- Business
- Aquarius Engines (A.M) Ltd. (TASE: AQUA) develops, produces and distributes linear internal combustion engines and generators for energy generation applications. The company offers MonoSide engines producing 5-8 kW of electric power and DoubleSide engines producing 10-16 kW; multi-fuel green power solutions including the AMBER5 system; and grid-independent power systems supporting eco-friendly fuels such as green gas for ultra-fast EV charging, data center backup, telecommunications infrastructure and off-grid power needs. Its products serve telecommunication centers, microgrids, truck powertrains, marine propulsion, aviation, automotive range extenders and defense applications; the company targets charging point operators, EV fleet owners and critical infrastructure providers with compact, scalable and low-emission solutions deployable in urban and remote areas. Aquarius Engines (A.M) Ltd., founded in 2014, maintains headquarters in Yakum, Israel, with approximately 60-63 employees and development centers supporting global expansion. In recent developments, the company raised $10.3 million in a January 2025 private investment round at a 66% premium to market price from strategic investors including management and figures such as Elial Schleider and Leon Recanati, while planning NASDAQ listing within 12 months; it secured a $5 million investment from Japanese auto-parts firm TPR and formed partnerships with Honda affiliate Musashi Seimitsu for R&D, assembly and distribution via a new Japanese subsidiary; additionally, Aquarius signed a memorandum of understanding with EnviroCharge for a 2025 U.S. pilot integrating its systems into EV charging for a major car rental company, alongside collaborations like Galooli for energy management analytics.