MDGS

Medigus Announces Corporate Rebranding Changes Name to Xylo Technologies Ltd. to Reflect Core Values of its Business

Retrieved on: 
Tuesday, April 9, 2024
MDGS, XYLO, Heart

Tel Aviv, Israel, April 09, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ: MDGS) (“Medigus” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today a corporate rebranding to reflect current focus in innovation technologies. At the heart of this rebranding is a change of the Company’s name to Xylo Technologies Ltd. to embody its corporate vision and core values.

Key Points: 
  • Medigus’ Nasdaq trading symbol will change to XYLO on April 18, 2024
    Tel Aviv, Israel, April 09, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ: MDGS) (“Medigus” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today a corporate rebranding to reflect current focus in innovation technologies.
  • At the heart of this rebranding is a change of the Company’s name to Xylo Technologies Ltd. to embody its corporate vision and core values.
  • The rebranding includes a new name and an update to the Company’s corporate logo, as well as a new website.
  • In addition, the Company’s Nasdaq trading symbols will change to XYLO.

Medigus Reaps Success with First Installation of a Wireless Charging System for Automatic Car Parks

Retrieved on: 
Monday, April 1, 2024
Electricity, EV, MDGS, EVS, APS, Electronics, Parking, Robotics, Movement, Mobile phone

Which has successfully completed the installation of its wireless charging system for an automated parking system (APS).

Key Points: 
  • Which has successfully completed the installation of its wireless charging system for an automated parking system (APS).
  • To the best of Charging Robotics’ knowledge, this is the first installation of a wireless charging system for automatic car parks.
  • Charging Robotics’ wireless charging system is intended to solve a growing problem for electric vehicles (EVs) that are parked in automatic car parks.
  • Charging Robotics believes that this challenge may be solved by its wireless charging system.

Medigus: Revoltz Initiates on Exclusive Distribution Agreement of $2.7 Million in Revenues and Completes the Production of the First 50 PORTO Micro-Mobility EVs

Retrieved on: 
Wednesday, March 27, 2024
Distributor, EV, MDGS, Longevity, Agreement, Lease

Tel Aviv, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, announced today that Revoltz Ltd, its EV joint venture, 19.9% owned by its subsidiary Fuel Doctor Holdings, Inc. (67.15%), completed its first production batch of 50 units of its micro-mobility electric vehicle, ‘PORTO’.

Key Points: 
  • The completion of production is a significant step in enabling Revoltz to prepare for shipment of units in accordance with the Agreement signed over the past year.
  • During 2023, Revoltz and a premier distributor in Israel (the “Distributor”) entered into the Agreement, worth $2.7 million in revenue, with the goal to steer the advanced PORTO EVs into Israel and adjacent territories.
  • As part of the agreement, the Distributor has already purchased 50 PORTO units for the last-mile delivery market and is committed to purchasing a total of 150 vehicles in the first year of the Agreement.
  • The PORTO uses an advanced tilting advanced leaning suspension mechanism ensures best in class stability even under full load.

Medigus: Charging Robotics Announces Successful Installment of its Wireless Charging System for Automatic Car Parks

Retrieved on: 
Tuesday, March 19, 2024
Electricity, EV, MDGS, EVS, APS, Electronics, Parking, Robotics, Movement, Mobile phone

To the best of Charging Robotics’ knowledge, this is the first installation of a wireless charging system for automatic car parks.

Key Points: 
  • To the best of Charging Robotics’ knowledge, this is the first installation of a wireless charging system for automatic car parks.
  • The system reaches a charging power of 10kW and includes managed charging capabilities to meet a limited supply of electricity and prioritize the charging process.
  • Charging Robotics’ wireless charging system is intended to solve a growing problem for electric vehicles (EVs) that are parked in automatic car parks.
  • Charging Robotics believes that this challenge may be solved by its wireless charging system.

Medigus: ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation

Retrieved on: 
Thursday, February 22, 2024
ALPP, OEM, EASA, UAS, DCAA, Nitrox, Safety, US-1, Alpine, MDGS, Partnership, Airline

Tel Aviv, Israel, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in electric vehicle charging solutions, advanced medical solutions, and innovative internet technologies, today announced that on February 20, 2024 ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, (18.68% owned by Medigus), announced that it has expanded its collaboration with Vayu Aerospace Corporation ("Vayu"), a US-based drone original equipment manufacturer (OEM) and subsidiary of Alpine 4 Holdings (“Alpine 4”) (Nasdaq: ALPP).

Key Points: 
  • The two companies worked together over the past two years enhancing safety solutions for Vayu’s commercial and military vertical take-off and landing (VTOL) aircraft.
  • With this new collaboration, ParaZero will customize its SafeAir system to be integrated at the design stage of Vayu’s G-1MKII VTOL aircraft.
  • Boaz Shetzer, Chief Executive Officer of ParaZero commented, “We are glad to strengthen our partnership with Vayu, an innovator in autonomous drone technology.
  • The system cuts power to the drone, alerts people on the ground with an audible alarm, and deploys a lightweight parachute, bringing the drone down to the ground in a safe, controlled descent.

Medigus: Revoltz Opens for Pre-Orders of its Revolutionary Micro Mobility EV

Retrieved on: 
Thursday, January 4, 2024
MDGS, FDOC, Transport, OTC, Robotics, EV

Tel Aviv, Israel, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced the launching of the pre-order of the PORTO, an innovative electric vehicle (EV) from its subsidiary, Revoltz Ltd.

Key Points: 
  • Revoltz specializes in high-end, mini electric vehicles, bringing innovation and elevating single-rider transportation.
  • Revoltz will enable customers to secure their specifically designed PORTO during the launch period.
  • The opening of pre-orders marks a significant step in Revoltz's commitment to offer sustainable, efficient and cutting-edge solutions for urban logistics.
  • By opening pre-orders for the PORTO, Revoltz is offering an exclusive opportunity to be among the first to experience this innovative delivery solution.

Medigus: Charging Robotics Announces Positive Results in Transferring High Voltage Wireless Electricity Needed for EV Charging

Retrieved on: 
Wednesday, December 27, 2023
AC, EVS, Electricity, USD, MDGS, Growth, Transport, Algorithm, Robotics, EV, Electric motor

This milestone included a successful experiment for transferring high voltage (up to 450 V) electricity in a wireless manner needed for electric vehicle (“EV”) charging.

Key Points: 
  • This milestone included a successful experiment for transferring high voltage (up to 450 V) electricity in a wireless manner needed for electric vehicle (“EV”) charging.
  • The experiment was conducted in order to verify that the proprietary voltage and current control algorithms developed by Charging Robotics are capable of controlling the voltage and current within the required limits.
  • The experimental system included two resonance coils designed and manufactured by Charging Robotics.
  • This successful experiment will enable the pilot program to progress to the next step, which is the full charging of an EV using the wireless charging system developed by Charging Robotics at a higher voltage.

Medigus: Charging Robotics Targets the $1.8 Billion Automated Parking Market for EV Wireless Charging Solution

Retrieved on: 
Tuesday, December 26, 2023
EVS, USD, MDGS, Growth, Transport, Robotics, Convenience, EV, Mobile phone

Tel Aviv, Israel, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced the launch of a unique pilot of a wireless charging solution to meet the growing demand for electric vehicle (EV) charging in automated parking systems.

Key Points: 
  • Charging Robotics received funding from the Israel Innovation Authority for its pilot project to develop and demonstrate its solution for wirelessly charging electric vehicles in automated parking systems.
  • Charging Robotics specializes in developing cutting-edge wireless charging solutions designed to seamlessly integrate into the evolving landscape of electric vehicle (EV) infrastructure.
  • Charging Robotics is at the forefront of innovation, focusing on the creation of wireless charging systems that can be deployed in various settings, including automated parking systems.
  • In August 2023, the company announced that it started a pilot project with an automatic car park provider in Israel to evaluate Charging Robotics' wireless charging system for electric vehicles.

Medigus: ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading Automotive Manufacturer

Retrieved on: 
Thursday, December 21, 2023
UAS, MDGS, Customer, Safety

Tel Aviv, Israel, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in electric vehicle charging solutions, advanced medical solutions, and innovative internet technologies, today announced that on December 20, 2023, ParaZero Technologies Ltd. (PRZO) ("ParaZero"), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, (33.36% owned by Medigus), announced the successful completion of its safety solution development for a Fortune 500 leading global automotive manufacturer’s ("the Customer") proprietary drone program. In line with the project's completion, ParaZero has received full payment for the development of a first of its kind development custom variant of its innovative SafeAir™ drone safety system.

Key Points: 
  • In line with the project's completion, ParaZero has received full payment for the development of a first of its kind development custom variant of its innovative SafeAir™ drone safety system.
  • This project involved development and testing of a custom groundbreaking ParaZero SafeAir™ system designed to meet challenging requirements and specifications to meet the Fortune 500 automotive manufacturer's proprietary aircraft from the design stage, ensuring optimized and seamless integration, at unique flight envelope and characteristics.
  • In addition to this achievement, ParaZero received its second purchase order from the Customer a few months ago.
  • This ongoing project further strengthens ParaZero's position as a leader in the aerospace industry, particularly in the development and integration of drone safety systems.

Medigus: Jeffs' Brands Signs a Non-Binding Letter of Intent to Invest in a Remote Wireless Electric Charging Technology Company

Retrieved on: 
Monday, December 18, 2023
Partner, Amazon Marketplace, Digital Light Processing, Aircraft, MDGS, LOI, DLP, Investment

Tel Aviv, Israel, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced that on December 15, 2023, Jeffs' Brands Ltd. (“Jeffs’ Brands”) (owned 34.87% by Medigus) a data-driven E-commerce company operating on the Amazon Marketplace, announced the signing of an additional non-binding letter of intent (“LOI") with Sky Growth Partners Ltd. (“Sky Growth”), to invest in advanced laser- based wireless charging technology systems, for the remote charging of drones and unmanned aircrafts (the “Investment”).

Key Points: 
  • According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo").
  • Following an investment of $2.5 million by Jeffs’ Brands, it will hold a 70% equity interest in NewCo.
  • The LOI also includes certain milestone conditions that if achieved by NewCo, will grant the founders, for no additional consideration, additional equity interests in NewCo.
  • The system will enable wireless charging for drones and unmanned aircrafts.