Bladeranger divests Deepsolar to Painreform in strategic move

magazine (Tase: BLRN), a company specialized in the technology of cleaning the solar panels, announced a great strategic step: selling its deep program to Painreform (NASDAQ: PRFX). This deal represents a shift in Bladranger's concentration, allowing the company to focus on its basic experience.

Deepsolar, obtained by Bladraranger in early 2023, is an advanced solution designed software to improve the management of solar photovoltaic fields, which was obtained by Bladiranger at the beginning of 2023. The platform uses an automatic diagnosis to enhance efficiency and profitability in the production of renewable energy. Submit food to commercial and private customers.

The sale of Painreform includes the exchange of stocks and transferred stock orders, with the Bladraranger assessment of the deal by about $ 4 million. According to reports, Bladraranger will get Painreform shares, which represents about 9.9 % of the current Painreform shares, along with convertible stock orders. Although stock orders, along with stocks, can represent a greater percentage of pain, the total total property of Bladraranger Caps is 9.9 %. Bladraranger expects a capital profit from this deal in the first half of 2025.

The painful investment plans for further development and marketing Deepsolar activities, and it is also expected to employ some Bladraranger employees and service providers, who will continue development activity.

“The deal, which provides a great value for Bladraranger, will help focus our activities in the field of solar energy cleaning solutions, with our resources focusing on developing and marketing the primary product, and maintaining our ability to enjoy the fruits of the activity that is sold, without Additional development expenses.

It was published by Globes, Israel Business News – En.globes.co.il – on February 18, 2025.

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