The Electricity Authority has approved the Company’s request to extend a milestone in the Rotem 1 conditional license by 8 additional months
Response – Considering alternatives for investment in the Company, including with a group headed by Barenboim; also considering capital raising
Approval granted for an application to register a patent in Europe in connection with the integrated thermal energy storage based on the performance of three functions
Update regarding the streamlining program to reduce expenses and obtain financing to complete the Rotem 1 project
Brenmiller (controlling shareholder) transferred approximately NIS 400,000 to the company in accordance with the terms of the loan dated 9/17/18
Expiration of the non-binding MOU for receipt of a bridge loan from a private fund; in efforts to reach agreements