The first sale of the Company’s next-gen products and construction of charging stations for electric vehicles in Germany
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
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
completed a series of tests and trials, s a significant milestone in the Flywheel’s certification process
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
Chakratec is moving forward with its plan to build an extensive production infrastructure. Chakratec has received the Israel Innovation Authority’s approval for a grant intended for the development of a system for automatic assembly of the flywheel rotor