After buying a stake in AirTouch: The robots will clean the fields of the energy economy – the capital market

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The developer of an autonomous robot for cleaning solar panels, has signed a framework agreement for a partnership with

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For the sale, supply and operation of robots for dry cleaning of solar panels in the amount of about $ 5.2 million.

In its announcement to the stock exchange, the company reported that it will provide robots with a capacity of up to 300 megawatts and will also provide operating services for a period of about 23 years, which the company estimates may generate additional revenue of up to $ 5 million. As you may recall, only last January did the energy sector announce the acquisition of 4.2% of AirTouch.

AirTouch Solar is developing an autonomous robot for cleaning solar panels without the need for water or manpower, in order to maximize the use of the sun to generate electricity. Through this solution, the company hopes, the developers will be able to increase the return from the facilities significantly. The solution meets the ongoing need to maintain and clean solar panels that are spread over large areas, in a way that will ensure maximum utilization of the sun for the purpose of generating electricity.

After completing an initial public offering (IPO) last week and raising about NIS 61 million, the company is traded at a market value of NIS 327 million and at a price of about NIS 9 per share.

Nick Lanir Brown, CEO of AirTouch Solar: “The agreement with the Energy Economy is proof that AirTouch’s product is attractive to customers and provides an accurate solution to their business needs. The company’s products enjoy relative advantages and provide efficient and quality solutions to its customers, and we work to increase our customer base in Israel and abroad through long-term agreements For many years. ”