Brenmiller Signs System Purchase Agreement with Baran Energy for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center

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]