Innovation Authority gives approval for ultrafast EV charging pilot based on the kinetic storage system
Chakratec to make a first installation in Israel in collaboratin with Afcon Electric Transportation. Chakratec has received approval and funding from the Innovation Authority to install and run a pilot for ultrafast EV charging infrastructure in Israel
Chakratec successfully completes testing for the flywheel – the core of the Company’s proprietary technology for ultra-fast charging of electric vehicles. This success marks the achievement of a significant milestone in the certification of the flywheel and the KPB100 system to the strict safety standard UL9540
Chakratec successfully closes a financing round of some ILS 96 million for implementation of the company’s strategic plan and accelerated growth in frastructure market
Chakratec kicks off a financing round led by Afcon, which is expected to be joined by a number of leading institutions in the capital market
Chakratec signs an agreement for installation of another 3 ultra-fast EV charging facilities in Germany
Chakratec expands its penetration to one of the world’s largest markets; Signing agreements for a total of €2.5 million. Chakratec signs an agreement for installation of another 3 ultra-fast EV charging facilities in Germany
Non-binding term sheet for an order of Company products and establishment of fast charging facilities at a first pilot site in Denmark