CHEVOTCWholesale-Motor Vehicle Supplies & New PartsUS GAAP · USD

Charging Robotics Inc.

Charging Robotics Inc. develops, produces, and installs wireless charging systems for electric vehicles, with its current commercial focus on robotic and automatic parking facilities. The company’s technology uses resonance induction coils to transfer power wirelessly between a stationary transmitter and a vehicle-mounted receiver, allowing EV charging where drivers cannot physically connect a cable. Its reported customer traction is still early, with initial orders from automatic parking system providers in Israel. Charging Robotics also expanded through the acquisition of Revoltz Ltd., which became a majority-owned subsidiary in June 2025.

Operating profit (EBIT)-1.9m USD
−144.1 %y/y
Net income-0.4m USD
+54.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-2.0-1.5-1.0-0.50.0m USD2020: EBIT -0.01 m USD20202021: EBIT -0.03 m USD20212022: EBIT -0.75 m USD20222023: EBIT -0.74 m USD20232024: EBIT -0.78 m USD20242025: EBIT -1.9 m USD2025-1.9
RevenueOperating profit (EBIT)

Business

Share of revenue
Wireless EV charging systems70 %

Complete wireless charging solutions for EVs parked in robotic or automatic parking facilities.

Charging hardware modules20 %

Transmitting and receiving coil components used in the wireless power transfer system.

Installation and integration services10 %

On-site installation, setup, and testing of charging systems within parking infrastructure.

Customers

The company’s current buyers are automatic parking system (APS) providers that need EV charging to work inside parking facilities where drivers cannot access the vehicle after parking. Reported customers include Electra Parking Solutions, Parkomot, and Parking Design, all in Israel. These customers buy the system because cable-based charging is impractical in robotic parking environments and the product is designed to solve that operational constraint. The company’s near-term commercial success depends on converting these early APS orders into repeat deployments and broader adoption in parking infrastructure projects.

Automatic parking system providers

Buy wireless charging systems to embed EV charging into robotic parking workflows where manual plug-in is impossible.

Parking facility developers and operators

Purchase installed systems for new or upgraded parking projects to add EV charging capability without changing the parking process.

Infrastructure and mobility integrators

Use the company’s modules and installation expertise to add wireless charging into larger smart-parking or mobility projects.

Strategy

The company is focused on commercializing its wireless EV charging system in robotic parking environments, where the use case is most clearly differentiated and technically necessary. Near-term strategy appears to center on completing installations, finishing testing, and proving reliability in real-world parking facilities before scaling sales. Management also indicates a need to broaden product applications beyond the current APS use case, including robotics and stationary platforms, to expand the addressable market. Financing and capital discipline are central to the strategy because the company is still pre-revenue and must fund R&D, integration work, and commercialization.

Complete current installations and testingShort term

The company needs working reference deployments to validate performance and support future sales.

Commercialize the APS use caseShort term

Automatic parking is the clearest initial market where cable charging is not feasible.

Broaden the technology platformMedium term

Using the same wireless power transfer module in other applications could enlarge the addressable market.

Raise capital and manage liquidityShort term

The business is still loss-making and needs funding to continue development and commercialization.

Geography

Operationally, the company is based in the United States but its disclosed commercial activity is centered in Israel through its subsidiary Charging Robotics Ltd. The reported installed and planned systems are tied to Israeli APS customers, including a Tel Aviv installation and additional deployments scheduled in Israel. This makes the business highly dependent on the timing of local parking-facility construction and readiness, since installation cannot be completed until the infrastructure project is finished. The company also has an Israeli development footprint, reflecting its technology origin and product engineering base.

Risks

The company faces execution risk because its product must be installed inside larger parking infrastructure projects, so delays in construction directly delay revenue recognition and customer acceptance. Commercial risk is high because the business is still early-stage and has not yet generated revenue, making it dependent on a small number of initial customers and successful pilot deployments. Funding risk is also material, as the company has a working capital deficit and relies on external financing to support R&D and operating expenses. More broadly, the business is exposed to technology adoption risk, product reliability risk, and the possibility that competing charging solutions or alternative parking designs reduce demand for its wireless system.

Sorted by severity
Project completion delays at customer sitesHigh

The system can only be installed and fully tested after the parking facility is complete, so construction delays push out revenue and validation.

Exposure: Israeli APS installations

Liquidity and going-concern pressureHigh

The company is pre-revenue and has a working capital deficit, so it depends on financing to continue operations.

Exposure: Corporate-wide

Technology commercialization riskHigh

The product is new and must prove performance, reliability, and customer acceptance in real-world parking environments.

Exposure: Wireless EV charging systems

Customer concentrationMedium

Reported orders come from only three APS providers, making near-term demand dependent on a small number of counterparties.

ExposureElectra Parking SolutionsParkomotParking Design
Dilution from financing instrumentsMedium

The company has issued warrants and equity in connection with financing and strategic transactions, which can dilute existing shareholders.

Exposure: Equity financings and facility warrants

Accounting

Judgemental items
Revenue recognition for installation projects

Future revenue will likely depend on when systems are installed, tested, and accepted, which can shift revenue between periods.

Impact: Could materially affect quarterly revenue timing once commercialization begins.

Stock-based compensation valuation

The company uses Black-Scholes with subjective inputs such as volatility and expected life, which can materially change expense recognition.

Impact: Affects reported operating loss and EPS.

Fair value measurement of Revoltz investment

The company recognized a gain from remeasurement at fair value as part of the staged business combination.

Impact: Can create non-recurring income that distorts core operating performance.

Acquisition accounting and consolidation

Revoltz became a majority-owned subsidiary, changing the scope of consolidation and comparability across periods.

Impact: Affects revenue, expenses, assets, and cash flow presentation.

Publicly listed companies with a comparable business focus.

Last updated: 28/04/2026