Forward Industries, Inc.

About Forward Industries, Inc.

Forward Industries is a Nasdaq-listed global design, manufacturing, sourcing, and distribution group. With over 60 years of experience, they provide innovative products for leading companies worldwide, specializing in integrating smart thinking and design with state-of-the-art manufacturing to deliver technology and products across various sectors.

Products & Services

Soft Goods:Products for medical, diagnostic, pharmaceutical, industrial, consumer electronics, optical, sports, lifestyle, automotive, and wearables sectors.

Smart Products:Includes smart lighting and smart furniture solutions.

IoT Smart Technology Solutions:Device-to-cloud-to-application platforms for medical devices, pharma, diagnostics, industrial, vending, wearables, government, DoD, retail, consumer, vehicle technology, and gas & oil sectors.

Medical Devices:Services include usability research, technology development, design engineering, feasibility model design, formative and summative studies, usability engineering, and design for manufacturing and clinical trials.

Packaging:Rigid and folded boxes, metal and paper pulp packaging, medical and pharma packaging, and retail displays.

Accessories:Sourcing a wide range of accessory products as per client needs.

Specialties

Product Design and Engineering IoT and Wearable Technology Solutions Medical Device Development Smart Technology Solutions Soft Goods Manufacturing Prototyping and Compliance Global Supply Chain Logistics Retail Distribution

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: At-the-Market Equity Offering T: - FT: At-the-Market Equity Offering	A: 4000000000 MR: - FA: 4 billion FAN: 4000000000	D: 2025-09-17 FD: 2025-09-17	3 investors
2	RT: PIPE T: - FT: PIPE	A: 1650000000 MR: - FA: $1.65 billion FAN: 1650000000	D: 2025-09-11 FD: 2025-09-11	25 investors
3	RT: PIPE T: - FT: PIPE	A: 1650000000 MR: - FA: 1.65 billion USD FAN: 1650000000	D: 2025-09-08 FD: 2025-09-08	4 investors

At-the-Market Equity Offering Latest

2025-09-17

$4.0B

3 investors (Pro only)

PIPE 2025-09-11

$1.6B

PIPE 2025-09-08

$1.6B

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

S

Sangita Shah

Chairperson and Non Executive Lead Director

S

Sharon Hrynkow

Non Executive Director

K

Keith Johnson

Non Executive Director

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