Primech Holdings Ltd.: Primech AI signs MOU with Savills

Primech Holdings Ltd.: Primech AI signs MOU with Savills

Primech Holdings Ltd. (PMEC), a leading innovator in the infrastructure sector, has signed a Memorandum of Understanding (MOU) with Savills, a global real estate advisory firm. This strategic partnership aims to enhance Primech AI's reach and expand its market presence, particularly in the premium services sector of Singapore's infrastructure economy.

The MOU, signed on July 02, 2025, signifies a significant milestone in Primech Holdings' global expansion strategy. Savills' extensive network and expertise in real estate management will facilitate the deployment of Primech AI's HYTRON autonomous cleaning robots across high-profile facilities. This collaboration is expected to accelerate the adoption of advanced robotics solutions in high-hygiene environments, such as hospitals, airports, and malls.

The strategic partnership with Savills is part of Primech Holdings' broader initiative to leverage its AI-powered HYTRON cleaning robot. The HYTRON robot, powered by NVIDIA's Jetson Orin Nano Super, offers advanced AI processing, real-time navigation, and UV disinfection, making it an ideal solution for post-pandemic markets where cleanliness is paramount [1].

Primech Holdings' CEO, Kin Wai Ho, stated, "This partnership with Savills is a testament to our commitment to innovation and our ability to deliver cutting-edge solutions to the market. We are excited about the potential this collaboration holds for expanding our footprint and driving growth."

The MOU also aligns with Primech Holdings' Robotics-as-a-Service (RaaS) model, which creates recurring revenue through maintenance, training, and performance reporting. This model differentiates Primech Holdings in a market dominated by one-time purchases and positions it to capture a significant share of the automation demand in high-margin markets [1].

With a $120.8 million contracted revenue backlog and improving gross margins, Primech Holdings is well-positioned to capitalize on this strategic partnership. The company's robust backlog and recurring revenue model provide investors with a compelling case for long-term growth.

In conclusion, the MOU between Primech Holdings and Savills is a strategic move that underscores the company's commitment to innovation and market expansion. For investors, this partnership signals a high-conviction play in a premium sector, where Primech Holdings is shaping the future of infrastructure automation.

References:
[1] https://www.ainvest.com/news/primech-holdings-high-conviction-bet-ai-robotics-contract-visibility-singapore-infrastructure-sector-2508/