According to filings with the U.S. Securities and Exchange Commission, Lite Magnesium Products is raising up to $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Arun Jeldi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lite Magnesium Products
ite Magnesium Products Inc. was incorporated in 2020, providing end-to-end solutions in magnesium-based products/components from designing to production phases, by adopting innovative & and recent technologies available in the industry. By leveraging innovative and recent technologies available in the industry, Lite Magnesium Products aims to offer end-to-end solutions, covering the entire process from design to production. Magnesium, known for its lightweight and high-strength properties, has various applications across industries such as aerospace, automotive, electronics, and more. As a company focused on magnesium-based products, Lite Magnesium Products Inc. may employ advanced manufacturing techniques to develop and produce components using magnesium alloys.

To learn more about Lite Magnesium Products, visit http://www.litemagnesium.com/

Contact:
Arun Jeldi, Chief Executive Officer
317-981-5973

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