LAFOX, Ill., Dec. 17, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced today two multi-million dollar production contracts with two of the largest owners and operators of wind farms in North America for Richardson’s patented ultracapacitor pitch energy modules (PEMs) and other related products. Richardson expects these orders to ship in calendar year 2025.

These agreements are consistent with Richardson Electronics’ ongoing strategy to provide innovative solutions and exceptional value to global wind turbine customers. Under the terms of the agreements, Richardson Electronics will supply its patented ULTRA3000 ® units to several wind farms across North America.

Richardson Electronics’ patented ULTRA3000 ® is a drop-in replacement for lead-acid batteries used in electric pitch systems inside wind turbines. Pitch Energy Modules (PEMs) store and manage the energy needed to adjust the blade angles to ensure efficient operation of the wind turbine. The improved lifespan of the patented ULTRA3000 ® reduces maintenance requirements and minimizes the environmental impact associated with lead-acid batteries.

“We are excited to win these contracts,” said Greg Peloquin, Executive Vice President and General Manager of the Power & Microwave Technologies and Green Energy Solutions groups. “These partnerships further strengthen our commitment to deliver best-in-class solutions and strengthen our global position as an industry leader.”

These contracts reflect the Company’s continued dedication to innovation, operational excellence, and customer satisfaction.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. a leading global manufacturer of engineered solutions, power grid and microwave tubes, and related equipment; power conversion and RF and microwave components, including green energy solutions; high-value replacement parts, tubing, and service training for diagnostic imaging equipment; and customized display solutions. More than 60% of our products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of our manufacturing partners around the world. All our partners manufacture to our strict specifications and adhere to our supplier’s terms and conditions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-support, system integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through a global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades under the ticker symbol RELL.

About Richardson Electronics ” Green Energy Solutions

Richardson Electronics Green Energy Solutions combines our key technology partners and capabilities with engineered solutions to design and manufacture key products for the rapidly growing market of energy storage and management applications. of electricity. As a designer, manufacturer, technology partner, and authorized distributor, GES’ strategy is to provide specialized technical expertise and engineered solutions using our core design engineering and manufacturing capabilities. all over the world. We provide solutions and add value through design support, systems integration, prototype design and manufacture, testing, logistics, and technical service and after-market repair” to all of our existing global infrastructure. GES targets products for many green energy applications such as wind, solar, hydrogen, and electric vehicles and other power management applications that support green solutions such as synthetic diamond production. .For more information, visit us at https://www.rell.com/greenenergysolutions/.

About Richardson Electronics ” Power & Microwave Technologies

For over 75 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. The Power & Microwave Technologies group continues this legacy and complements it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identifying and designing disruptive technologies, introducing new products on a global basis, creating solutions for our customers, and provide exceptional support worldwide. As a global company, we provide solutions and add value through design support, systems integration, prototype design and manufacture, testing, logistics, and technical service and after-market repair” all through our existing global infrastructure. More information is available at rellpower.com |.

For Details Contact:
Greg Peloquin
Executive Vice President and GM
Power & Microwave Technologies and Green Energy Solutions
Phone: (630) 659-8900
[email protected]

40W267 Keslinger Road
LaFox, IL 60147-0393 USA
(630) 208-2200 | Fax: (630) 208-2550

Source: Richardson Electronics, Ltd.