Primech AI Showcases HYTRON Cleaning Technology at Global Innovation Summit 2025 in Germany
Picture 1: Charles Ng, Chief Operating Officer of Primech Ai presenting at the Global Innovation Summit
The Global Innovation Summit, one of the world's premier platforms for industrial technology innovation, provided Primech AI with the opportunity to showcase its groundbreaking HYTRON, AI-powered autonomous bathroom cleaning robots to an international audience of industry leaders, potential partners, and investors.
"Our participation at the Global Innovation Summit represents a significant milestone in our international expansion strategy," said Mr. Charles Ng, Chief Operating Officer of Primech AI. "Being invited by Enterprise Singapore to represent Singapore's innovation ecosystem at such a prestigious global event validates our technological achievements and opens doors to potential collaborations across European markets."
During the two-day summit, the Primech AI team presented its innovation pitch focused on the HYTRON, AI-powered autonomous bathroom cleaning robot technology, highlighting its advanced AI capabilities, 3D-cleaning functionality, and the use of electrolyzed water for enhanced sanitation. The presentation demonstrated how Primech AI's solutions address critical challenges in the facility services industry, including labor shortages, increasing hygiene standards, and sustainability requirements.
A key enabler behind HYTRON's performance is the NVIDIA Jetson Orin Nano Super, a cutting-edge System-on-Module (SoM) designed for robust edge AI and robotics applications. By integrating NVIDIA's advanced hardware and software technologies—including CUDA, TensorRT, cuDNN, and the NVIDIA Driver—Primech AI has significantly boosted HYTRON's real-time data processing capabilities, enabling greater autonomy, precision, and responsiveness in demanding cleaning environments.
The Company engaged with numerous potential partners and customers from various sectors, including commercial property management, healthcare, hospitality, and public transportation, exploring opportunities to implement its autonomous cleaning solutions across European markets.
The Global Innovation Summit served as a platform for Primech AI to connect with international technology partners, distributors, and end-users interested in next-generation cleaning solutions. These engagements have already resulted in several promising partnership discussions that could accelerate the Company's European market entry strategy.
"The response to our technology at HANNOVER MESSE exceeded our expectations," said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. "We identified significant interest from European facility management companies seeking to integrate autonomous cleaning solutions into their operations. The connections made at this event will be instrumental in our international growth plans."
About the Global Innovation Summit 2025The Global Innovation Summit is Eureka's flagship event organised as part of HANNOVER MESSE, the world's leading trade fair for industrial technology. The summit brings innovators, industry leaders, policymakers, and investors together to explore emerging technologies and foster international collaborations. The 2025 edition focused on sustainable industrial solutions, AI applications, and automation technologies transforming traditional industries.
About Primech AIPrimech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
About Primech Holdings LimitedHeadquartered 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 StatementsCertain 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
Investor Relations Contact: Matthew Abenante, IRCPresidentStrategic Investor Relations, LLC Tel: 347-947-2093Email: matthew@strategic-ir.comSign in to access your portfolio
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Arrowhead (ARWR) Climbs 24.9% on $100-Million Licensing Revenue
We recently published . Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) is one of the last week's top performers. Arrowhead Pharmaceuticals soared by 24.9 percent week-on-week as investors welcomed the company's receipt of $100 million in payments from Sarepta Therapeutics Inc. (NASDAQ:SRPT) in relation to a licensing agreement previously entered into. Of the total amount, Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) said $50 million was redeemed in the form of shares, while the remaining $50 million was received in cash. Investors particularly cheered the election to place the redeemed stocks into the treasury, effectively reducing its total outstanding shares and boosting the value of existing shares. 'We are committed to supporting our broad and long-term collaboration and we are thrilled with the great progress we've made on multiple important clinical, preclinical, and discovery stage siRNA programs. While we remain confident that Sarepta will meet its financial obligations to Arrowhead, we believe reducing our outstanding shares by receiving approximately half of the $100 million due from Sarepta in cash and half in Arrowhead stock to be returned to treasury is a compelling opportunity,' Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) President and CEO Christopher Anzalone said. Copyright: dolgachov / 123RF Stock Photo The payments were made in satisfaction of Arrowhead Pharmaceuticals, Inc.'s (NASDAQ:ARWR) achievement of the first of two pre-specified enrollment targets in relation to an early-stage clinical trial for the study of ARO-DM1, a therapy candidate for type 1 myotonic dystrophy (DM1). Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) said that any subsequent milestones earned will continue to be payable in cash. While we acknowledge the potential of ARWR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Post
14 minutes ago
- New York Post
OpenAI CEO Sam Altman warns of AI bubble, says investors are ‘overexcited': report
OpenAI CEO Sam Altman warned that the billions of dollars being plowed into the artificial intelligence arms race risks causing a bubble comparable to the dot-com crash of the early 2000s. 'When bubbles happen, smart people get overexcited about a kernel of truth,' Altman said during a dinner with a group of journalists, The Verge reported on Friday. 'Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes.' Advertisement 4 OpenAI CEO Sam Altman testifies before a Senate Committee on Commerce, Science and Transportation. AP Altman likened the AI funding rush to 'the tech bubble,' when investors 'got overexcited' about internet-based companies in the late 1990s. Between March 2000 and October 2002, the Nasdaq lost nearly 80% of its value after many of these online companies failed to turn a profit. Advertisement In a report released last month, Torsten Slok, head economist at Apollo Global Management, argued that the AI bubble is actually bigger than the internet bubble, with the top 10 companies in the S&P 500 more overvalued than they were in the late 1990s. Ray Wang, research director for semiconductors, supply chain and emerging technology at Futurum Group, took a more optimistic stance. 'From the perspective of broader investment in AI and semiconductors… I don't see it as a bubble. The fundamentals across the supply chain remain strong, and the long-term trajectory of the AI trend supports continued investment,' he told CNBC in a statement. However, there is a high amount of speculative capital being thrown at companies who only have perceived potential – which could lead to pockets of overvaluation, Wang added. Advertisement 4 OpenAI chief Sam Altman likened the AI funding rush to the internet bubble of the early 2000s. REUTERS 'Calling it a bubble is too simplistic. What we're really seeing is a supply chain bottleneck – too much capital with real need, chasing too little compute,' Kyle Okamoto, chief technology officer at Aethir, a decentralized cloud GPU network, told The Post on Monday. 'Until infrastructure catches up, prices and hype will stay inflated, but that's not a bubble bursting – that's a market maturing.' Fears that the US might be in an AI bubble grew earlier this year after the explosive rise of DeepSeek, a Chinese tech firm that claimed to make a competitive AI model with a fraction of the time and money it took American rivals. Advertisement DeepSeek said its AI chatbot had been trained for under $6 million, far below the billions spent by US counterparts. OpenAI is on track to pass $20 billion in annual recurring revenue but it remains unprofitable, Altman said earlier this month. 4 OpenAI is on track to pass $20 billion in annual recurring revenue, but it remains unprofitable, according to Altman. AFP via Getty Images Its recent launch of ChatGPT-5 was so disappointing that customer complaints pushed the company to go back to the drawing board while reverting to the GPT-4 model. During the dinner with reporters, Altman said the term artificial general intelligence, or 'AGI,' is losing its relevance. AGI refers to a form of AI that can perform any intellectual task that a human can – which Altman previously said could be achieved in the 'reasonably close-ish future.' Altman's startup continues to draw in big investments. In March, OpenAI raised $40 billion at a $300 billion valuation – far above the largest amount ever raised by a tech company. Advertisement It now is preparing to sell around $6 billion in stock at roughly a $500 billion valuation. 4 Sam Altman jabbed at rival Elon Musk's Grok chatbot. REUTERS Altman said that he expects OpenAI to spend trillions of dollars on data center expansions. He has also expressed interest in buying Chrome if the US government forces Google to sell off the web browser as part of an antitrust case. Advertisement Separately, Altman confirmed reports that OpenAI is planning to launch a brain-computer interface startup similar to Elon Musk's Neuralink – and took a jab at his rival's firm xAI. 'You will definitely see some companies go make Japanese anime sex bots because they think that they've identified something here that works,' Altman said in a dig at Musk's Grok chatbot. 'You will not see us do that. We will continue to work hard at making a useful app, and we will try to let users use it the way they want, but not so much that people who have really fragile mental states get exploited accidentally.'
Yahoo
31 minutes ago
- Yahoo
Solar stocks, Tesla, TeraWulf & Google: Trending Tickers
Sunrun (RUN) stock was upgraded to Outperform from Sector Perform by RBC Capital Markets as the US Treasury Department and Internal Revenue Service (IRS) released favorable guidance on clean energy tax credit qualifications. Other clean energy names like First Solar (FSLR) and Enphase (ENPH) are also getting a boost. Tesla (TSLA) is reportedly offering leasing companies discounts of up to 40% to clear inventory in the UK, according to The Times. Bitcoin miner TeraWulf (WULF) is gaining attention after Alphabet's (GOOG, GOOGL) Google increased its stake in the company to 14%. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts. Now time for some of today's trending tickers. We are watching solar stocks, Tesla and Terawolf. First up, Sunrun, upgraded to outperform from sector perform at RBC Capital markets. The analyst upgrading the stock after the Treasury Department and IRS released guidance on what is considered beginning construction for clean energy projects that are trying to qualify for tax credits. Other clean energy names like First Solar and Enphase still getting a boost as the eligi eligibility requirements were not as bad as originally feared. Next up is Tesla, reportedly offering discounts of up to 40% to car leasing companies to shift more units in the United Kingdom. That's according to report from the Times. The discounts are also due to the lack of storage space for Tesla vehicles in the UK, the report said. Tesla sales in the UK fell about 60% to 987 units in July. That's according to the latest data from the Society of Motor Manufacturers and Traders. And finally, we're watching Terawolf after Google agreed to boost its stake in the Bitcoin miner and data center operator. The search engine giant boosting its holdings to about 14% from around 8% as part of a fluid stack deal at Terawolf's Lake Mariner Data Center campus in Western New York. And as always, you can scan the QR code below to track the best and worst performing stocks with Yahoo Finance's Trending Tickers page. Related Videos Meta's reported shake-up, Hims & Hers sinks on GoodRx–Novo deal GoodRx CEO discusses GLP-1 deal with Novo Nordisk: What to know Trump to meet Zelensky at WH: US vs. European defense stocks US stocks waver, Jackson Hole, retailer earnings: 3 Things Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data