xylo

Xylo Technologies: Charging Robotics and Make My Day to Deploy AI based EV Charging Management 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
Charging Robotics Announces Successful Installment of its Wireless Charging System for Automatic Car Parks
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Xylo Technologies Ltd. (Nasdaq: XYLO) is a technologies company that is focused on innovative growth partnerships, mainly in advanced medical solutions, online and e-Commerce, and electric vehicle markets. Xylo Technologies’ affiliations in the medical solutions arena consist of ownership in ScoutCam (OTCQB: SCTC), Inc, and Polyzion, LTD. The Company’s affiliates in digital commerce include Gix Internet Ltd. (TASE:GIX), Jeff’s Brands and Eventer Technologies, Ltd. In the electric vehicle market, Charging Robotics, Ltd. and Revolz are also part of the Company’s portfolio of technology solution providers.
COMPANIES

Xylo Technologies: Charging Robotics and Make My Day to Deploy AI based EV Charging Management System
TEL AVIV, Israel, May 15, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo”), a technology-based company engaged in advanced innovative technologies, announces today that Charging Robotics, Inc. (OTC: FDOCD) (“Charging Robotics”), an innovator of wireless charging solutions held 67% by Xylo, as part of its collaboration with Make My Day Ltd. ("Make My Day”), a market leader in the field of electric vehicle (EV) fleet management for minimizing EV battery consumption, reached the final stages of development of their software for EV charging management in automatic car parks.
The charging management system uses machine learning and artificial intelligence (AI) algorithms in an attempt to meet the growing shortage of electricity for EV charging. With the rise in EV adoption, there is growing concern that a given facility’s available electricity supply will not be sufficient to fully charge all EVs parked in the typical automatic parking facility in the required time. In order to address this need, Charging Robotics and Make My Day jointly developed a charging management software that allows the wireless system in automatic car parks to prioritize the charge sequence for all present EVs and deliver the exact amount of electricity each EV needs.
This software uses predictive machine learning and AI algorithms to supply each EV the required amount of electricity needed for their respective driver’s planned drives. It also prioritizes the charge order based on the planned departure time of each driver, the vehicle type, driving style and other parameters. This software is based on Make My Day’s expertise in EV fleet management with the adaptations to the Charging Robotics system for wireless charging in automatic parking facilities. The software is seamlessly integrated into the Charging Robotics user interface and works with Charging Robotics’ system for wireless charging in automatic car parks, allowing drivers to charge EVs in places where the driver cannot physically access a charging plug.
Charging Robotics recently installed its wireless charging system as part of a pilot project in an automatic parking facility in Tel Aviv, Israel.
“We are pleased with the cooperation with Make My Day in developing this exciting feature. We believe that it will add value for our future customers and allow them to use limited electricity supply to optimally charge their EVs” said Hovav Gilan, CEO of Charging Robotics.
About Make My Day
Make My Day is a premier solution provider, that specializes in streamlining the transition and operation of electric vehicle (EV) fleets, contributing significantly to the reduction of CO2 emissions. Make My Day helps companies, fleets, and automotive leaders quickly and efficiently transition to all green electric vehicles using Make My Day technology.
www.makemydayapp.com
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
Following completion of initial production, Revoltz sets up for delivery in accordance with its distribution agreement (the “Agreement”) , aiming to sell 150 vehicles in the first year of the A greement
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’.
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 five-year Agreement includes annual and scaling-up sales targets for each year.
The Distributor will provide service and maintenance for the PORTO vehicles as part of the Agreement, ensuring high-quality support and longevity for customers focusing mainly on the local delivery market.
Revoltz has made strides in the EV industry with the launch of its flagship model, PORTO, which provides a seamless blend of functionality, sturdy design, and agility, designed specifically for the growing last-mile delivery market. The PORTO vehicle provides 100 km range with a delivery payload of 250L on a single charge, offering similar payload capacity as a small hatchback car at lower cost and with the ability to maneuver in tight urban environments. The PORTO uses an advanced tilting advanced leaning suspension mechanism ensures best in class stability even under full load. With high volume loading spaces integrated over both axles, the cargo weight is distributed evenly, making for a safe and confident ride with unmatched vehicle dimensions.
Medigus: ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation
As part of the ongoing collaboration with Vayu Aerospace, ParaZero's safety systems will be integrated into Vayu’s fleet of delivery drones
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).
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. According to Research and Markets the global market for VTOL unmanned aerial vehicles is projected to reach a size of $27.5 Billion by 2030, growing at a CAGR of 19.9% between 2022 and 2030. With this new collaboration, ParaZero will customize its SafeAir system to be integrated at the design stage of Vayu’s G-1MKII VTOL aircraft. The two companies also have performance-based regulatory compliance testing and validation planned for the near future to unlock a range of use cases for Vayu’s global customers.
Boaz Shetzer, Chief Executive Officer of ParaZero commented, “We are glad to strengthen our partnership with Vayu, an innovator in autonomous drone technology. We have many successes from around the world in aiding our customers to achieve regulatory approvals for advanced operations using our SafeAir parachute systems. As we move forward integrating our SafeAir system from the design stage of Vayu’s cutting-edge VTOLs, we are setting new standards in drone safety and functionality.”
Kent Wilson, Chief Executive Officer of Alpine 4 and Vayu commented, “We at Alpine 4 and Vayu Aerospace are thrilled to partner with ParaZero, a leader in aviation safety solutions. Incorporating their parachute system into our G-1 and US-1 platforms signifies a monumental step forward in ensuring the utmost safety of our operations. This feature is not just an enhancement; it is a fundamental component that underlines our commitment to safe, reliable, and efficient aerial solutions. Further, it is a pivotal integration for our sister company, Global Autonomous Corporation, to achieve Beyond Visual Line of Sight (BVLOS) flight permissions from the Dubai Civil Aviation Authority (DCAA) and within Dubai, UAE.”
Nathan Grier, Director of Flight Operations of Vayu, commented, “Our mission is to push the boundaries of aerial innovation and safety, ensuring that our operations not only meet, but exceed the stringent standards set forth by regulatory bodies worldwide. Our partnership with ParaZero is a testament to this commitment. Their unparalleled experience with EASA certifications positions us uniquely for the successful completion of Global Autonomous Corporation's Validation Test Campaign in Dubai and paves the way for our future EASA certifications in Europe. Integrating ParaZero's SafeAir systems into our fleet signifies a leap forward in operational safety and regulatory compliance, enabling us to undertake complex operations with confidence.”
ParaZero’s SafeAir is an uncrewed aircraft system (UAS) parachute recovery system that mitigates flight risks autonomously. The SafeAir system is equipped with integrated sensors that continuously monitor and analyze the drone’s flight patterns to identify any indications of a critical failure. When triggered, the SmartAir Pro™, ParaZero’s onboard computer, responds with an instantaneous activation of the SafeAir system. 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.
About ParaZero Technologies
ParaZero Technologies Ltd. ( https://parazero.com/ ) is a world-leading developer of autonomous parachute safety systems for commercial drone and urban air mobility (UAM) aircraft. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero designs smart, autonomous parachute safety systems designed to enable safe flight operations overpopulated areas and beyond-visual-line-of-sight (BVLOS).
About Vayu Aerospace
Vayu Aerospace Corporation is a wholly owned subsidiary of Alpine 4 Holdings, Inc, a Nasdaq traded company trading under the ticker symbol ALPP. Vayu Aerospace resides under Alpine 4’s Aerospace portfolio of businesses.
NEWS
- GlobeNewswireMedigus Announces Corporate Rebranding Changes Name to Xylo Technologies Ltd. to Reflect Core Values of its Business
- GlobeNewswireMedigus Reaps Success with First Installation of a Wireless Charging System for Automatic Car Parks
- Medigus: Charging Robotics Announces Successful Installment of its Wireless Charging System for Automatic Car Parks
- GlobeNewswireMedigus: ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation
- GlobeNewswireMedigus: Charging Robotics Targets the $1.8 Billion Automated Parking Market for EV Wireless Charging Solution
- GlobeNewswireMedigus: Metagramm to Develop Bubbl, its Most Advanced AI-Powered Writing and Grammar Tool
MANAGEMENT
Liron Carmel- Chief Executive Officer, Xylo Technologies Ltd.
Mr. Carmel serves as Chief Executive Officer and director of CannaPowder (PINK: CAPD), a bio-pharma company dedicated to developing and applying innovative technology in the cannabinoid field. Mr. Carmel also serves as a director of Chiron Refineries Ltd. (TASE: CHR), a company engaged in consulting and initiation of transactions in the refineries field. In addition he serves as chairman of the Israel Tennis Table Association. He also served as vice president business development at Yaad Givatayim development, a municipal corporation dedicated to initiate, develop and establish projects of public importance. Prior to Yaad Givatayim, Mr. Carmel served as an investment manager and as a research and strategy analyst at Excellence Nessuah, one of the leading companies in the field of provident and advanced studies funds in Israel
Tali Dinar- CFO
A senior executive with a two-decade track record in public and private companies in a global environment. Has proven leadership skills in managing global finance, holding and industrial organizations. Served as CFO at MICT Inc., a public traded company on NASDAQ (NASDAQ: MICT) and as CFO at Enertec Systems (2001) Ltd, an Industrial Company in the defense market. Mrs. Dinar serves as a director of Micronet Ltd.(TASE:MCRNT) a company is engaged in computer systems and terminals for the management of vehicle fleets. In addition, she also serves as a director of Canzon Israel Ltd. (TASE:CNZN). Mrs. Dinar holds a B.A. in Accounting and Business Administration from The College of Management
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