ZOOZ Power’s Kinetic Power Booster Powers Ultra-Fast EV Charging at New York Power Authority Work Site in Upstate New York
ZOOZ Power (Nasdaq and TASE: ZOOZ) has successfully deployed its ZOOZTER™-100 kinetic power booster at a New York Power Authority (NYPA) work site in Marcy, N.Y., marking its first U.S. utility deployment. The system enhances ultra-fast EV charging capabilities in grid-constrained locations.
The installation, partnered with NYPA, actively boosts grid power and efficiency at the site's high-power EV charging station, enabling faster charging for NYPA fleet vehicles. The ZOOZTER™-100 utilizes advanced flywheel technology to deliver high-power bursts to chargers without straining the local grid, offering a sustainable and cost-effective solution for expanding charging infrastructure.
ZOOZ Power and NYPA are monitoring the site's performance to optimize operations and evaluate potential expansion to additional locations. This deployment represents a significant milestone in ZOOZ Power's North American expansion strategy and its mission to provide sustainable EV charging solutions globally.
ZOOZ Power (Nasdaq e TASE: ZOOZ) ha implementato con successo il suo ZOOZTER™-100, un potenziatore di energia cinetica, in un cantiere della New York Power Authority (NYPA) a Marcy, N.Y., segnando il suo primo dispiegamento in un'utility statunitense. Il sistema migliora le capacità di ricarica ultra-rapida per veicoli elettrici (EV) in luoghi con restrizioni di rete.
L'installazione, realizzata in collaborazione con NYPA, aumenta attivamente la potenza e l'efficienza della rete presso la stazione di ricarica ad alta potenza per EV del sito, consentendo una ricarica più rapida per i veicoli della flotta NYPA. Il ZOOZTER™-100 utilizza una tecnologia avanzata di volano per fornire esplosioni di alta potenza ai caricabatterie senza sovraccaricare la rete locale, offrendo una soluzione sostenibile ed economica per l'espansione delle infrastrutture di ricarica.
ZOOZ Power e NYPA stanno monitorando le prestazioni del sito per ottimizzare le operazioni e valutare una possibile espansione in ulteriori località. Questo dispiegamento rappresenta un traguardo significativo nella strategia di espansione di ZOOZ Power in Nord America e nella sua missione di fornire soluzioni di ricarica per veicoli elettrici sostenibili a livello globale.
ZOOZ Power (Nasdaq y TASE: ZOOZ) ha implementado con éxito su ZOOZTER™-100, un potenciador de energía cinética, en un sitio de trabajo de la New York Power Authority (NYPA) en Marcy, N.Y., marcando su primer despliegue en una utility de EE. UU. El sistema mejora las capacidades de carga ultra-rápida para vehículos eléctricos (EV) en ubicaciones con restricciones de red.
La instalación, realizada en asociación con NYPA, aumenta activamente la potencia y eficiencia de la red en la estación de carga de alta potencia para EV del sitio, permitiendo una carga más rápida para los vehículos de la flota de NYPA. El ZOOZTER™-100 utiliza tecnología avanzada de volante para entregar ráfagas de alta potencia a los cargadores sin sobrecargar la red local, ofreciendo una solución sostenible y rentable para expandir la infraestructura de carga.
ZOOZ Power y NYPA están monitoreando el rendimiento del sitio para optimizar las operaciones y evaluar una posible expansión a ubicaciones adicionales. Este despliegue representa un hito significativo en la estrategia de expansión de ZOOZ Power en América del Norte y su misión de proporcionar soluciones de carga sostenible para EV a nivel global.
ZOOZ Power (Nasdaq 및 TASE: ZOOZ)는 뉴욕 마르시의 뉴욕 전력청(NYPA) 작업 현장에 ZOOZTER™-100 운동 에너지 부스터를 성공적으로 배치하여 미국 유틸리티 배치의 첫 번째 사례를 기록했습니다. 이 시스템은 전력망이 제한된 위치에서 초고속 전기차(EV) 충전 기능을 향상시킵니다.
NYPA와 협력하여 설치된 이 시스템은 현장 고출력 EV 충전소에서 전력망의 전력과 효율성을 적극적으로 높이며, NYPA 플릿 차량의 빠른 충전을 가능하게 합니다. ZOOZTER™-100은 고급 플라이휠 기술을 활용하여 지역 전력망에 부담을 주지 않고 충전기에 고출력의 순간적인 전력을 제공합니다. 이는 충전 인프라 확장을 위한 지속 가능하고 비용 효율적인 솔루션을 제공합니다.
ZOOZ Power와 NYPA는 현장 성능을 모니터링하여 운영을 최적화하고 추가 위치로의 확장 가능성을 평가하고 있습니다. 이 배치는 ZOOZ Power의 북미 확장 전략에서 중요한 이정표를 나타내며, 전 세계적으로 지속 가능한 EV 충전 솔루션을 제공하려는 미션의 일환입니다.
ZOOZ Power (Nasdaq et TASE : ZOOZ) a déployé avec succès son ZOOZTER™-100, un amplificateur d'énergie cinétique, sur un site de travail de la New York Power Authority (NYPA) à Marcy, N.Y., marquant son premier déploiement dans une utility aux États-Unis. Le système améliore les capacités de recharge ultra-rapide pour les véhicules électriques (EV) dans des endroits soumis à des contraintes de réseau.
L'installation, réalisée en partenariat avec NYPA, augmente activement la puissance et l'efficacité du réseau à la station de recharge haute puissance du site, permettant une recharge plus rapide pour les véhicules de la flotte NYPA. Le ZOOZTER™-100 utilise une technologie avancée de volant d'inertie pour fournir des éclats de haute puissance aux chargeurs sans surcharger le réseau local, offrant une solution durable et économique pour l'expansion de l'infrastructure de recharge.
ZOOZ Power et NYPA surveillent les performances du site pour optimiser les opérations et évaluer une éventuelle expansion vers d'autres emplacements. Ce déploiement représente une étape significative dans la stratégie d'expansion nord-américaine de ZOOZ Power et sa mission de fournir des solutions de recharge pour EV durables à l'échelle mondiale.
ZOOZ Power (Nasdaq und TASE: ZOOZ) hat erfolgreich seinen ZOOZTER™-100 kinetischen Energiebooster an einem Arbeitsstandort der New York Power Authority (NYPA) in Marcy, N.Y. installiert, was den ersten Einsatz in einer US-Energieversorgungsunternehmen markiert. Das System verbessert die ultra-schnellen Ladefähigkeiten für Elektrofahrzeuge (EV) an Standorten mit Netzbeschränkungen.
Die Installation, die in Partnerschaft mit NYPA erfolgt ist, steigert aktiv die Netzleistung und Effizienz an der Hochleistungs-EV-Ladestation des Standorts und ermöglicht eine schnellere Aufladung für die NYPA-Flottenfahrzeuge. Der ZOOZTER™-100 nutzt fortschrittliche Schwungradtechnologie, um hohe Leistungsspitzen an die Ladegeräte zu liefern, ohne das lokale Netz zu belasten, und bietet eine nachhaltige und kosteneffiziente Lösung zur Erweiterung der Ladeinfrastruktur.
ZOOZ Power und NYPA überwachen die Leistung des Standorts, um den Betrieb zu optimieren und eine mögliche Erweiterung auf weitere Standorte zu bewerten. Dieser Einsatz stellt einen bedeutenden Meilenstein in der Expansionsstrategie von ZOOZ Power in Nordamerika dar und ist Teil seiner Mission, weltweit nachhaltige EV-Ladelösungen anzubieten.
- First successful U.S. utility market deployment, opening doors for expansion
- Strategic partnership with major utility NYPA
- Technology demonstrates practical solution for grid-constrained locations
- System actively operating and delivering promised capabilities
- to single deployment site currently
- Performance metrics and financial impact not yet disclosed
Insights
ZOOZ Power's deployment at the NYPA site tackles a critical bottleneck in EV infrastructure expansion. The ZOOZTER-100 employs an elegant engineering solution to grid constraints through kinetic energy storage using flywheels, rather than traditional chemical batteries.
This approach enables ultra-fast charging capabilities (100+ kW) in locations where the electrical grid lacks sufficient capacity, without requiring costly substation upgrades or demand charges. For utilities like NYPA, this represents a cost-effective path to expand charging infrastructure, particularly in remote or capacity-constrained areas.
The system's value proposition extends beyond merely boosting power - it incorporates energy management capabilities that optimize load distribution and potentially provide grid services. This positions the technology as part of the broader grid-edge infrastructure necessary for electric mobility adoption.
This first utility deployment is significant as power authorities like NYPA serve as both technology validators and potential channel partners. Successfully demonstrating performance at this site could accelerate ZOOZ's market penetration across other utility territories facing similar grid constraint challenges for EV infrastructure deployments.
This NYPA deployment represents a key strategic milestone for ZOOZ Power, providing crucial commercial validation in the U.S. market. For a company with
The EV charging infrastructure market faces a fundamental challenge: grid constraints limit deployment of ultra-fast charging in many locations, creating a bottleneck for broader EV adoption. ZOOZ's flywheel-based solution addresses this specific pain point with a differentiated technology approach compared to battery-based competitors.
While the announcement lacks financial details or deployment scale, this should be viewed as an initial beachhead rather than immediate revenue significance. The true value lies in establishing a footprint with a major U.S. utility that could lead to expanded deployments based on performance data.
For investors, this represents tangible progress in ZOOZ's U.S. market entry strategy. The partnership with NYPA provides both validation and a potential channel for broader deployment if performance metrics meet expectations. However, further commercial traction and deployment expansion will be critical to justify any significant valuation impact for this early-stage clean technology provider.
Tel-Aviv, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems enabling ultra-fast EV charging solutions, is successfully operating its ZOOZTER™-100 kinetic power booster at a New York Power Authority (NYPA) work site in Marcy, N.Y. This, the first deployment of ZOOZ Power’s technology in a power utility in the United States is a significant step toward accelerating the adoption of ultra-fast EV charging in locations with grid constraints.
The ZOOZTER™-100 system, installed in partnership with NYPA, is now actively boosting the grid power and efficiency at the site’s high-power EV charging station. This enables faster and more accessible charging for NYPA fleet and other electric vehicles, delivers extra power to the grid, and intelligently manages the energy distribution with its energy management solution. By leveraging advanced flywheel technology, the system delivers high-power bursts to chargers without placing excessive strain on the local grid, demonstrating a sustainable and cost-effective solution for expanding charging infrastructure.
ZOOZ Power and NYPA are closely monitoring the site’s performance to optimize operations and assess the potential for broader implementation at additional locations.
Launching this first U.S. deployment in the utility market marks an important step in ZOOZ Power’s expansion in North America and its mission to provide high-power, sustainable EV charging solutions worldwide.
"We are thrilled to see our ZOOZTER™-100 in action at this New York Power Authority site and to be able to contribute to the expansion of ultra-fast charging capabilities in New York," said Erez Zimerman, CEO at ZOOZ Power. "This successful site showcases our commitment to supporting the transition to cleaner transportation with innovative, energy-efficient solutions. The ZOOZTER100’s operation demonstrates how it can assist companies to deploy ultra-fast charges without gird limitations."
Alan Ettlinger, NYPA Senior Director of Research, Technology Development and Innovation said, “The integration of ZOOZ Power’s kinetic power boosting technology at our Marcy site is an example of offsetting grid limitations. As we look to further expand EV fast charging in New York State, it is increasingly important to employ innovative solutions that demonstrate flexibility and reliability."
About ZOOZ Power
ZOOZ is a leading provider of flywheel-based power boosting and energy management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.
ZOOZ pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.
ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ is publicly traded on NASDAQ and TASE under the ticker ZOOZ
For more information, please visit: www.zoozpower.com/
Investor Contact:
Miri Segal – CEO
MS-IR LLC
msegal@ms-ir.com
Media enquiries:
Media@zoozpower.com
Forward-Looking Statement
This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and NYPA (including the performance, benefits and potential outcome of the installation and launch of the ZOOZTER™-100 system at the NYPA work site in Marcy, N.Y. and of the collaboration between the parties) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the limited operating history and evolving business model that make it difficult for investors to evaluate ZOOZ Power’s business and future prospects, material weaknesses identified in ZOOZ Power’s internal control over financial reporting and the potential results of ZOOZ Power being unable to remediate these material weaknesses, or identify additional material weaknesses in the future or otherwise failure to maintain an effective system of internal control over financial reporting, ZOOZ Power’s management’s determination that substantial doubt exists about the continued existence of ZOOZ Power as a “going concern”, changes to fuel economy standards or changes to governments’ regulations and policies in relation to environment or the success of alternative fuels which may negatively impact the EVs market and thus the demand for ZOOZ Power’s products, delays in deployment of public ultra-fast charging infrastructure which may limit the need and urgency for ZOOZ Power’s products, the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution, and conditions in Israel and in the Middle East, including the effect of the evolving nature of the ongoing “Swords of Iron” war, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.
FAQ
What is the significance of ZOOZ Power's ZOOZTER-100 deployment at NYPA's Marcy site?
How does ZOOZ Power's ZOOZTER-100 technology improve EV charging capabilities?
What are the expansion plans for ZOOZ Power's charging technology in New York?
What market impact could the NYPA partnership have on ZOOZ stock (ZOOZ)?
