Brenmiller Energy Ltd. (BNRG)

NASDAQ: BNRG · IEX Real-Time Price · USD
3.51
+0.08 (2.33%)
Jun 30, 2022 3:45 PM EDT - Market closed

Company Description

Brenmiller Energy is a technology company that develops, produces, markets and sells TES (Thermal Energy Storage) systems based on our proprietary and patented bGen™ technology.

The use of our technology enables better renewable integration, increases energy efficiency and reduces carbon emissions by allowing constant and reliable energy while stabilizing the intermittent nature of renewable sources.

We have developed our bGen™ technology over the last eight years and have tested it across three generations of demonstration units at various sites globally.

Our bGen™ technology uses crushed rocks to store heat at temperatures of up to 1400˚ Fahrenheit and is comprised of three key elements inside one unit: thermal storage, heat exchangers, and a steam generator.

The use of crushed rock as a means of storage results in no hazardous challenges to the environment and enhances system durability so that even after tens of thousands of charge and discharge cycles, the storage material does not need to be replaced because the storage material does not suffer from degradation in performance.

Additionally, the bGen™ technology can be charged by multiple heat sources. The TES system is capable of being implemented into both power plants and industrial facilities.

Its applications may vary, but include, and are not limited to, the use in recovering wasted heat in production processes, solar thermal power plants, cogeneration plants, and the electrification of heat.

The TES system is passive, meaning that it can function with no moving parts, motors or chemical materials that change their accumulation state and, therefore, has relatively low maintenance and operating requirements compared to other energy storage solutions.

Brenmiller Energy Ltd.
Country Israel
Founded 2012
IPO Date May 24, 2022
Industry Utilities-Renewable
Sector Utilities
Employees 70
CEO Avraham Brenmiller

Contact Details

Address:
13 Amal St. 4th Floor, Park Afek
Rosh Haayin 4809249
Israel
Phone 972 77 693 5140
Website bren-energy.com

Stock Details

Ticker Symbol BNRG
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency US Dollars
IPO Price $5.18
CIK Code 1901215
ISIN Number IL0011415309

Key Executives

Name Position
Abraham Brenmiller Chief Executive Officer and Chairman
Ofir Zimmerman Chief Financial Officer
Nir Brenmiller Chief Operating Officer and Director
Rami Ezer Chief Technology Officer
Doron Brenmiller Chief Business Officer and Director
Avi Sasson Executive Vice President ? Operation
Niv Gal Head of Procurement and Supply Chain
Alex Chanin Controller

Latest SEC Filings

Date Type Title
Jun 21, 2022 SC 13G Statement of acquisition of beneficial ownership by individuals
Jun 21, 2022 6-K Report of foreign issuer [Rules 13a-16 and 15d-16]
Jun 1, 2022 6-K Report of foreign issuer [Rules 13a-16 and 15d-16]
May 25, 2022 424B3 Prospectus [Rule 424(b)(3)]
May 25, 2022 SC 13G Statement of acquisition of beneficial ownership by individuals
May 24, 2022 6-K Report of foreign issuer [Rules 13a-16 and 15d-16]
May 20, 2022 EFFECT Notice of Effectiveness
May 18, 2022 CERT Certification by an exchange approving securities for listing
May 17, 2022 8-A12B Registration of securities [Section 12(b)]
May 17, 2022 CORRESP Correspondence