Company ZOOZ Power Ltd.

ZOOZ

IL0011741845

Electric Utilities

Market Closed - Nasdaq Other stock markets 02:00:01 25/05/2024 am IST			5-day change	1st Jan Change
2.26 ^USD	-7.38%		-7.38%	0.00%

23/05	Zooz Power Partners with Dor-Alon, a Leading Gas-Station Network Operator in Israel and ?On?, the Leading Charging Network in Israel, to Boost Ultra-Fast Charging Infrastructure Along Cross-Israel Highway	CI
15/05	ZOOZ Power Names Executive Chair Avi Cohen as Interim CEO	MT

Business Summary

Zooz Power Ltd, formerly known as Chakratec Ltd, is an Israel-based company engaged primarily in the provision of flywheel energy storage technology dedicated to electric vehicle (EV) charging. The Company is focused on solutions to enable the mass adoption of electric vehicles by facilitating the deployment of fast and ultra-fast electric vehicle charging stations anywhere, including locations with a weak grid. The Company has developed a kinetic energy storage technology named Kinetic Power Booster, which enables unlimited high power charge and discharge cycles. The Company's EV charging solutions include battery-free power boosters as well as production materials that do not contain toxic chemicals or rare earth materials, with a minimal amount of carbon.Â

Number of employees: 50

Sales per Business

ILS in Million	2022	Weight	2023	Weight	Delta
Energy Storage 100.0 %	0	nan %	3	100.0 %	-

Sales per region

ILS in Million	2022	Weight	2023	Weight	Delta
Israel 100.0 %	0	nan %	3	100.0 %	-

Managers

Managers	Title	Age	Since
Boaz Weizer CEO	Chief Executive Officer	52	01/20/01
Ilan Ben-David FOU	Founder	60	01/13/01
Ruthy Smadja DFI	Director of Finance/CFO	49	30/22/30
Tal Harmon CTO	Chief Tech/Sci/R&D Officer	57	28/22/28
Eyal Blum SAM	Sales & Marketing	51	09/23/09
Dana Gottesman Erlich AUD	Comptroller/Controller/Auditor	48	23/21/23

Members of the board

Members of the board	Title	Age	Since
Avi Cohen CHM	Chairman	71	18/21/18
Ilan Ben-David FOU	Founder	60	01/13/01
Boaz Weizer CEO	Chief Executive Officer	52	01/20/01
Dan Weintraub BRD	Director/Board Member	60	01/21/01
Vadai Doron Meir BRD	Director/Board Member	66	22/22/22

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,911,957	589,215 ( 9.967 %)	0	9.967 %

Shareholders

Name	Equities	%	Valuation
Keyarch Global Sponsor Ltd. 18.39 %	2,219,550	18.39 %	6 M $
Yosef Meirov 12.59 %	1,518,955	12.59 %	4 M $
Phoenix Provident Fund Ltd. 9.732 %	1,174,309	9.732 %	3 M $
Elah Impact Management Ltd. 5.002 %	603,607	5.002 %	2 M $
Afcon Electric Transportation Ltd. 3.097 %	373,649	3.097 %	1 M $
Fang Zheng 1.243 %	150,000	1.243 %	405 096 $
Migdal Mutual Funds Ltd. 0.1745 %	21,061	0.1745 %	56 878 $
KSM Mutual Funds Ltd. 0.1721 %	20,761	0.1721 %	56 068 $
Alumot Sprint Mutual Funds Management Ltd. 0.1688 %	20,372	0.1688 %	55 017 $
Lamashkia Mutual Funds Management Co. (1982) Ltd. 0.1664 %	20,079	0.1664 %	54 226 $