ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Primech AI Enhances HYTRON with NVIDIA Technology Components to Boost Robotics Performance



SINGAPORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the integration of advanced NVIDIA technology in its latest HYTRON bathroom cleaning robot. This enhancement underlines Primech AI’s commitment to leveraging cutting-edge technology to refine and advance its robotic solutions.

The new HYTRON model incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge, empowering HYTRON to deliver enhanced performance and reliability in autonomous toilet cleaning.

Alongside NVIDIA’s hardware, HYTRON utilizes a suite of NVIDIA software technologies, including:

 CUDA: This parallel computing platform and programming model enables HYTRON to utilize NVIDIA GPUs for complex computations, dramatically enhancing processing speed and efficiency.
   
 CuDNN: The CUDA Deep Neural Network library accelerates deep learning neural networks, allowing HYTRON to benefit from advanced AI algorithms that improve decision-making and operational effectiveness.
   
 TensorRT: This SDK optimizes neural networks for deployment on NVIDIA GPUs, boosting HYTRON’s inference capabilities, reducing latency, and enhancing overall responsiveness.
   
 NVIDIA Driver: Ensures seamless communication between the operating system and the GPU, enabling robust performance across all tasks.


“By integrating NVIDIA’s advanced technology into our HYTRON robot, we are setting a new standard for robotic cleaning performance and efficiency,” said Charles Ng, Chief Operating Officer of Primech AI. “NVIDIA’s technology enables us to achieve remarkable efficiency and precision, further distinguishing our HYTRON robots in the market.”

With the integration of NVIDIA technology, Primech AI is poised to expand its market presence and continue its mission of revolutionizing the cleaning industry through technological innovation. The enhanced HYTRON model promises to deliver unmatched cleaning efficiency and quality, making it a pivotal solution for various commercial and industrial environments seeking reliable and autonomous cleaning solutions.

About Primech Holdings Limited

Headquartered 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.   

About Primech AI

Primech 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.

Forward-Looking Statements

Certain 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, IRC
President                                        
Strategic Investor Relations, LLC                                         
Tel: 347-947-2093
Email: matthew@strategic-ir.com

 


Recent Quotes

View More
Symbol Price Change (%)
AMZN  210.03
+2.36 (1.14%)
AAPL  252.41
+2.29 (0.92%)
AMD  198.53
+5.14 (2.66%)
BAC  47.02
+0.30 (0.65%)
GOOG  303.33
+1.88 (0.62%)
META  624.02
+10.31 (1.68%)
MSFT  398.24
+2.69 (0.68%)
NVDA  184.54
+4.29 (2.38%)
ORCL  154.73
-0.38 (-0.25%)
TSLA  396.99
+5.79 (1.48%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.