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Lifesafe Holdings Plc ( (GB:LIFS) ) has issued an announcement.
LifeSafe Holdings plc has announced a distribution agreement with Artemis AG-Solutions, LLC to supply its Multi-Purpose Fluid and Thermal Runaway Fluid in the United States. This agreement is expected to generate $500,000 in sales over the next two years and complements a previous global distribution agreement with IDEX Fire & Safety. The partnership with Artemis, a leader in the North American food processing and biosecurity sector, allows LifeSafe to extend its reach into new sectors, enhancing its market positioning and opening opportunities for further growth.
More about Lifesafe Holdings Plc
LifeSafe Holdings plc is a fire safety technology company that develops innovative and eco-friendly fire extinguishing and prevention fluids, along with life-saving fire safety products. The company has created a market-disrupting range of fire safety protection products, including a patent-pending Thermal Runaway Fluid to combat lithium battery fires and the StaySafe All-in-1 extinguisher, which is eco-friendly and fully recyclable. LifeSafe is focused on expanding its market presence through innovative technologies, digital marketing, and multi-channel sales.
YTD Price Performance: -21.62%
Average Trading Volume: 71,393
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3.47M
See more insights into LIFS stock on TipRanks’ Stock Analysis page.