Electrical Works Completed; Commissioning Expected to Begin Mid-February TEL AVIV, IL / ACCESS Newswire / February 4, 2026 / Brenmiller Energy Ltd. (NASDAQ:BNRG) ("Brenmiller", "Brenmiller Energy" or the "Company"), a provider of thermal energy storage ("TES") solutions for industrial and utility customers, today provided an operational update on its flagship project for Tempo Beverages Ltd. ...

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Murano Global Investments Plc (MRNO) is up 146% at $3.35 [3] - Kustom Entertainment, Inc. (KUST) is up 34% at $2.84 [3] - Ainos, Inc. (AIMD) is up 34% at $2.32 [3] - Stride, Inc. (LRN) is up 29% at $94.10 [3] - Shuttle Pharmaceuticals Holdings, Inc. (SHPH) is up 18% at $2.40 [3] - Battalion Oil Corporation (BATL) is up 16% at $3.83 [3] - C3.ai, Inc. (AI) is up 15% at $14.58 [3] - Lantronix, Inc. (LTRX) is up 14% at $7.87 [3] - Nextpower Inc. (NXT) is up 13% at $120.00 [3] - High Roller Technologies, Inc. (ROLR) is up 7% at $7.56 [3] Premarket Losers - Flora Growth Corp. (FLGC) is down 34% at $7.20 [4] - TEN Holdings, Inc. (XHLD) is down 29% at $2.47 [4] - Global Interactive Technologies, Inc. (GITS) is down 22% at $3.25 [4] - 5E Advanced Materials, Inc. (FEAM) is down 15% at $2.70 [4] - Vyome Holdings, Inc. (HIND) is down 14% at $2.79 [4] - Altimmune, Inc. (ALT) is down 11% at $5.48 [4] - BiomX Inc. (PHGE) is down 10% at $6.22 [4] - Qorvo, Inc. (QRVO) is down 9% at $74.94 [4] - Nuwellis, Inc. (NUWE) is down 9% at $3.45 [4] - Brenmiller Energy Ltd (BNRG) is down 9% at $2.90 [4]

Recognition Honors Leadership Behind a Landmark Clean-Energy Exit and Decades of Industry Impact ROSH HA'AYIN, ISRAEL / ACCESS Newswire / January 9, 2026 / Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq:BNRG), a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, today announced that Avi Brenmiller, Founder and Chief Executive Officer of Brenmiller Energy, has been honored with the Merage DeserTech Industry Leader Awa ...

Core Insights - Brenmiller Energy Ltd. has received multiple recent recognitions for its bGen ZERO technology, including a Gold award in the Energy Storage and Management category from the Edison Awards and being named one of TIME magazine's Best Inventions of 2023 in the Green Energy Category [1] Company Achievements - The bGen ZERO technology, utilized in the State University of New York (SUNY) Purchase campus project, has won the POWER 2025 Commercial & Industrial Generation Award [1]

Financial Performance - Total revenues for the six months ended June 30, 2025, were $387,000, compared to $0 for the same period in 2024[11] - Operating loss for the six months ended June 30, 2025, was $6,572,000, an increase from a loss of $5,375,000 in 2024[11] - Net loss for the six months ended June 30, 2025, was $7,454,000, compared to a net loss of $1,581,000 in 2024, reflecting a significant increase in losses[11] - Basic and diluted loss per ordinary share for the six months ended June 30, 2025, was $(3.79), compared to $(2.25) for the same period in 2024[66] Cash Flow and Liquidity - Cash and cash equivalents decreased to $2,127,000 as of June 30, 2025, down from $4,101,000 at the end of 2024[4] - Cash used in operating activities for the six months ended June 30, 2025, was $5,266,000, compared to $3,864,000 in 2024, reflecting higher operational costs[19] - The company expects to continue incurring losses and negative cash flows until its products reach profitability[28] Assets and Liabilities - Total assets decreased to $9,340,000 as of June 30, 2025, from $11,914,000 at December 31, 2024[4] - Total liabilities increased to $8,147,000 as of June 30, 2025, compared to $7,428,000 at December 31, 2024[7] - Shareholders' equity decreased to $1,193,000 as of June 30, 2025, down from $4,486,000 at the end of 2024[7] Research and Development - Research and development expenses for the six months ended June 30, 2025, were $2,411,000, compared to $1,808,000 in 2024, indicating increased investment in innovation[11] - Research and development expenses increased to $2,411 thousand for the six months ended June 30, 2025, from $1,808 thousand in the same period of 2024, representing a 33% increase[59] Share Issuance and Equity - The company issued 1,061,250 shares during the six months ended June 30, 2025, raising $3,348,000 net of issuance costs[14] - The company has issued 599,711 ordinary shares for a total net consideration of approximately $2,127 thousand during the first half of 2025[45] - The company has a total of 1,965,475 ordinary shares outstanding as of June 30, 2025, reflecting a significant increase in the weighted average number of shares compared to 588,276 in the same period of 2024[66] Operational Developments - The company commenced operations of a new production line in late 2024, facilitating the shift to commercial operations and began producing thermal energy storage systems under sale type lease agreements with two Israeli customers[28] - A joint venture in Spain was established in the second half of 2024, commencing non-significant operations in the first quarter of 2025[26] - The Company has signed a system purchase agreement with Baran Energy for the operational launch of two bGen™ ZERO TES systems, with total milestone payments of $2.8 million during construction and commissioning phases[74] - The Company will retain all intellectual property related to the bGen™ ZERO systems and will continue to provide operations and maintenance services[74] Expenses - General and administrative expenses decreased to $2,075 thousand for the six months ended June 30, 2025, from $2,313 thousand in the same period of 2024, a reduction of 10%[61] - Total share-based compensation expenses for the six months ended June 30, 2025, amounted to $513 thousand, a decrease of 44% from $915 thousand in the same period of 2024[58] - The company recognized $1,855 thousand in cost of revenues for the six months ended June 30, 2025, compared to $408 thousand in the same period of 2024, indicating increased operational costs[58] Financing Activities - Brenmiller Energy Ltd. has taken steps to secure long-term financing, including a Securities Purchase Agreement with Alpha, to support ongoing commercialization efforts[30] - The company entered into a Securities Purchase Agreement with Alpha Capital Anstalt to issue up to $25 million in securities, with an initial closing amount of $1.395 million[70] Currency and Accounting - The company changed its functional currency to the U.S. dollar effective January 1, 2024, from the New Israel Shekel[33] - Current expected credit loss expense was $0 thousand for the six-month period ended June 30, 2025, compared to $289 thousand for the same period in 2024[36] Inventory - The total inventory as of June 30, 2025, was $1,237 thousand, down from $1,568 thousand as of December 31, 2024[43] Unrecognized Expenses - As of June 30, 2025, there is an unrecognized share-based compensation expense of $96 thousand to be recognized over an average remaining vesting period of 1.3 years[50]

Core Insights - The company projects revenues of $1.7 million for 2026 based on execution milestones for the Tempo project [1] - A Systems Purchase Agreement has been signed with Baran Energy for the Tempo and Wolfson projects, which includes milestone-based payments, profit sharing, and service revenues [1] - Brenmiller has deployed 103 MWh in cumulative projects and has a robust global pipeline of commercial opportunities valued at $500 million [1] - The company signed a private placement agreement for up to $25 million in equity financing to support growth [1] Financial Performance - The financial results reported are for the six months ended June 30, 2025 [1] - The company is recognized as a leading global provider of Thermal Energy Storage (TES) solutions for industrial and utility customers [1]

Core Insights - Brenmiller Energy Ltd. is set to receive milestone-based payments for the sale of bGen systems, along with profit sharing from future income generated from these projects and revenue from maintenance and operations services [1] - This transaction provides a non-dilutive capital injection, aligning with Brenmiller's capital-efficient growth strategy and enabling the advancement of its global project pipeline, which is valued at over $500 million [1] - The milestone signifies a significant evolution in the relationship between Brenmiller and Baran Energy Ltd., following the signing of a strategic collaboration agreement in February 2025 [1] Company Overview - Brenmiller Energy Ltd. is recognized as a leading global provider of Thermal Energy Storage (TES) solutions, catering to industrial and utility customers [1] - The collaboration with Baran Energy Ltd. marks a strategic partnership aimed at enhancing operational capabilities and expanding market reach [1]

Commercial Opportunities - Brenmiller's global pipeline of commercial opportunities is valued at over $500 million, supported by a gigafactory expected to produce $200 million worth of bGen™ systems annually at full capacity [2][14]. - Brenmiller's North American commercial pipeline has grown to over $210 million, up from $150 million in June 2024, with specific state and federal grant opportunities identified [10]. - The company secured land rights for a 30 MWh bGen™ system to serve a $2 billion pet food manufacturer in Europe, expected to reduce natural gas use by over 25-30% [7]. - Brenmiller signed a 7-year, $3.55 million agreement with Wolfson Hospital to replace fossil fuel boilers, potentially saving up to $1.3 million in annual energy costs [7]. - The bGen ZTO™ product line is planned for commercial availability in 2026, expanding the total addressable market by $8 billion annually, with projects worth approximately $170 million already in the pipeline [7][4]. Financial Performance - The company reported a net loss of $6.77 million for the year ended December 31, 2024, narrowing by 30% from $9.65 million in the prior year [10]. - Operating loss for the year ended December 31, 2024, was $10.56 million, compared to $9.86 million for the previous year [10]. - Total assets increased by 12% to $11.91 million as of December 31, 2024, primarily due to a $0.92 million increase in cash and cash equivalents [10]. - Brenmiller's cash and cash equivalents increased to $4.13 million as of December 31, 2024, reflecting a net increase of $0.92 million from the previous year [10]. Energy Savings and Environmental Impact - The company achieved a significant milestone with a 30 MWh bGen™ system for Tempo Beverage, projected to save $7.5 million in energy costs over 15 years and reduce carbon emissions by over 6,200 tons annually [3][4].

Technology Development and Commercialization - The company is highly dependent on the successful development, marketing, and sale of its proprietary technology, particularly in the industrial heat sector[49]. - The company is currently demonstrating its technology through development projects and operating pilots with significant customers in Israel and abroad[50]. - Future revenue generation heavily depends on successful development and commercialization of proprietary technology, including TES systems[97]. - The bGen™ technology is designed to electrify heat and reduce carbon emissions, addressing the urgent need for decarbonization in industrial sectors[188][189]. - The company aims to expand its technology into industrial facilities, targeting sectors such as food, beverages, and pharmaceuticals to reduce carbon footprints[204]. Financial Performance and Funding - As of December 31, 2024, the company had an accumulated deficit of $102.2 million and expects to continue incurring losses and negative cash flows until profitability is reached[91]. - The company’s cash and cash equivalents and restricted deposits were $4.13 million as of December 31, 2024, indicating a need for substantial additional funding to continue operations[92]. - The company has not generated significant revenue from its current products and expects to incur operating losses in the future, indicating a lack of profitability potential[95]. - The company anticipates that future funding requirements will depend on various factors, including market conditions and operational changes[92]. - If the company is unable to obtain timely funding, it may need to curtail or discontinue research and development efforts, impacting its business prospects[94]. Operational Risks and Challenges - The company faces risks related to the evolving nature of its Energy as a Service (EaaS) business model, which may introduce operational challenges and require significant management attention[54]. - The company relies on third-party manufacturers and suppliers, making it vulnerable to supply shortages and increased costs, which could negatively impact financial results[58]. - The company is dependent on obtaining and maintaining various permits and certifications across different jurisdictions, which could significantly impact operations if not secured[66]. - The company’s operational success is significantly dependent on the continued employment of key personnel, and the loss of such personnel may adversely affect business execution[52]. - The company may face unexpected maintenance warranty expenses that could reduce profits, as it provides a warranty period of up to 28 months for its TES systems[57]. Market Expansion and Competition - The company has expanded operations in certain European territories through a joint venture and plans further expansion into other markets in Europe and the U.S. through third-party distribution agreements[72]. - The company may face challenges in establishing and expanding operations in new markets due to limited experience and potential competition from local companies[72]. - The company is exploring projects in Spain to produce over 100,000 tons of green methanol annually through partnerships with Green Enesys and Viridi RE[230]. - A joint venture, Brenmiller Europe, was formed to distribute bGen™ products in Spain, Hungary, Germany, and Portugal, with the company holding 60% of the shares[236]. Regulatory and Compliance Issues - The company is dependent on obtaining and maintaining various permits and certifications across different jurisdictions, which could significantly impact operations if not secured[66]. - Changes in environmental laws and regulations, including potential impacts from the Inflation Reduction Act, could affect the company’s revenue generation capabilities[79]. - The company anticipates incurring significant additional costs related to compliance with U.S. regulations, including those under the Sarbanes-Oxley Act, which may impact its financial condition[154]. - The company is subject to less stringent disclosure requirements as a foreign private issuer, which may result in less protection for investors compared to domestic U.S. registrants[147]. Intellectual Property and Litigation - The company’s ability to protect its intellectual property is crucial for competitive positioning, as failure to do so may harm business operations[111]. - The company may face substantial litigation expenses and resource diversion due to potential infringement claims from third parties[119]. - The company faces risks related to the enforcement of its patents in foreign jurisdictions, which may not favor patent protection[128]. - The company may be subject to litigation that could adversely affect its operations and financial results[74]. Environmental and Social Impact - Industrial heat accounts for two-thirds of industrial energy demand and nearly one-fifth of global energy consumption, highlighting the need for renewable solutions[205]. - The bGen™ ZERO TES system for Tempo is expected to eliminate approximately 2,000 tons of heavy fuel usage annually, mitigating over 6,200 tons of carbon emissions and saving Tempo an estimated $7.5 million over 15 years[213]. - The company has completed its first bGen™ installation at SUNY, which is expected to eliminate approximately 550 metric tons of greenhouse gas emissions annually[218]. Strategic Partnerships and Agreements - The company signed an agreement with Wolfson Medical Center for a TES System valued at approximately NIS 11.9 million (about $3.3 million) over seven years[215]. - A non-binding term sheet was signed with a major utility company to accelerate electrification using renewable energies, addressing a global need for net-zero heat estimated at USD $1.7 - $3.6 trillion[231]. - A distribution agreement with Rock Energy Storage LLC was established, projecting cumulative sales milestones exceeding $150 million over 5 years for bGen™ thermal energy storage systems[233]. - A 12-year EaaS agreement was signed with Partner in Pet Food Hungaria KFT to deliver low-cost steam, with project financing expected to be secured by the end of 2025[235]. Currency and Economic Factors - Approximately 73% of expenses were denominated in NIS for the year ended December 31, 2024, compared to 78% for 2023[164]. - The appreciation of the NIS against the dollar was 0.6% for 2024 and 3.1% for 2023, indicating exposure to currency fluctuations[164]. - The company does not use derivative financial instruments to mitigate foreign exchange risks, which may lead to challenges in managing currency exposures[166]. Management and Governance - The company’s management team has limited experience managing a publicly traded company in the U.S., which may affect its ability to comply with regulatory obligations[75]. - As of March 4, 2025, the company's officers and directors beneficially own approximately 12.56% of its Ordinary Shares, allowing them significant control over shareholder matters[139]. - The company has never paid cash dividends and does not anticipate doing so in the foreseeable future[141].

Miami, Florida--(Newsfile Corp. - November 7, 2024) - Brenmiller Energy (NASDAQ: BNRG) is blazing a trail in the thermal energy storage (TES) sector, where the demand for clean, reliable energy solutions is red hot- literally. With revolutionary technology, a strong track record, and a growing portfolio of strategic partnerships, Brenmiller has positioned itself to capitalize. Recently, Brenmiller released its 2023-2024 Environmental, Social, and Governance (ESG) report, a potent testament to its commitmen ...