10:56 AM EST, 12/23/2024 (MT Newswires) -- Rectitude (RECT) said Monday it secured about $1 million in initial sales contracts for its all-in-one intelligence micro-grid system.

This new product provides scalable, flexible, and integrated energy storage and management systems for various industries, according to the company.

Shares of Rectitude were down 4.3% in recent trading.

Price: 5.98, Change: -0.27, Percent Change: -4.32