Astra Service Partners Enters Canadian Market with Leading HVACR and Electrical Service Provider, Lowe Mechanical Services
WINNIPEG, Manitoba — Astra Service Partners ('Astra'), a network of market-leading commercial and industrial mechanical service providers, announced today that it has partnered with Lowe Mechanical Services, a leading HVACR and electrical business serving customers throughout Canada. Astra partners with exceptional mechanical companies and provides the resources needed to fuel their next chapter of growth.
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As a premier full-service HVACR and electrical provider, Lowe Mechanical Services specializes in delivering maintenance, service, and project solutions across all mechanical trades for commercial and industrial customers. With a commitment to both complete customer satisfaction and to putting safety first, Lowe Mechanical Services' skilled team lives up to its mission: 'Quality Service, Quality People.'
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'We're thrilled to welcome Lowe Mechanical Services to the Astra Service Partners family,' said Scott Ingold, Astra COO. 'Their commitment to technical excellence, strong local reputation, and people-first culture align perfectly with our values. This marks an exciting milestone as our first Canadian partnership and a strategic step in expanding our presence across North America.'
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About Astra Service Partners
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Astra is a network of premium mechanical service providers dedicated to growing and empowering powerful businesses. By attracting top talent in the industry, Astra fuels the growth and operational excellence of its partner companies, enabling business owners to take their teams to new heights. For more information, please visit astraservicepartners.com.
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Lowe Mechanical Services is a leading full-service HVACR and electrical business based in Winnipeg, Manitoba. Since the company's founding in 1977, Lowe Mechanical Services' team of expert technicians specializes in addressing all mechanical needs, from refrigeration to electrical to boiler to plumbing services. For more information, please visit lowecanada.com.
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These forward-looking statements, which include statements regarding the Super One MPV, Super EAI F.A.C.E., and EAI Embodied AI Agent 6x4 architecture, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its 'at-the-market' program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the Company's Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.
