Years: 2021

Chakratec Webinar Recording held on Dec 13, 2021

Online investors’ call to be held via Zoom on December 13, 2021, providing an update further to a first sale of the company’s products in Germany

“Compared to the world, in Israel the market is developing very slowly”

The European EV charging market is gaining momentum and Chakratec is moving ahead with implementation of its strategic plan. Initial sale for Chakratec in Germany in a €1 million contract for the installation of 2 fast EV charging stations

The first sale of the Company’s next-gen products and construction of charging stations for electric vehicles in Germany

Chakratec is pleased to report that the Israeli Patent Authority has approved the company’s flywheel technology patent (magnetically coupled flywheel). The new innovative patent provides system-wide advantages for use of the flywheel for efficient energy storage. The company’s main target market is rapid charging infrastructure for electric vehicles. With this approval, the number of Chakratec’s registered patents worldwide has risen to some 16

Approval of a flywheel technology patent in Israel

Chakratec continues making progress with the realization of its plan to launch the new kinetic energy storage system KPB100 The company has successfully completed a series of tests, as part of the licensing process under Standard UL9540, of the flywheel developed thereby

completed a series of tests and trials, s a significant milestone in the Flywheel’s certification process

Chakratec Investor Meeting Recording held on Nov 3, 2021