Tel Aviv, Israel, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Charging Robotics Inc. (OTC: CHEV) (the "company” or “Charging Robotics”), a technology company engaged in the development, production and installation of wireless charging systems for various applications, today announced the signing of a non-binding Memorandum of Understanding (MOU) with Deliverz.ai Ltd. (“Deliverz”) to explore a collaborative business and technological partnership aimed at developing customized wireless charging systems for Deliverz's ...

Core Insights - Charging Robotics Inc. has made significant progress on its commercial project with Parking Design Ltd., focusing on wireless charging systems for electric vehicles (EVs) [1][2]. Group 1: Project Development - The company received a new purchase order from Parking Design, indicating an expanded scope of work for the deployment of wireless charging systems in automatic parking facilities [2]. - An initial 20% payment has been transferred by the customer, showcasing strong commitment to the project [2]. - Delivery and installation of the expanded systems are scheduled for March 2026 [2]. Group 2: Technological Innovation - Charging Robotics is positioned as an innovator in addressing EV charging challenges in automated environments, where manual cable connections are impractical [3]. - The company's advanced wireless technology allows for efficient charging of multiple EVs simultaneously, utilizing AI and machine learning for optimal energy management [3]. Group 3: Market Demand and Future Outlook - The CEO of Charging Robotics expressed satisfaction with the momentum in the project, highlighting the growing demand for wireless solutions and the validation of the technology's applicability in real-world scenarios [4]. - The collaboration with Parking Design aims to enhance space efficiency, user convenience, and EV integration in automated parking facilities [4].

Core Insights - Wireless charging technology is transforming energy supply and management across various sectors, including healthcare, smart cities, space exploration, industrial robotics, automated transport systems, and electric vehicles [1][2] - The global wireless power market is projected to reach 96 billion RMB by 2026, tripling from 2021 levels, with China's industrial wireless charging market expected to be valued at 5.95 billion RMB by 2025 and growing at a CAGR of 16.66% from 2026 to 2033 [1] Group 1: Technological Advancements - Wireless charging eliminates the need for cables, simplifying energy transmission processes and allowing devices to charge seamlessly when in proximity to a power source [2] - The technology operates similarly to microwave ovens, transmitting energy over distances of 1 to 10 meters, which is particularly advantageous in medical implants and industrial settings where wired connections pose risks [2] - Advanced wireless charging systems utilize technologies like magnetic resonance and beamforming to reduce energy transmission losses and can integrate with renewable energy sources [2] Group 2: Innovative Applications - Indiana, USA, is set to showcase a wireless charging highway in 2024, enabling vehicles to charge while in motion, potentially increasing the adoption of electric vehicles [3] - Ossia's Cota adapter provides wireless charging for all USB devices, while Energous' WattUp technology can transmit power over 5 meters, supporting multiple devices simultaneously [3] - Wi-Charge's LIGHTS device uses infrared light for remote wireless charging, with applications in smart homes and wearable devices [3] Group 3: Challenges and Considerations - Despite its potential, wireless charging technology faces challenges, including concerns about electromagnetic radiation and its impact on human health, necessitating further research [4] - Technical limitations and cost constraints hinder the large-scale application of wireless charging systems, requiring precise engineering and optimization strategies [5] - The integration of wireless charging with existing infrastructure presents additional challenges for engineers [5]

Core Insights - Energous Corporation is experiencing significant commercial and financial momentum due to increasing customer adoption and demand for its wireless power network solutions [1][6] Financial Performance - For Q3 2025, Energous expects to report revenue of approximately $1.3 million, a more than sixfold increase year-over-year and a 31% increase from the previous quarter [2] - This revenue marks the highest quarterly figure since 2015, contributing to a year-to-date revenue of approximately $2.6 million, representing a 237% increase over full-year 2024 revenue [3] - The company anticipates an operational loss between $2.1 million and $2.3 million for Q3 2025, the lowest since 2014, showing improvement from a $2.8 million loss in Q2 2025 [4] Order Backlog and Customer Engagement - Energous has a confirmed order backlog of approximately $4.2 million as of October 10, 2025, driven by major enterprise deployments, including commitments from a Fortune 10 company [6][10] - The Fortune 10 customer has expanded its deployment scope to include nationwide stores, focusing on supply chain modernization [7] Technological Advancements - Energous' end-to-end wireless power solution supports the unique power requirements of ambient IoT, featuring battery-free E-Sense sensors and RF-based energy transmitters [8] - The architecture allows for continuous sensing at scale without the costs and complexities associated with battery maintenance [9] Future Outlook - The company is finalizing plans to launch a new series of wireless power products to enhance its network capabilities and support broader adoption across key verticals [9] - Energous is engaged in proof-of-concept projects with global leaders in various industries, validating its market readiness and scalability [7][10]

Core Viewpoint - The contactless power transfer (CPT) industry in China is experiencing rapid growth due to the widespread application of wireless charging technology in electric vehicles, smart homes, and consumer electronics. The market size is projected to increase from 7 billion yuan in 2020 to 11 billion yuan in 2024, with a compound annual growth rate (CAGR) of 12.0% [1][14]. Group 1: Industry Overview - Contactless power transfer (CPT) refers to the transmission of electrical energy without physical connections, utilizing electromagnetic induction principles [4]. - CPT technology can be categorized into several types, including electromagnetic induction, magnetic resonance coupling, capacitive coupling, and microwave/laser-based power transfer [5]. - The development of the CPT industry in China can be divided into three stages: theoretical exploration before 2010, commercialization in electric vehicles and consumer electronics post-2010, and the establishment of industry standards and policies since 2019 [7]. Group 2: Market Dynamics - The CPT industry is benefiting from the rapid expansion of the electric vehicle market, where reducing charging time is a significant consumer concern. CPT technology offers higher efficiency and flexibility compared to traditional wired charging solutions [14]. - In the smart home sector, CPT technology enhances user experience by improving the interoperability of various devices, addressing power supply issues effectively [14]. - The consumer electronics market is also a major application area for CPT, as it alleviates user burdens and enhances charging safety, contributing to the continuous growth of the contactless power market [14]. Group 3: Competitive Landscape - The CPT industry is characterized by intense competition, particularly among midstream manufacturers and downstream end-users. Major companies include Anker Innovations, Luxshare Precision, and others [16]. - Anker Innovations, established in 2011, is a leading global consumer electronics brand, focusing on smart accessories and hardware, with significant revenue growth in charging solutions [18][19]. - Luxshare Precision is involved in various sectors, including consumer electronics and automotive, and has seen substantial revenue increases in its consumer electronics segment [21]. Group 4: Future Trends - Continuous technological innovation is expected to enhance energy conversion efficiency, transmission distance, and cost-effectiveness in CPT technology [23]. - The application fields of CPT technology are expanding beyond traditional areas to include industrial automation, healthcare, and smart transportation, promising broader market opportunities [24]. - Government policies, such as the regulations issued by the Ministry of Industry and Information Technology in May 2023, aim to promote the healthy development of the CPT industry [25].