,706
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.47M
For an in-depth examination of LIFS stock, go to TipRanks’ Stock Analysis page.