Expion360 Adds New OEM Customers, Distributor

MT Newswires Live

2024-11-20

Expion360 (XPON) said Tuesday it recently added several new original equipment manufacturer customers and one new distributor to its network.

Expion360, which provides lithium-ion battery power storage systems, said the new customer wins are in addition to three recently announced new OEM customers.

The company expects the new relationships to add "significant incremental revenue" in Q4 and about $5 million in incremental revenue in fiscal 2025.

Expion360 shares were up 3.2% in recent trading.

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