Zooz Power Ltd

Earnings data Q2 2024

Zooz Power Ltd. engages in the development of kinetic energy storage technology. It deploys electric vehicle charging infrastructure. The company was founded by Ilan Ben David, David Pincu, and Nir Zohar in 2013 and is headquartered in St. Lod, Israel.

Tel Aviv, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) (“ZOOZ”), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi-port Electronic Vehicle (“EV”) charging, today announced that it has entered into a Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd. (“Yorkville”), an investment fund managed by Yorkville Advisors Global, LP. This agreement aligns with ZOOZ's ongoing efforts to expedite growth and provides a flexible financing option to support future capital needs.

ZOOZ Power Enters Standby Equity Purchase Agreement to Further Growth Strategy

Tel Aviv, Oct. 15, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd . (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi ports EV charging, today announced that Erez Zimerman, Chief Executive Officer, will present at the LD Micro Main Event XVII in Los Angeles, on Wednesday, October 30, 2024, at 8:30am PT / 11:30am ET.

ZOOZ Power Ltd. to Present at the LD Micro Main Event XVII on Wednesday, October 30, 2024

Tel Aviv, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi-port EV charging, announced today the appointment of Erez Zimerman as its new Chief Executive Officer. Erez is expected to start on September 17th, 2024.

ZOOZ Power Appoints Erez Zimerman as New CEO

Tel Aviv, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd . (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi ports EV charging, today announced financial results for the six months ended June 30, 2024 and provided a corporate update.

ZOOZ Power Reports Financial Results for the Six Months Ended June 30, 2024

Tel Aviv, July 30, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd . (NASDAQ and TASE: ZOOZ), the leading provider of flywheel-based boosters power management solution that enables ultra-fast multi-ports EV charging, is experiencing significant growth in Germany, due to the popularity of its ZOOZTER-100s at four sites, with a fifth one confirmed to open soon.

ZOOZ Power success of four ultra-fast EV charging sites that utilizes the ZOOZTER-100 product in Germany results in a new purchase order received by ZOOZ for a fifth site

ZOOM conference call on Thursday, August 1st, 2024 LOD, Israel, July 29, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (TASE and Nasdaq: ZOOZ) (“ZOOZ”), a leading provider of advanced Flywheel technology based power management solution that enables ultra-fast multi-ports EV charging is happy to announce that the company will hold an update zoom conference on Thursday, August 1st, 2024 at 8:30am ET (15:30 Israel time).

ZOOZ Power to hold an investor update

Tel-Aviv, June 20, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd . (NASDAQ and TASE: ZOOZ), a leading provider of flywheel-based power boosters for enabling ultra-fast EV charging, has announced today that its innovative power boosting and management solution has been installed and is operational at a second Dor-Alon station on Route 6, the Cross-Israel Highway, following the rollout of its first Dor-Alon station booster in May 2024.

ZOOZ Power Doubles Ultrafast Charging Capacity at Second Site on Cross-Israel Highway, Enabling Major Improvement in Service and Revenue Opportunity with no Grid Upgrade

Tel-Aviv, May 23, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), a leading provider of flywheel-based power-boosters for enablement of ultra-fast EV-charging, announced today the successful deployment of its innovative Power Boosting solution, enabling the upgrade of the “ON” charging site at Dor-Alon Station on Route 6, the Cross-Israel Highway, one of Israel's most congested transportation corridors.

ZOOZ Power Partners with Dor-Alon, a Leading Gas-Station Network Operator in Israel and “ON”, The Leading Charging Network in Israel, To Boost Ultra-Fast Charging Infrastructure Along Cross-Israel Highway

Lod, Israel, May 15, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ), a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, today announced that subject to shareholder approval, Avi Cohen, Executive Chairman, will assume the role of Interim CEO, succeeding Boaz Weizer, who will step down effective June 1, 2024.

ZOOZ Power Announces CEO Transition

LOD, Israel, May 02, 2024 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ) (“ZOOZ”), a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, today announced that Boaz Weizer, Chief Executive Officer, and Avi Cohen, Executive Chairman, will present virtually at the Sidoti Micro-Cap Conference on Thursday, May 9, 2024, at 9:15am ET.

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