SUNBOX Industry Max
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Turbo Energy Achieves 51% Improvement in Net Results for First Half 2025 Financial Performance
Globenewswire· 2025-11-05 13:00
Core Insights - Turbo Energy S.A. reported a 51.2% improvement in net results for the first half of 2025, alongside a new $53 million industrial contract, indicating strong financial performance and commercial momentum [1][6][7] Financial Performance - The net loss decreased to €1.40 million, or €0.03 per ordinary share, from a net loss of €2.86 million, or €0.05 per ordinary share, reflecting progress toward profitability [6] - Total revenue increased to €5.51 million, up from €4.95 million, driven by the growing market adoption of SUNBOX smart energy storage systems [6] Operational Highlights - The company secured two milestone contracts in September 2025, including a significant agreement to supply energy storage solutions for Uber's electric vehicle fleet in Spain [7] - Turbo Energy launched SUNBOX Home Lite and SUNBOX Industry Max, expanding its product portfolio to cater to residential and industrial energy storage needs [4][5] Geographic and Market Expansion - The company is executing a global expansion strategy, establishing Turbo Energy Solutions to launch a Battery-as-a-Service model in Latin America [8] - Turbo Energy has secured certifications for its products, positioning itself to enter the U.S. residential solar storage market [8] Innovation and Technology Development - The company received a patent for its proprietary system that integrates energy storage with photovoltaic generation, enhancing energy efficiency and grid flexibility [10] Leadership and Governance - In October 2025, Turbo Energy appointed Lucia Tamarit as Chief Financial Officer and welcomed Julian Groves to its Board of Directors, enhancing its leadership team [11] Future Outlook - The company is focused on driving profitable growth, scaling its global presence, and leading the transition toward intelligent, sustainable electrification [13]
Turbo Energy Expands its C&I Energy Storage Portfolio with the Launch of Sunbox Industry Max
Globenewswire· 2025-10-08 13:00
Core Insights - Turbo Energy S.A. has launched SUNBOX Industry Max, a 5 MWh energy storage system tailored for electro-intensive industries, along with a customized AI-driven software service for optimizing industrial energy operations [1][2][3] Product Overview - SUNBOX Industry Max features a modular and configurable design that supports various deployment architectures, allowing customization based on specific energy profiles [2] - The system integrates with Turbo Energy's AI-driven software for intelligent forecasting, dynamic load balancing, and predictive asset management across distributed facilities [2] Strategic Importance - The launch is a significant step in Turbo Energy's strategy to expand its presence in the global commercial and industrial market, which is rapidly growing within the renewable energy sector [3][8] - The product is part of a $53 million contract for ten large-scale industrial facilities, showcasing the company's execution capacity and ability to deliver integrated energy systems at scale [4] Market Positioning - Turbo Energy aims to address the challenges faced by energy-intensive industries by providing flexible and intelligent systems capable of managing multi-megawatt power flows [5] - The introduction of SUNBOX Industry Max positions Turbo Energy to capitalize on the increasing global demand for AI-enhanced commercial and industrial storage solutions [4][5] Company Background - Founded in 2013, Turbo Energy is recognized for its innovative solar energy storage technologies and solutions, focusing on reducing dependence on traditional energy sources and promoting sustainability [6]