Brenmiller Energy Ltd. (BNRG)
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.
| 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 |