Welcome to our dedicated page for Aquarius Engins news (Ticker: AQUEF), a resource for investors and traders seeking the latest updates and insights on Aquarius Engins stock.
Aquarius Engines (AQUEF) delivers innovative power generation solutions through its compact, multi-fuel systems designed for telecom infrastructure, EV charging networks, and industrial applications. This dedicated news hub provides stakeholders with timely updates on technological advancements and strategic initiatives driving the company's growth.
Access official press releases, partnership announcements, and operational developments related to AQUEF's patented generator technology. Key content includes progress reports on pilot programs with global automotive partners, energy efficiency milestones, and expansion updates across target markets.
Investors and industry professionals will find verified information about the company's modular power systems, fuel flexibility innovations, and deployment in critical infrastructure projects. Content is curated to support informed decision-making about AQUEF's role in sustainable energy solutions.
Bookmark this page for continuous access to primary source materials about Aquarius Engines' engineering breakthroughs and commercial progress. Check regularly for updates on new patent filings, collaborative ventures, and market-specific adaptations of its generator technology.
Aquarius Engines (TASE: AQUA) has undergone significant changes, including management replacement in December 2024 and organizational restructuring. The company secured a $10 million investment agreement and is pursuing additional funding while working towards a Nasdaq listing.
The company's main product, the Aquarius Generator, measures 1.2x0.8 meters and delivers 150 kW power output. Initially running on LPG, it will support CNG and hydrogen in the future. The technology is based on a decade of research, $120 million investment, and holds dozens of patents.
Field trials are planned this year with major customers, including a leading car rental company and the Port of Long Beach. While the company previously developed a 16 kW generator for telecom markets, market shifts have led to prioritizing higher power capacity markets. The company maintains its aviation and marine vessel charging systems goals but is currently focused on the 150 kW generator deployment.
Aquarius Engines (TASE: AQUA) has successfully raised $10.285 million through a capital raise from private investors, company management, and employees. The investment comes at a 66% premium above market price. The largest investments include $8 million from Elial Schleider and $2 million from Alexander Chernyilovsky, with additional investments from company executives and other stakeholders.
The deal structure includes share allocations and warrant issuances, with exercise prices ranging from $0.97 to $1.1 per share and 18-month validity periods. The company plans to register its shares for NASDAQ trading within 12 months. Aquarius develops innovative systems for generating clean electricity for ultra-fast EV charging, with several significant paid pilots underway in the U.S.
Aquarius has signed a memorandum of understanding with EnviroCharge to conduct a pilot program with one of the world's largest car rental companies. The pilot, scheduled for 2025, will integrate Aquarius's innovative power systems into electric vehicle charging infrastructure, with $150,000 compensation for the pilot. The agreement presents potential for extensive orders during 2026-2027. Aquarius's systems generate clean electricity for ultra-fast EV charging, offering smaller and more efficient solutions compared to existing market options, independent of the electrical grid. This marks Aquarius's fourth pilot in the United States, with the memorandum valid for 18 months or until a final agreement is signed.
TPR, a leading Japanese auto-parts manufacturer, has invested $5 million in Aquarius Engines, furthering their partnership after previous investments. This funding aims to enhance the development and distribution of the Aquarius Engine in Japan and internationally. The investment translates to approximately 489,284 shares at NIS 32.66 per share. TPR joins other notable investors, like Musashi Seimitsu, and the partnership is expected to boost growth, supported by Aquarius Engines' recent contract wins and strategic collaborations.
Aquarius Engines has secured a €5M purchase order for its innovative generators from Tecnoelettra in Italy, marking a pivotal step in its strategic plan. The company aims to provide cleaner, more efficient power solutions with its patented 10kg linear engine, which has proven its efficiency through successful field tests in Northern Italy. Deliveries are expected between October 2022 and 2023, pending acceptance tests. The generators' design prioritizes minimal maintenance and reduced emissions compared to traditional engines, indicating a strong market potential in energy and beyond.
Aquarius Engines has secured board approval for a strategic agreement with Musashi Seimitsu Industry, a Honda affiliate, focusing on R&D, assembly, and distribution of its engines and generators. This agreement is seen as a vital step towards entering the Japanese automotive market. Additionally, Aquarius is establishing a subsidiary in Japan and has formed another partnership with TPR, further strengthening its market presence. With government support for hydrogen technology, Aquarius aims to innovate green energy solutions.
Aquarius Engines has signed a memorandum of understanding with Japan's TPR, focusing on collaboration for the development, production, and supply of automotive parts through a new subsidiary in Japan. TPR, a key player in the automotive sector, may invest at least $5 million in the new entity, enhancing Aquarius's ability to penetrate the Japanese market. The partnership aims to capitalize on Japan's push for hydrogen technologies and leverage TPR's market presence to boost demand for Aquarius's innovative linear engine, known for its efficiency and low emissions.
