Primech Holdings Ltd. - Ordinary Shares (PMEC)

Mass Production Scheduled for Q1 2026 as International Sales Advance Across Asia and Europe

SINGAPORE, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (Nasdaq: PMEC) (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, announced its participation in the Aramark Facilities Innovation Forum in Warren, Michigan. Primech was invited to join a select group of companies presenting technologies chosen for their ability to drive measurable improvements in facility operations. The forum convened Aramark’s senior executives, operational leaders, and decision-makers from across multiple business units to review innovations capable of advancing efficiency, sustainability, and cost performance. For Primech, the invitation reflects growing recognition of HYTRON as a mission-critical solution for enterprise facility management and underscores the Company’s expanding footprint in the U.S. market.

SINGAPORE,, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, today announced the signing of a strategic Memorandum of Understanding with GAIB, the economic layer for AI infrastructure. The partnership establishes a framework to tokenize Primech’s HYTRON autonomous cleaning robots and enable next-generation AI Robotics-as-a-Service (ARaaS) business models that open new capital pathways and expand profitability potential.

SINGAPORE, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (“Primech” or the “Company”), a leader in AI-powered hygienic robotics, today announced that its flagship HYTRON autonomous cleaning robot achieved bacterial reduction exceeding 99% in independent testing conducted by a top-tier laboratory. The comprehensive analysis demonstrated exceptional disinfection performance, which is consistent with the performance thresholds required for hospital-grade disinfectants in the United States.

SINGAPORE, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), announced strong global traction from  its first participation at CMS Berlin 2025, where the Company debuted its next‑generation HYTRON AI robots for sustainable hygienic service and drew 250+ qualified client inquiries through extensive live demonstrations, validating its commercial potential in the multi-billion-dollar global facilities management market.

SINGAPORE, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a leading provider of AI-driven facilities services, today celebrated the opening ceremony of its United States office, through its subsidiary Primech USA Inc., in Edwardsville, Illinois. This milestone marks Primech’s expansion into the North American market to meet the accelerating demand for intelligent automated cleaning solutions from institutional clients.

SINGAPORE, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) today announced its subsidiary, Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a leading innovator in AI-powered autonomous cleaning solutions, has signed a Memorandum of Understanding (“MOU”) with Savills Property Management Ltd. (“Savills Property Management”), a global real estate services provider, to accelerate the Company’s market penetration in Greater China through comprehensive distribution and support services.

SINGAPORE, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), today announced that its subsidiary, Primech A&P (the “Company”), an established technology-driven facility services provider in the public and private sectors in Singapore, has secured a multi-year cleaning services contract with a leading polytechnic in Singapore, valued at S$25,196,581.00 (approximately US$19.6 million), making this one of the Company's most material wins to date.

Sleeker, Smarter Form Factor; Global Debut Tour Launches at Major International Expos

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) -- Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

SINGAPORE, June 24, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a strategic partnership with Hong Kong-based ReMining Ai Ltd to expand the deployment of its revolutionary HYTRON autonomous bathroom cleaning robot to the Hong Kong market.

SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced that it has been named Winner in the Robotics category at the prestigious Singapore Business Review (SBR) Technology Excellence Awards 2025. This recognition underscores Primech AI’s commitment to innovation and leadership in the robotics industry and its ongoing efforts to drive technological advancements that enhance productivity and transform industries.

SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year lease agreement with one of the leading facility management service providers for the deployment of its innovative HYTRON LITE autonomous bathroom cleaning robot at one of Singapore's largest public hospitals.

SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) -- Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced several newly secured contracts and extensions for the first quarter of 2025, with a total value exceeding $2.59 million.

SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the successful deployment of its state-of-the-art autonomous bathroom cleaning robot, HYTRON, at one of Singapore's premier lifestyle and shopping destinations. This deployment represents a significant milestone in the Company's mission to revolutionize facility services through advanced robotics and AI-driven technology.

SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited ("Primech" or the "Company") (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that it has received notice from the Nasdaq Stock Market ("Nasdaq") on May 13, 2025 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on The Nasdaq Capital Market. 

SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its Board of Directors has approved a Rule 10b-18 share repurchase program with authorization to purchase up to 20% of the Company's outstanding Ordinary Shares. The program is subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM).

SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its strategic entry into the European market through a Memorandum of Understanding (MOU) with TCOrobotics GmbH, establishing a distribution framework for its innovative HYTRON, AI-powered autonomous bathroom cleaning robots across Germany, Austria, and Switzerland (DACH region).

SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), recently participated in the prestigious Global Innovation Summit (GIS) 2025 held at HANNOVER MESSE in Hannover, Germany on April 1-2, 2025. The Company was invited by Enterprise Singapore to join a select group of innovative Singaporean companies representing the nation's technological capabilities on the global stage.

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, provides a financial and corporate update coincident with the filing of the Company’s financial results for the six months ended September 30, 2024.

SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the launch of its latest innovation, the Hytron Lite autonomous bathroom cleaning robot. This compact version of the successful Hytron robot is specifically engineered for smaller spaces while maintaining the advanced technological capabilities of its predecessor.