Keyarch Acquisition Corporation, established in New York, New York in 2021, initially operated as a special purpose acquisition company. Its primary objective was to identify and complete a significant business combination, such as a merger, share exchange, or asset acquisition, with one or more enterprises within the disruptive technology and innovative services industries worldwide, excluding certain regions. The company successfully concluded its business combination with ZOOZ Power Ltd. through a reverse merger transaction on April 4, 2024. ZOOZ Power Ltd. is recognized for its advanced flywheel-based power boosting solutions, specifically designed for the electric vehicle charging infrastructure market.