Medigus: Charging Robotics to Install its Wireless EV Charging System with a Leading Automatic Carpark Provider
August 04 2023 - 8:45AM
Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in
electric vehicle charging solutions, advanced medical solutions and
innovative internet technologies, today announced that Charging
Robotics Ltd., a subsidiary of Fuel Doctor Holdings, Inc., (“FDOC”)
a Delaware corporation listed on the OTC Market (67.15% owned by
Medigus), received a Letter of Intent from an automatic car park
provider in Israel to evaluate Charging Robotic’s wireless charging
system for electric vehicles.
The wireless charging system is set to answer the unmet need of
charging electric vehicles in automatic car parks. Automatic car
parks are gaining popularity as they offer an ultra-efficient
solution to park cars, while reducing expensive real estate costs.
However, since these are “unmanned facilities, there is no way for
the driver to connect a charging cable to the vehicle. This is a
major concern, particularly in areas where electric vehicles are
common, and automatic car park providers are constantly looking for
technological solutions to meet growing demand.
Besides enabling EV charging in automatic car parks, the system
has numerous advantages, including: (i) Seamless Integration: the
wireless charging system will be seamlessly integrated into the
automatic car park infrastructure, requiring minimal modifications
to the existing layout. This ensures a minimum installation process
while maximizing parking capacity; (ii) Convenient Charging
Experience: drivers will start the system using a dedicated smart
phone application, which will also notify the driver about the
charging process; and (iii) Scalability and Adaptability: the
system’s modular design enables easy scalability, allowing the
parking lot operator to increase the number of chargers in the
facility based on the number of electric vehicles. The system will
be able to charge all electric vehicles at efficiencies of >93%
which is outstanding for wireless charging systems.
About Charging Robotics
Charging Robotics develops various automatic wireless charging
solutions such as robotic and stationary charging systems for
electric vehicles. Once parked, the driver will start the charging
process by use of a simple smartphone app and an autonomous robot
will navigate under the vehicle and automatically charge it.
For further information, visit:
https://www.chargingrobotics.com/.
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is
a technologies company that is focused on innovative growth
partnerships, mainly in advanced medical solutions, digital
commerce, and electric vehicle markets. Medigus’ affiliations
in the medical solutions arena consist of ownership in Polyrizon
Ltd. The Company’s affiliates in digital commerce include Gix
Internet Ltd., Jeffs’ Brands Ltd. and Eventer Technologies Ltd. In
the electric vehicle market, Charging Robotics Ltd. and Revoltz, by
way of Fuel Doctor Holding, Inc., are also part of the Company’s
portfolio of technology solution providers. Medigus is traded on
the Nasdaq Capital Market. To learn more about Medigus’ advanced
technologies, please visit http://www.medigus.com/.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on Medigus’ current expectations, they
are subject to various risks and uncertainties, and actual results,
performance or achievements of Medigus could differ materially from
those described in or implied by the statements in this press
release. For example, Medigus uses forward looking statements when
describing the expected improvement in the Robotic Chargers.
The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed in any filings with the
SEC. Except as otherwise required by law, Medigus undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. Medigus is not
responsible for the contents of third-party websites.
Company Contact
Tali DinarChief Financial
Officer+972-8-6466-880ir@medigus.com
Investor Relations Contact:
Michal EfratyInvestor Relations, Israel+972-(0)52-3044404
michal@efraty.com
Medigus (NASDAQ:MDGS)
Historical Stock Chart
From Apr 2024 to May 2024
Medigus (NASDAQ:MDGS)
Historical Stock Chart
From May 2023 to May 2024