ZOOZ Strategy Ltd. (ZOOZ) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately.
| Electrical Equipment Industry | Industrials Sector | Jordan E. Fried CEO | TASE Exchange | IL0011741845 ISIN |
| IL Country | 38 Employees | - Last Dividend | 1 Jun 2026 Last Split | - IPO Date |
ZOOZ Power Ltd., initially established as Chakratec Ltd., has transitioned its focus towards creating innovative energy storage solutions tailored for the electric vehicle (EV) market across Israel, Germany, the United Kingdom, and the United States. Since its inception in 2013 and following its rebranding in March 2021, the company has concentrated on addressing the challenges associated with the rapid deployment of ultra-fast EV charging stations, particularly in regions where the existing power grid presents constraints. With its headquarters located in Lod, Israel, ZOOZ Power is at the forefront of enabling a sustainable and efficient expansion of EV charging infrastructure through its groundbreaking technology.
This flagship product of ZOOZ Power Ltd. represents a major leap forward in kinetic power booster technology, leveraging the principles of flywheel engineering to enhance the feasibility and sustainability of ultra-fast EV charging solutions. Designed to circumvent the limitations imposed by the current power grid's capacity, the ZOOZTER-100 allows for the swift and cost-effective establishment of charging stations in power-limited areas. This innovative approach not only promotes the wider adoption of electric vehicles by making charging more accessible and efficient but also aligns with broader environmental goals by supporting the transition to sustainable transportation methods.