| Electrical Equipment Industry | Industrials Sector | Jordan E. Fried CEO | NASDAQ (CM) Exchange | 001204973 CUSIP |
| IL Country | 38 Employees | - Last Dividend | - Last Split | - IPO Date |
ZOOZ Power Ltd., originally known as Chakratec Ltd., is an innovative entity established in 2013 and based in Lod, Israel. The company specializes in the development, manufacturing, marketing, and sale of pioneering energy storage solutions specifically designed for electric vehicles. With a significant presence in Israel, Germany, the United Kingdom, and the United States, ZOOZ Power Ltd. is at the forefront of facilitating the green energy transition, particularly in the electric vehicle (EV) sector. In March 2021, the company underwent a rebranding process, changing its name from Chakratec Ltd. to ZOOZ Power Ltd., reflecting its dynamic approach towards enhancing sustainable energy options for EV charging infrastructure globally.
ZOOZ Power Ltd. proudly offers the ZOOZTER-100, its flagship product, which represents a leap forward in kinetic power booster technology. The ZOOZTER-100, grounded in advanced flywheel technology, serves as a pivotal solution for ultra-fast electric vehicle charging stations, especially in locations where the electrical grid faces power limitations. This innovative product stands out for its ability to ensure a sustainable and cost-effective deployment of charging infrastructures, catering to the escalating demand for efficient and reliable electric vehicle charging options. ZOOZ Power Ltd.'s commitment to sustainable energy solutions is embodied in the ZOOZTER-100, which aims to revolutionize the electric vehicle industry by providing a greener alternative to conventional charging methods.