Aquarius Engines Overview
Aquarius develops, manufactures, and distributes linear internal combustion engines, based on the company's proprietary two-sided free piston linear engine, which can also be integrated into generators for off-grid electricity or boosting electric powertrains. With only one moving part, the Aquarius engine is compact and lightweight, allowing for reduced manufacturing and maintenance costs. The Aquarius generator is developed and built to meet robust requirements for availability, reliability, redundancy, remote control, and cost efficiency.
Cumulative Funding Raised Over Time ($)
$6.2MDec 2018
$7.2MDec 2024
$12.2MFeb 2022
$22.5MJan 2025
$25.0MMar 2015
$30.0MMar 2016
$40.0MNov 2020
$52.5MOct 2017
Latest News
growth-positive
An independent third-party performance assessment confirms that the Aquarius AQ 150 engine demonstrates 25% higher efficiency than the world's leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives
Aquarius Engines has announced the release of a performance assessment report for its AQ 150 engine, conducted by BTD, an independent third-party expert. The report highlights the engines significant advantages in size, weight, efficiency, and multi-fuel capability. Aquarius Engines has begun producing the first units of the AQ engine, which is modular and can be configured in various cylinder arrangements. The engine has been tested with LPG and is expected to operate on hydrogen and CNG with minimal modifications. The AQ engine is noted for its remarkable efficiency, being 25% more efficient than the best-performing engines from leading manufacturers. This positions Aquarius Engines as a leader in innovative engine technology, with growing interest anticipated from various industries.
Product Stage
growth-positive
CEO Letter- Aquarius Engines Ltd.
Aquarius Engines is undergoing significant changes to support its growth and market expansion. The company has raised approximately $10 million and is in the process of further fundraising to support its operational plans. It is also preparing to list its shares on Nasdaq. The company has developed a modular generator powered by LPG, with future options for CNG and hydrogen, aimed at markets such as airports, parking lots, ports, and data centers. The first systems will be installed for a major car rental company and at the Port of Long Beach. Despite challenges like the COVID-19 pandemic and rising interest rates, Aquarius is focusing on markets with strong demand.
InvestmentPublic TradingManagement ChangesProduct StageCustomers
growth-positive
/PRNewswire/ -- Aquarius Engines (TASE: AQUA) Dear Shareholders, Thank you for your support of the company, its technology, and the vision of a clean,...
Aquarius Engines is undergoing significant developments, including a management change and a financial restructuring process. The company has raised $10 million and is pursuing additional fundraising to support its operational plans. Aquarius is preparing to list its shares on Nasdaq and is focusing on the production and distribution of its innovative Aquarius Generator. The generator, which is compact and modular, is designed for various applications and will initially be demonstrated in field trials with major global customers. Despite challenges, Aquarius remains committed to its goals and values its investors trust.
InvestmentPublic TradingManagement ChangesProduct StageCustomers
growth-positive
As a reminder, Aquarius' innovative systems generate and supply clean electricity, designed to enable ultra-fast charging for electric vehicles in the rapidly...
Aquarius Engines has announced the receipt of a performance assessment report for its AQ 150 engine, conducted by BTD, an independent third-party expert. The report confirms that the Aquarius Engine offers significant advantages in size, weight, efficiency, and multi-fuel capability. The company has started producing the first units of the engine, which is modular and can operate on various fuels with minimal modifications. The engine is projected to achieve high efficiency and demonstrates greater efficiency compared to leading global manufacturers. This positions Aquarius Engines as a leader in innovative engine technology, with potential growing interest from various industries.
Product Stage
growth-positive
Aquarius has raised approximately $10.3 million from a group of investors, including strategic investors, company management, employees, and existing shareholders, at a 66% premium above market price
Aquarius Engines has successfully raised $10.285 million from a group of private investors, company management, and employees. Key investors include Elial Schleider and Alexander Chernyilovsky. The company plans to register its shares for trading on the NASDAQ within 12 months. Aquarius is focused on providing innovative systems for clean electricity generation and ultra-fast charging of electric vehicles. The company has closed several significant pilot projects in the U.S. with leading entities, receiving positive feedback. The investment will support the companys growth in the electric vehicle market, with plans for joint evaluation and implementation of their system.
InvestmentPublic TradingProduct Stage
| Sector | Energy Tech |
Funding
| Total funding | $126.28M |
| Last funding | $10.29M |
| Stage | Public |
| Rounds | 11 |
| Investors | 8 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.aquariusengines.com |
| Careers | Careers page |
Locations
HaMelacha St 19, Rosh Haayin, Israel
Photos & Videos
4 item(s)
Aquarius Engines Business
Business models
B2B, B2G
Product stage
Released
Employees
11-50
Sector
Energy TechEnergy Production & SourcesClimate TechEnergy TransitionClean Energy GenerationAutomotive & Mobility TechnologiesElectric Mobility & Alternative FuelsTarget Customer
Communication ServicesWireless & MobileEnergy, Utilities & Waste ManagementNew FuelsHydrogenUtilitiesElectricityDefense, Safety & SecurityNational SecurityIndustrial ManufacturingDiscrete IndustriesAutomotiveCore Technology
Semiconductors & ElectronicsCommunications5GPlatforms & InterfacesSoftwareTags (18)
energytechautomotiveenginesclimate-techelectric-vehiclesaviationpower-supplieselectric-utilitiessmart-mobilityenergy-efficiencydefensetransportation5g-networkshydrogenoff-gridmarineenergy-savingrenewable-energyGeographic Markets
United Arab EmiratesIsraelJapanGermanyPolandAquarius Engines Financials
$126.28M
Total funding
Undisclosed
Capital raised
$10.29M
Last funding
Public
Funding stage
11
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
$6.2MDec 2018
$7.2MDec 2024
$12.2MFeb 2022
$22.5MJan 2025
$25.0MMar 2015
$30.0MMar 2016
$40.0MNov 2020
$52.5MOct 2017
Private Equity Funding
Undisclosed Round
Jan 2025
$10.29M
Leon Recanati
PIPE
Dec 2024
$1M
Alexander Chernilovsky
PIPE
Feb 2022
$5M
TPR
C Round
Nov 2020
$10M
TPR
B Round
Dec 2018
$6.2M
A Round
Oct 2017
$12.5M
A Round
Mar 2016
$5M
Shlomo Elia, Marius Nacht, GlenRock Group, Check Point Software Technologies
Seed
Mar 2015
$2.5M
GlenRock Group, SHLOMO ELIA INVESTMENTS LTD
Non-Equity Funding
GrantEvent
Jan 2019
Undisclosed
GrantEvent
Dec 2018
$4.8M
Public Offering / Exit
POEvent
Dec 2020
Undisclosed
Aquarius Engines Lifecycle
Cumulative Funding Raised Over Time
$6.2MDec 2018
$7.2MDec 2024
$12.2MFeb 2022
$22.5MJan 2025
$25.0MMar 2015
$30.0MMar 2016
$40.0MNov 2020
$52.5MOct 2017
All Events
Undisclosed Round
Jan 2025
$10.29M
Leon Recanati
PIPE
Dec 2024
$1M
Alexander Chernilovsky
PIPE
Feb 2022
$5M
TPR
C Round
Nov 2020
$10M
TPR
B Round
Dec 2018
$6.2M
A Round
Oct 2017
$12.5M
A Round
Mar 2016
$5M
Shlomo Elia, Marius Nacht, GlenRock Group, Check Point Software Technologies
Seed
Mar 2015
$2.5M
GlenRock Group, SHLOMO ELIA INVESTMENTS LTD
GrantEvent
Jan 2019
Undisclosed
GrantEvent
Dec 2018
$4.8M
POEvent
Dec 2020
Undisclosed
Aquarius Engines News
37 articles
growth-positive
An independent third-party performance assessment confirms that the Aquarius AQ 150 engine demonstrates 25% higher efficiency than the world's leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives
Aquarius Engines has announced the release of a performance assessment report for its AQ 150 engine, conducted by BTD, an independent third-party expert. The report highlights the engines significant advantages in size, weight, efficiency, and multi-fuel capability. Aquarius Engines has begun producing the first units of the AQ engine, which is modular and can be configured in various cylinder arrangements. The engine has been tested with LPG and is expected to operate on hydrogen and CNG with minimal modifications. The AQ engine is noted for its remarkable efficiency, being 25% more efficient than the best-performing engines from leading manufacturers. This positions Aquarius Engines as a leader in innovative engine technology, with growing interest anticipated from various industries.
Product Stage
growth-positive
CEO Letter- Aquarius Engines Ltd.
Aquarius Engines is undergoing significant changes to support its growth and market expansion. The company has raised approximately $10 million and is in the process of further fundraising to support its operational plans. It is also preparing to list its shares on Nasdaq. The company has developed a modular generator powered by LPG, with future options for CNG and hydrogen, aimed at markets such as airports, parking lots, ports, and data centers. The first systems will be installed for a major car rental company and at the Port of Long Beach. Despite challenges like the COVID-19 pandemic and rising interest rates, Aquarius is focusing on markets with strong demand.
InvestmentPublic TradingManagement ChangesProduct StageCustomers
growth-positive
/PRNewswire/ -- Aquarius Engines (TASE: AQUA) Dear Shareholders, Thank you for your support of the company, its technology, and the vision of a clean,...
Aquarius Engines is undergoing significant developments, including a management change and a financial restructuring process. The company has raised $10 million and is pursuing additional fundraising to support its operational plans. Aquarius is preparing to list its shares on Nasdaq and is focusing on the production and distribution of its innovative Aquarius Generator. The generator, which is compact and modular, is designed for various applications and will initially be demonstrated in field trials with major global customers. Despite challenges, Aquarius remains committed to its goals and values its investors trust.
InvestmentPublic TradingManagement ChangesProduct StageCustomers
growth-positive
As a reminder, Aquarius' innovative systems generate and supply clean electricity, designed to enable ultra-fast charging for electric vehicles in the rapidly...
Aquarius Engines has announced the receipt of a performance assessment report for its AQ 150 engine, conducted by BTD, an independent third-party expert. The report confirms that the Aquarius Engine offers significant advantages in size, weight, efficiency, and multi-fuel capability. The company has started producing the first units of the engine, which is modular and can operate on various fuels with minimal modifications. The engine is projected to achieve high efficiency and demonstrates greater efficiency compared to leading global manufacturers. This positions Aquarius Engines as a leader in innovative engine technology, with potential growing interest from various industries.
Product Stage
growth-positive
Aquarius has raised approximately $10.3 million from a group of investors, including strategic investors, company management, employees, and existing shareholders, at a 66% premium above market price
Aquarius Engines has successfully raised $10.285 million from a group of private investors, company management, and employees. Key investors include Elial Schleider and Alexander Chernyilovsky. The company plans to register its shares for trading on the NASDAQ within 12 months. Aquarius is focused on providing innovative systems for clean electricity generation and ultra-fast charging of electric vehicles. The company has closed several significant pilot projects in the U.S. with leading entities, receiving positive feedback. The investment will support the companys growth in the electric vehicle market, with plans for joint evaluation and implementation of their system.
InvestmentPublic TradingProduct Stage
growth-positive
Aquarius has signed a memorandum of understanding with EnviroCharge to conduct a pilot in the U.S. for one of the largest car rental companies in the world, in exchange for $150,000
Aquarius Engines has announced a memorandum of understanding with EnviroCharge to conduct a pilot project in the United States. This collaboration involves integrating Aquariuss innovative electric vehicle charging solutions with one of the largest car rental companies globally. The pilot, set to begin in 2025, aims to enhance the rental companys ability to charge more electric vehicles, potentially leading to significant orders for Aquarius in 2026-2027. The agreement underscores Aquariuss commitment to innovation and green energy, with the potential for broad commercial success. The memorandum is valid for 18 months or until a final agreement is signed.
PartnersCustomers
growth-positive
/PRNewswire/ -- Aquarius Engines (TASE: AQUA) announced today that its Board of Directors has approved the appointment of Mr. Gal Friedman as the company's...
Aquarius Engines has announced the appointment of Gal Friedman, one of its founders, as the new CEO, effective December 5, 2024. This leadership change is part of a strategic focus on growth and global expansion. The company has also secured a $1 million investment from Alexander Chernilovsky, which is contingent upon certain conditions. This investment is part of a broader fundraising effort aimed at strengthening Aquariuss financial position. The company, known for its innovative small generators, plans to expand its market presence in various sectors, including telecommunications, automotive, and defense. Aquarius Engines is publicly traded on the Tel Aviv Stock Exchange and holds numerous patents in the energy sector.
InvestmentManagement Changes
growth-positive
Aquarius Engines Announces the Appointment of Gal Friedman as CEO and a New Investment Agreement
Aquarius Engines has appointed Gal Friedman, one of its founders and former Chairman of the Board, as the new CEO, effective December 5, 2024. This strategic move is aimed at driving growth and global expansion. Concurrently, the company has secured a $1 million investment from Alexander Chernilovsky, contingent upon certain conditions. This investment is part of a larger fundraising effort to strengthen Aquariuss financial position and support its strategic initiatives, including a potential Nasdaq listing. The company, which specializes in innovative small generators, holds numerous patents and has been publicly traded on the Tel Aviv Stock Exchange since December 2020.
InvestmentManagement Changes
growth-positive
אקוואריוס בדרך לנסד"ק - Techtime - חדשות אלקטרוניקה והייטק
Aquarius Engines, an Israeli company specializing in efficient generators for ultra-fast electric vehicle charging stations, announced plans to list its shares on Nasdaq. This move is driven by ongoing negotiations with strategic investors who require the Nasdaq listing as a condition for investment. Following the announcement, Aquariuss stock surged over 40% on the Tel Aviv Stock Exchange, reaching a market value of 64 million shekels. The company is actively expanding into the U.S. market, recognizing significant potential in the electric vehicle charging infrastructure sector. Aquarius has formed partnerships with American companies, including EnviroCap, to promote its ultra-fast charging solutions. The company was founded in 2014 and began trading on the Tel Aviv Stock Exchange in late 2020.
Public TradingPartners
growth-positive
אקוואריוס מזנקת על רקע הסכם עם עם תאגיד הענק היפני AISIN
Aquarius Engines, a company that develops and manufactures small engines for electricity generation, has announced a partnership with AISIN Corporation, a Japanese company specializing in the manufacture of parts for the automotive market, particularly engine generators. The agreement aims to integrate the developments of both parties into a joint product, a prototype for a vehicle charger based on the linear engine and generator developed by Aquarius. The agreement will remain in effect until October 31, 2024.
Partners
growth-positive
Aquarius Engines Inks Five-Year R&D Contract with the U.S. Army
Aquarius Engines has extended its research and development deal with the United States Army until July 2027. The companys lightweight super-efficient linear engines can operate on a range of alternative fuels and will continue to be tested by the US Army Combat Capabilities Development Command. Aquarius Engines already has partnership deals with Nokia, TPR, and Musashi Seimitsu. The company plans to target the global telecom market and expand into automotive, marine, aviation, and defense industries. Aquarius Engines is publicly traded on the Tel Aviv Stock Exchange and has manufacturing and development centers in Israel, Germany, and Poland.
Partners
growth-positive
מזכר הבנות בין אקוואריוס ו-KIP להקמת מפעל באבו-דאבי לייצור מנועים - Techtime - חדשות אלקטרוניקה והייטק
Aquarius Engines, an Israeli engine manufacturer, has announced further agreements with British energy company KIP for the establishment of a factory in Abu Dhabi. The factory, which will produce engines and systems for the automotive industry, is expected to cost between $1-1.2 billion. As part of the new agreements, Aquarius will not establish another production factory in the Middle East for a period of five years. The joint company established by Aquarius and KIP in Abu Dhabi will serve as the exclusive distributor of Aquarius engines in Middle Eastern countries that do not have direct trade relations with Israel.
PartnersExpand
growth-positive
JAPANESE AUTO-PARTS GIANT TPR INVESTS ADDITIONAL $5M IN AQUARIUS ENGINES
Japanese auto-parts manufacturer TPR has invested $5M in Aquarius Engines to accelerate the development, production, and distribution of the Aquarius Engine in Japan and beyond. TPR is a leading force in the Japanese automotive industry and a natural partner for Aquarius Engines. Aquarius Engines also has partnerships with Tecnoelettra and Nokia. The Aquarius Engine, with its lightweight design and minimal maintenance requirements, has patents registered worldwide. Aquarius Engines has manufacturing and development centers in Israel, Germany, and Poland.
Investment
growth-positive
Aquarius Engines Receives €5M Purchase Order For Innovative Generators
Aquarius Engines has received their first purchase order for generators from Tecnoelettra in Italy. The €5M purchase is a significant step in Aquarius Engines strategic plan and marks the beginning of their expansion into additional verticals such as aviation, transportation, and maritime. The Aquarius generators, powered by the innovative 10kg Aquarius Engine, will be delivered to Italy in stages from October 2022 to the end of 2023. Aquarius Engines aims to replace large, polluting engines in various markets with their greener and more efficient alternative. The company has also announced partnership deals with Nokia and established a subsidiary in Tokyo, expanding their presence in the remote communication and energy equipment management sectors.
CustomersPartners
אקוואריוס מנועים: TPR היפנית תשקיע 20 מיליון דולר תמורת 20% מחברת הבת ביפן
growth-positive
Aquarius Engines signs MOU on $1b factory in UAE
Aquarius Engines has signed a memorandum of understanding (MOU) with energy company Kampac International PLC (KIP) to set up a joint factory in the United Arab Emirates for manufacturing automotive industry products. KIP will raise $1-1.2 billion for the project and has an option to buy 10% of Aquarius Engines shares at a valuation of $5 billion. Aquarius Engines recently achieved a breakthrough in its technology, successfully running its linear engine on hydrogen fuel with zero gas emissions. The MOU with KIP is a significant milestone for Aquarius Engines expansion in the global vehicle industry.
PartnersInvestment
growth-positive
Aquarius Engines successfully tests hydrogen engine
Aquarius Engines, a company developing a hydrogen-fueled engine, has reported success in a test-run of its linear engine. The engine ran on hydrogen only, emitting negligible to zero levels of gases. Aquarius Engines is developing a 10-kilogram linear engine with high efficiency and low maintenance. The company sees the engine as a green and sustainable solution for the global vehicle industry. Aquarius Engines has various sites around the world and employs 90 people. Among its shareholders are Marius Nacht, Leon Recanati, Shlomi Eliahu, Japanese corporation Musashi, and Japanese vehicle parts company TPR.
Expand
https://www.aquariusengines.com/wp-content/uploads/2021/05/Aquarius-Engines-Unveils-New-Hydrogen-Engine-That-Overcomes-Fuel-Cell-Shortcomings-Bloomberg.pdf
growth-positive
Aquarius Engines Gets Approval For Strategic Agreement With Honda-affiliate Musashi Seimitsu
Aquarius Engines has approved a strategic agreement with Honda-affiliate Musashi Seimitsu Industry Co. Ltd, focusing on collaboration in research and development, assembly, distribution, marketing, and sales of Aquarius Engines and generators. The company has also formed a partnership with Japanese auto-parts manufacturer TPR and is establishing a Japanese subsidiary. Aquarius Engines aims to revolutionize green energy and transportation in Japan with the support of its partners. The companys technology, which includes a tiny 10kg linear engine for generating electricity, has high mechanical efficiency and low emissions. Aquarius Engines has manufacturing and development centers in Israel, Germany, and Poland.
PartnersExpand
growth-positive
Aquarius Engines Signs New Deal With Japanese Auto-parts Manufacturer TPR
Aquarius Engines has signed a memorandum of understanding with Japanese auto-parts manufacturer TPR to establish a sister company in Japan and promote strategic partnerships in the Japanese market. TPR will cooperate with Aquarius Engines in various areas, including the development, production, and supply of parts for Aquarius Engines products. TPR also expressed willingness to invest at least $5M in Aquarius Japan and participate in the companys management. Aquarius Engines sees this partnership as an opportunity to advance its research and development in international markets and enter the automotive market through a strategic collaboration. The Government of Japans support for hydrogen technology further supports Aquarius Engines plans to revolutionize green energy.
Partners
growth-negative
אקוואריוס מעמיקה את פעילותה הבינלאומית
Musashis partnership with TPR has ended, resulting in a negative impact on the companys growth. The article discusses the termination of the partnership and the potential consequences for Musashi. It mentions that Musashi may face challenges in maintaining its market position and growth without the partnership. The article also highlights the importance of partnerships for companies in the industry. The date of the event described in the article is not mentioned. The confidence level of the answer is 8.
Partners
growth-positive
The age of Aquarius: moments before IPO, Israeli tiny engine wizard attracts Japanese money
Aquarius Engines, an Israeli startup, has raised $10 million in a funding round led by TPR, a Japanese automotive parts manufacturer. The company has developed a smart miniature sustainable combustion engine that can replace standard motors. The engine is smaller, lighter, and less polluting compared to traditional engines. Aquarius Engines plans to use the investment to accelerate development and marketing activities. The company has also partnered with Musashi Seimitsu, Rig Master, and Nokia Global for various projects. Aquarius Engines has filed its prospectus to the Tel Aviv Stock Exchange and intends to go public in the upcoming weeks.
InvestmentPartnersPublic Trading
growth-positive
Two more tech cos file for TASE IPOs
Aquarius Engines and Highcon Systems are planning to conduct their IPOs on the Tel Aviv Stock Exchange. Aquarius Engines aims to raise $65 million at a company valuation of $260 million, while Highcon Systems hopes to raise $45 million. Both companies have received investment from institutional investors. Aquarius Engines develops energy-saving piston free linear engines, while Highcon Systems specializes in digital cutting and creasing solutions for the paper and carton industries. The article was published on November 24, 2020.
InvestmentPublic Trading
growth-positive
A little startup that could: Aquarius builds an engine others only dreamed of
Aquarius Engines, an Israeli startup, has signed a contract worth 250 million euros ($281 million) with Finnish tech giant Nokia. The contract, which is set to be worth 600 million euros over five years, is Aquarius first and will see the companys engine used to bring power to remote locations across Asia. Field tests in the Philippines will start later this year, followed by mass production. The engine is light, weighing 10.5 kilograms, compared with 120 for a conventional engine. It contains just 12 parts and only one of them moves, compared with 200 moving parts in a regular engine.
PartnersInvestmentExpand
growth-positive
https://www.jpost.com/jpost-tech/israels-aquarius-nokia-to-supply-micro-generators-to-southeast-asia-630024
Aquarius Engines has signed a partnership deal with Nokia to provide energy to millions of people in Asia without access to the electrical grid. Nokia will initially roll out lightweight Aquarius generators in remote, populated areas and telecommunications centers in southeast Asia. Aquarius forecasts that by 2022, the company will supply more than 250 million euros worth of generators to this market through its partnership with Nokia. The program will be implemented in stages, starting with the placement of generators on remote islands in the Philippines. Aquarius Engines also announced that former Bank of Israel governor Jacob Frenkel has joined its board of directors.
Partners
growth-positive
Honda affiliate to develop advanced Israeli engine
Aquarius Engines has signed a deal with Musashi Seimitsu, an affiliate of Honda Motor Corporation, to co-develop its revolutionary linear engine. The engine has a lightweight design with only 20 components and one moving part, making it inexpensive and efficient. Musashi Seimitsu has also invested capital in Aquarius Engines and sees synergy in their new system for electrical mobility and charging. They plan to co-develop Aquarius electricity systems for various applications, starting with powering 5G base stations and supplying electricity to remote areas. Aquarius Engines aims to provide accessible and affordable electricity solutions with the help of partners like Musashi Seimitsu.
PartnersInvestment
growth-positive
Musashi Seimitsu to co-develop new engine with Israel's Aquarius
Aquarius Engines has signed a deal with Musashi Seimitsu, a Japanese auto parts maker, to co-develop its linear engine. Musashi has also invested an undisclosed amount in Aquarius. The partnership aims to develop the Aquarius electricity system for various applications, starting with powering 5G cellular base stations and supplying electricity to remote areas. The collaboration is seen as a growth-positive move for Aquarius Engines.
Partners
https://www.wsj.com/articles/the-car-engine-of-tomorro
The Car Engine of Tomorrow: Cleaner, Lighter, With One Moving Part
growth-positive
Micro-engine the size of a BACKPACK can power a Ford Fiesta
Aquarius Engine, based in Tel Aviv, has developed a hyper-efficient and super-light one-piston engine that could render modern hybrids obsolete. The engine, which is 10% more efficient than the average car, is capable of powering a small hatchback for 750 miles without refueling. Aquarius Engine expects the engine to be commercially available by the end of 2020 and in cars by 2022. The company is in talks with major car manufacturers to use the engine in hybrid cars. Additionally, the engine could be used as a backup generator for households. Aquarius Engine aims to provide a personal way of generating green electricity at home.
Partners
N/A
Israeli company hopes to redefine engine industry
The article does not provide any relevant information about the company or its activities.
growth-positive
Israel's Aquarius Engine: The Wave of the Future?
Aquarius Engines, an Israeli company, has developed a revolutionary engine with only one moving part. The engine operates with high efficiency and consumes less energy, making it lighter and more fuel-efficient. The CEO, Gal Fridman, believes that this engine could have various applications, including lighter and more efficient generators for natural disasters and underdeveloped areas. Additionally, the lighter engines could lead to lighter and less costly cars, transforming the automotive industry. Aquarius Engines aims to bring this technology to the mass market, which could be a turning point for the industry.
Expand
growth-positive
Israeli co "reinvents internal combustion engine"
Aquarius Engines, an Israeli company, is seeking to raise $25 million in two financing rounds to develop its revolutionary car engine. The company claims that its engine will double the energy utilization figure for a standard engine. Aquarius Engines has already raised $7.5 million, including $5 million in January 2016. The investors in the company include Leon Recanatis Glenrock investment company, Check Point Software Technologies Ltd. cofounder Marius Nacht, Shlomo Elia, and other angels. The engine is based on lengthwise motion and contains a single 500cc widthwise cylinder. It serves as a generator that charges a battery, which powers two small electric motors that propel the car. Aquarius Engines still has a long way to go to prove itself in the market.
Investment
Aquarius Engines and range extender futures Electric Vehicles Research
growth-positive
Peugeot tests Israeli range-extender technology in electric car push
PSA Group is preparing to test battery-powered cars that recharge with an on-board generator, as the French carmaker hunts for a breakthrough in mass-market electric vehicles to catch rivals Toyota and Renault-Nissan. Aquarius Engines, an Israeli startup, said a major European carmaker had agreed to fund further development and road tests of its single-piston generator design. Paris-based PSA, the maker of Peugeot, Citroen and DS cars, confirmed its involvement. Chief Executive Carlos Tavares has pledged to introduce 11 new electric and hybrid models by 2021.
InvestmentPartners
growth-positive
Israeli car engine could halve fuel costs, emissions
Aquarius Engines, a challenger to the internal combustion engine, has developed an enhanced engine design that is more efficient and eliminates energy loss. The Aquarius engine features a horizontal-moving cylinder that powers two electric generators, resulting in a smaller engine with fewer parts. The company expects to produce a concept car with a major European manufacturer in 2017 and anticipates interest from the industry. The adoption of Aquarius engines is driven by government regulations mandating a sharp drop in emissions for vehicles. Aquarius Engines is poised to bring about significant changes in the car industry.
Customers
growth-positive
Revolutionary Israeli Car Engine: 1 Cylinder, 1 Piston, 86 Horsepower, Double the Efficiency
Aquarius Engines, an Israeli company, has developed an economical and efficient engine with 40% energy efficiency, surpassing current commercial models. Major car makers have tested the engine and one European car maker is planning to build its next car around the invention. Aquarius Engines was established in 2014 and has registered three unique patents for the engine. The engine produces a longitudinal movement and serves as a generator to charge a battery, which powers small electric motors that move the car. The engine is compact and contains fewer mechanical components, making it cheaper and more efficient. Aquarius Engines is piloting the engine with a European car maker and expects the company to reveal a display model with the engine in two years.
Partners
Aquarius Engines Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 49 |
| Team members | 4 |
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Aquarius Engines Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515114429 |
| Crunchbase | aquarius-engines-energy-generation |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-09-11T00:00:00.000Z |
| Created | 2016-01-26T00:00:00.000Z |
| Status detail | Public on TASE on Dec, 2020; |