Must-See Penny Stock Watchlist (SHGI) One such stock that demands attention is SHGI, a trailblazing fire protection technology company. On Thursday, July 13, 2023, Sparx Holdings Group Inc. introduced its cutting-edge Sparx Smart Sprinkler System, heralding a new era in fire sprinkler technology. This recent announcement highlights the company's commitment to innovation and its potential to disrupt the $12.5 billion global fire sprinkler industry.
The Sparx Smart Sprinkler System represents a remarkable leap forward in fire protection technology. By incorporating wireless battery-powered sprinkler activation and sensing units, a base station for data collection and control, and an installation and commissioning tool, this system harnesses the power of cutting-edge technologies.
SHGI firmly believes that its Sparx system offers substantial advantages over traditional mechanical sprinkler systems, which, according to the company, often rely on outdated technology.
The opportunities presented by SHGI’s technology are significant, particularly in warehouses and storage facilities with high ceiling heights, automated storage and retrieval systems (ASRS systems), dense storage, and the storage of highly flammable commodities like plastic and synthetic materials. Furthermore, the system holds promise for buildings with obstructed construction, sloped ceilings, forest product storage, aerosol storage, atriums, tunnels, and other challenging environments.
https://www.benzinga.com/pressreleases/23/07/ab33261563/must-see-penny-stock-watchlist-shgi-amih-egio-frbk