NuGen Systems develops and supplies High Power Li-ion batteries for indoor mobile material handling vehicles. Team has done this in the electronics space and is working to do the same for an unmet need in the Material Handling Space. 99% of potential customers, today, use Lead Acid Batteries. NuGen batteries allow these customers to have batteries that are fast to charge, 8x smaller in capacity, better than cost parity on upfront costs, and last 2.5 times longer and in many cases provide for a zero-downtime, lead-free operation.