Brenmiller to receive milestone-based payments for the sale of the bGen systems, profit sharing from future income generated on the projects, and maintenance and operations service revenue
Transaction provides non-dilutive capital injection as part of capital-efficient growth strategy, powering Brenmiller to advance its broader global project pipeline of commercial opportunities valued at over $500 million
Milestone marks a significant evolution in the relationship between Brenmiller and Baran following the signing of a strategic collaboration agreement in February 2025