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PRF Technologies Wins Another European Utility-Scale Solar Deployment, Expanding DeepSolar's Installed Commercial Base
Globenewswire· 2026-02-11 13:30
TEL AVIV, Israel, Feb. 11, 2026 (GLOBE NEWSWIRE) -- PRF Technologies (Nasdaq: PRFX) (“PRF” or the “Company”), through its DeepSolar™ AI-driven solar analytics business unit, today announced the signing of a software-as-a-service (SaaS) agreement with Shikun & Binui Energy for the deployment of DeepSolar at the 71 megawatt (MW) Satu Mare photovoltaic site in Romania. The Satu Mare project is a utility-scale solar plant owned and operated by Shikun & Binui Energy. Under the agreement, DeepSolar will provide c ...
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 Ltd. Changes Name to PRF Technologies Ltd.
Globenewswire· 2026-01-15 21:05
Core Viewpoint - PRF Technologies Ltd. has undergone a corporate name change from PainReform to reflect its evolution into a diversified innovation platform, expanding beyond its original single-product focus into specialty pharmaceuticals, advanced drug-delivery technologies, and AI-driven renewable-energy analytics [1][2]. Company Evolution - The name change signifies a strategic shift as the company broadens its portfolio across multiple high-growth markets, continuing to advance its non-opioid postoperative pain therapy PRF-110 while establishing additional growth platforms through LayerBio and DeepSolar [3][4]. Pharmaceutical Platform Expansion - PRF has entered the ophthalmology market with OcuRing™-K, a patented sustained-release ocular therapy aimed at addressing pain and inflammation post-cataract surgery, a multi-billion-dollar global market [4][5]. - OcuRing™-K is designed for controlled, localized therapy from a single application, eliminating the need for weeks of post-surgical eye drops, and is advancing toward the next stage of clinical development [5]. AI-Driven Energy Analytics - The company has developed DeepSolar, an AI-driven solar analytics and digital asset-management business targeting the expanding global renewable-energy market, transforming complex data into actionable intelligence for solar assets [6]. - DeepSolar has moved from development to early commercial deployment, with pilot projects progressing into customer engagements as solar assets age [6]. Strategic Growth Positioning - The transition to PRF Technologies Ltd. aims to build long-term value through diversification, platform scalability, and disciplined execution across healthcare and clean-energy technology markets [7]. - The company is focused on creating multiple platforms and paths forward, reducing reliance on any single outcome to establish durable, long-term value [8]. Company Overview - PRF Technologies Ltd. is a diversified innovation company advancing specialty pharmaceutical therapies and AI-driven energy analytics, focusing on improving patient outcomes while reducing reliance on opioids [9].
PainReform’s DeepSolar Launches Smart TDD, a Next-Generation Solar Due Diligence Service Targeting the $60B+ Global Solar Asset M&A Market
Globenewswire· 2026-01-05 14:00
Core Insights - PainReform Ltd. has launched Smart TDD, an advanced solar Technical Due Diligence service aimed at providing comprehensive assessments of solar asset performance and risk, enhancing audit capabilities for various stakeholders in the solar industry [1][4] Industry Overview - The solar industry is experiencing unprecedented growth, with over $500 billion invested in 2024 and more than $60 billion in solar assets changing hands annually, creating a significant demand for reliable technical assessments as many assets reach warranty expiration or show underperformance [2][4] Company Developments - Smart TDD addresses the limitations of traditional TDD processes by offering complete data coverage, advanced diagnostics, actionable outputs, and fast turnaround times, thus supporting all major checkpoints in a solar plant's lifecycle [3][7] - The launch of Smart TDD positions DeepSolar as a trusted analytics partner in the global solar sector, responding to the increasing demand for high-quality technical due diligence services amid rising performance issues and M&A activity [4][7] Technological Advancements - Smart TDD combines AI-driven analytics with physics-based modeling and expert engineering reviews to provide a full-picture audit, enabling investors and owners to better understand the assets they are acquiring, operating, or insuring [3][7] - The service promises to deliver preliminary results within days of data upload, significantly reducing deal friction and enhancing decision-making for buyers and financiers [7]