GlobeNewswire News Room·2025-03-24 13:25Core Insights - ZOOZ Power has successfully deployed its ZOOZTER-100 kinetic power booster at a New York Power Authority (NYPA) work site, marking its first technology implementation in a U.S. power utility, which is a significant advancement for ultra-fast EV charging adoption in grid-constrained areas [1][3] Group 1: Technology and Deployment - The ZOOZTER-100 system enhances grid power and efficiency at a high-power EV charging station, facilitating faster charging for NYPA's fleet and other electric vehicles while intelligently managing energy distribution [2][4] - The flywheel technology utilized by ZOOZ Power allows for high-power bursts to chargers without overloading the local grid, presenting a sustainable and cost-effective solution for expanding charging infrastructure [2][6] Group 2: Strategic Importance - The collaboration with NYPA is being closely monitored to optimize operations and evaluate the potential for broader implementation at additional sites, indicating ZOOZ Power's strategic focus on expanding its presence in North America [3][4] - The deployment at NYPA exemplifies ZOOZ Power's commitment to supporting the transition to cleaner transportation through innovative energy-efficient solutions [4][5] Group 3: Company Overview - ZOOZ Power specializes in flywheel-based power boosting and energy management solutions, aimed at overcoming existing grid limitations to enable widespread ultra-fast charging infrastructure for electric vehicles [5][6] - The company's technology is designed to improve utilization rates, efficiency, flexibility, and accelerate revenue and profitability growth for its customers and partners [7]