ZOOZ Strategy Ltd.

Corporate Details

ISIN(s):

IL0011853210 (+1 more)

LEI:

Country:

United States of America

Address:

4B HAMELACHA STR., 0 LOD

Website:

https://www.zoozpower.com/

Sector:

Manufacturing

Industry:

Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus

Description

ZOOZ Strategy Ltd. develops and manufactures kinetic energy storage solutions based on proprietary flywheel technology. The company's primary product, the ZOOZTER-100, is a battery-free power booster designed to enable and accelerate the deployment of ultra-fast charging infrastructure for electric vehicles (EVs), particularly in locations with grid limitations. The system functions by drawing power from the grid during periods of low demand and delivering sustained bursts of high power to charging stations when required. This process optimizes site power usage and allows for rapid charging where the grid would otherwise be insufficient. Key features of the technology include a 15-year lifespan without degradation, unlimited charge and discharge cycles, and efficient operation in extreme temperatures. The solution is aimed at charge point operators and fleet operators, offering a lower total cost of ownership and a sustainable alternative free from toxic chemicals or rare earth materials.