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PRF Technologies Ltd. Announces Commercial Collaboration Agreement with Blade Ranger to Accelerate Large-Scale DeepSolar Commercial Engagements
Globenewswire· 2026-03-17 12:30
Core Insights - PRF Technologies Ltd. has entered a commercial collaboration agreement with Blade Ranger Ltd. to enhance the expansion of its DeepSolar platform in utility-scale solar portfolios [1][2][7] - The agreement aims to facilitate multiple large-scale commercial engagements, each with a minimum capacity of 150 megawatts (MW), indicating significant potential for enterprise-level deployments [2] Company Overview - PRF Technologies focuses on AI-driven energy optimization technologies through its DeepSolar platform, which aims to improve solar asset performance and operational efficiency [5][11] - DeepSolar's platform utilizes AI-driven analytics to enhance energy production forecasting, reduce imbalance risk, and support participation in competitive electricity markets [5][6] - The company is also involved in pharmaceutical programs aimed at providing prolonged post-surgical pain relief, showcasing a dual business model in healthcare and sustainable energy [11] Industry Context - The global solar market is experiencing substantial growth, with hundreds of billions of dollars invested annually in new capacity, creating a demand for improved efficiency and profitability among utility-scale operators [6] - Utility-scale solar operators are increasingly adopting digital asset-management and AI-based optimization platforms to enhance margins and maximize asset value [6] - The partnership with Blade Ranger is expected to position DeepSolar favorably in the competitive landscape, as operators seek performance optimization and revenue predictability [4][7]
PRF Technologies’ DeepSolar Announces its First Commercial Due Diligence Engagement with EDF Power Solutions Israel, a Global Leader in Renewable Energy
Globenewswire· 2026-02-18 14:15
Core Insights - PRF Technologies Ltd. has entered into a solar analytics services agreement with EDF Group's subsidiary for a utility-scale solar power plant in Israel, marking a significant milestone in DeepSolar's strategy and a new revenue opportunity following the launch of Smart TDD [1][2] Group 1: Agreement and Engagement - The agreement involves a technical due diligence (TDD) engagement, focusing on the analysis of historical and operational data of the solar plant [2] - DeepSolar's Smart TDD service will be utilized to conduct a structured, independent technical review of the solar asset [2][3] Group 2: Service Features and Applications - Smart TDD applies analytics to operational data to produce structured outputs for both technical teams and senior management, aiding in informed decision-making [4] - The service supports various use cases throughout a solar asset's lifecycle, including commissioning, warranty expiry assessments, underperformance diagnostics, and asset acquisition evaluations [8] Group 3: Company Overview and Technology - DeepSolar specializes in advanced digital asset management technologies for utility-scale solar plants, utilizing AI-driven algorithms to convert complex operational data into actionable insights [6] - The company is part of the NVIDIA Connect program, emphasizing its commitment to innovation in AI-powered renewable energy solutions [6]
PRF Technologies Wins Another European Utility-Scale Solar Deployment, Expanding DeepSolar's Installed Commercial Base
Globenewswire· 2026-02-11 13:30
Core Viewpoint - PRF Technologies has signed a SaaS agreement with Shikun & Binui Energy for the deployment of its DeepSolar platform at the 71 MW Satu Mare photovoltaic site in Romania, marking a significant step in the commercial rollout of its solar analytics solutions [1][2][5]. Group 1: Agreement Details - The Satu Mare project is a utility-scale solar plant that will utilize DeepSolar for continuous analytics and performance monitoring, enhancing operational visibility and supporting proactive asset management [2][3]. - This agreement signifies a commercial SaaS deployment, moving beyond pilot programs to support ongoing plant operations [2]. Group 2: Company Background - Shikun & Binui Energy is the renewable-energy subsidiary of Shikun & Binui Ltd., a leading infrastructure and construction group in Israel, with extensive experience in various sectors including energy and real estate [3]. - The deployment at Satu Mare reflects Shikun & Binui Energy's expansion in European renewable-energy markets, particularly in Romania [3]. Group 3: DeepSolar Platform - DeepSolar employs advanced analytics and machine-learning techniques to analyze operational data from solar plants, identifying performance trends and operational anomalies [4]. - The platform aims to support informed decision-making under varying market and grid conditions, enhancing asset performance and maximizing long-term value [5][7]. Group 4: Strategic Initiatives - PRF Technologies is expanding DeepSolar's capabilities, including the launch of Smart TDD for technical due diligence and the development of DeepSolar Predict for forecasting energy production [6]. - The company has filed a patent application related to plant-level micro-climate modeling, strengthening its intellectual property in solar analytics [6]. Group 5: Market Positioning - PRF Technologies aims to scale DeepSolar as a recurring SaaS platform for renewable-energy owners and financial stakeholders across European and international solar markets [7].
PRF Technologies Wins Another European Utility-Scale Solar Deployment, Expanding DeepSolar’s Installed Commercial Base
Globenewswire· 2026-02-11 13:30
Core Insights - PRF Technologies has signed a SaaS agreement with Shikun & Binui Energy for the deployment of its DeepSolar platform at a 71 MW solar project in Romania, marking a significant step in the commercial rollout of its services in the European renewable energy market [1][2][5] Company Overview - Shikun & Binui Energy is a subsidiary of Shikun & Binui Ltd., a leading Israeli infrastructure and construction group with extensive experience in various sectors including energy and real estate [3] - PRF Technologies focuses on AI-driven energy optimization technologies and has a dual business model that includes both pharmaceutical programs and renewable energy solutions [10] Product and Technology - DeepSolar utilizes advanced analytics and machine learning to analyze operational data from solar plants, aiming to enhance performance monitoring and decision-making [4][8] - The platform is designed to identify performance trends, detect anomalies, and support asset management throughout the operational life of solar projects [2][4] Market Strategy - The agreement with Shikun & Binui Energy reflects PRF Technologies' strategy to scale DeepSolar as a recurring SaaS platform for renewable energy operators and financial stakeholders in Europe and beyond [7] - Recent initiatives include the launch of Smart TDD for technical due diligence and the development of DeepSolar Predict for forecasting energy production [6]
PainReform Stock Spikes As It Rebrands, Expands Beyond Pharma With AI, Clean Energy Push
Benzinga· 2026-01-16 16:39
Core Viewpoint - PainReform Ltd. has changed its name to PRF Technologies Ltd. to better reflect its expanding portfolio, which now includes specialty pharmaceuticals and AI-driven renewable energy analytics [1][2]. Company Developments - The company is advancing its non-opioid postoperative pain therapy, PRF-110, and developing new products like OcuRing-K, a dropless ocular therapy for cataract surgery [3]. - PRF Technologies has established a presence in the renewable energy sector with DeepSolar, an AI-driven analytics platform for solar assets, which is moving into early commercial deployment [6]. Clinical and Preclinical Studies - In a phase 1 study, no treatment-emergent adverse events related to the study drug were observed, and no serious adverse events were reported [4]. - Preclinical rabbit studies showed favorable local tolerability for OcuRing-K, with no evidence of ocular tissue abnormalities [5]. Stock Performance - PRFX stock is currently trading 21.12% above its 20-day simple moving average (SMA) and 12.9% above its 100-day SMA, indicating short-term strength [7]. - Over the past 12 months, shares have decreased by 60.93% and are closer to their 52-week lows than highs [7]. - The stock is up 47.72% at $1.22 at the time of publication [12]. Technical Indicators - The RSI is at 47.81, indicating neutral territory, while the MACD is above its signal line, suggesting bullish momentum [7][8]. - Benzinga Edge scorecard indicates a "High-Flyer" setup with a momentum score of 83, but a low value score of 4 warns that the stock is priced for perfection [9][11].
PainReform’s LayerBio’s Drop-Less OcuRing™-K Delivery Platform Demonstrates Favorable Safety Profile in Preclinical and Phase I Clinical Studies
Globenewswire· 2026-01-12 14:00
Core Insights - PainReform Ltd. has announced positive safety data from Phase I human studies and preclinical evaluations of its OcuRing™-K platform, which supports its advancement toward Investigational New Drug (IND) submission [1][6] Group 1: Safety and Efficacy - The development program included preclinical rabbit studies and a Phase I clinical study in patients undergoing cataract surgery, demonstrating a favorable safety profile for the OcuRing™-K platform [2] - In the Phase I clinical study, no treatment-emergent adverse events related to the study drug were observed, and all reported adverse events were consistent with cataract surgery expectations [3] - Preclinical studies showed favorable local tolerability with no ocular tissue abnormalities, supporting consistent safety findings across both preclinical and clinical evaluations [4] Group 2: Product Features and Development - OcuRing™-K is designed for targeted, sustained release of non-steroidal anti-inflammatory drugs (NSAIDs) and corticosteroids through a single intraoperative application, utilizing a preservative-free formulation [5] - The company is advancing IND-enabling activities, with preparations underway to support the next phase of clinical evaluation in the United States [6] Group 3: Company Overview - PainReform Ltd. focuses on reformulating established therapeutics for post-operative pain management and aims to improve patient outcomes while reducing reliance on opioids [7]
PainReform Confirms the Ability of Its LayerBio Drop-Less Sustained-Release Ocular Platform to Accommodate Multiple Drug Entities
Globenewswire· 2025-12-10 13:30
Core Insights - PainReform Ltd. has completed an R&D assessment of LayerBio's drop-less, sustained-release ocular drug-delivery platform, confirming its potential to reduce or eliminate reliance on medicated eye drops for cataract patients [1][4] - The platform has successfully incorporated corticosteroids and NSAIDs, indicating its technical feasibility for multi-drug delivery [2] - The OcuRing, a pre-fabricated device, allows for sustained-release drug delivery during cataract surgery, improving patient comfort and compliance, particularly among elderly patients [3] Company Overview - PainReform Ltd. focuses on reformulating established therapeutics and developing AI-driven energy optimization technologies through its DeepSolar platform, reflecting a strategic commitment to healthcare and sustainable energy [5] - The company's pharmaceutical programs utilize a proprietary extended-release drug-delivery system aimed at providing prolonged post-surgical pain relief while minimizing the need for repeated dosing and reducing reliance on opioids [5]
PainReform Ltd. enters into a Strategic Investment Agreement to Expand its Non-Opiate Pain Management Pipeline into Opthamology with LayerBio
Globenewswire· 2025-07-10 12:30
Core Insights - PainReform Ltd. has signed a strategic investment agreement with LayerBio Inc. to expand into the ophthalmology market, targeting the high-volume cataract surgery segment with a new drug delivery platform [1][2][5] - LayerBio's lead product, OcuRing™-K, is a sustained-release intraocular ring designed to deliver anti-inflammatory and analgesic agents post-cataract surgery, potentially replacing traditional eye drops [3][4] - The investment agreement includes an initial investment of $600,000, with a total commitment of $3 million contingent on achieving specific milestones [4][5] Company Overview - PainReform focuses on reformulating established therapeutics and developing AI-driven energy optimization technologies through its DeepSolar platform [7][8] - The company aims to provide prolonged post-surgical pain relief while minimizing opioid reliance through its proprietary extended-release drug-delivery system [8] Market Opportunity - Approximately 3 million cataract surgeries are performed annually in the United States, presenting a significant clinical and commercial opportunity for OcuRing-K [3] - The strategic investment aligns with PainReform's mission to broaden its non-opiate pain management pipeline in high-need surgical markets [5][6] Leadership and Management - Dr. Ken Mandell, a recognized leader in sustained-release drug delivery and founder of LayerBio, will continue to lead the company [5][6] - Dr. Mandell has a strong background in ophthalmology and biotechnology, holding over 15 U.S. patents and contributing to numerous clinical trials [5]