{"id":1001873,"date":"2026-09-09T10:40:40","date_gmt":"2026-09-09T14:40:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/"},"modified":"2026-09-09T10:40:40","modified_gmt":"2026-09-09T14:40:40","slug":"prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/","title":{"rendered":"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong><br \/>\n          <em>New structure designed to enable direct strategic investment, partnerships, and commercial collaborations<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong><br \/>\n          <em>GridFeed built on validated AI technology and commercial engagements with leading renewable energy companies<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong><br \/>\n          <em>Platform to be showcased to more than 2,500 energy-market professionals at Energy Trading Week Europe in London<\/em><br \/>\n        <\/strong>\u00a0<\/p>\n<p align=\"justify\">TEL AVIV, Israel, Sept.  09, 2026  (GLOBE NEWSWIRE) &#8212; PRF Technologies Ltd. (Nasdaq: PRFX) (\u201cPRF\u201d or the \u201cCompany\u201d) today announced its plan to establish GridFeed\u2122, together with its DeepSolar operations, as a standalone, wholly owned subsidiary, creating a dedicated platform for the continued growth and commercialization of PRF&#8217;s AI-driven renewable energy technology.<\/p>\n<p align=\"justify\">The new structure is intended to enable GridFeed to pursue strategic investment, partnerships and commercial opportunities directly with renewable energy producers, energy traders, utilities, technology companies and sector-focused investors.<\/p>\n<p align=\"justify\">GridFeed helps renewable energy operators move beyond producing power to actively managing their financial exposure in increasingly volatile electricity markets. Built on DeepSolar\u2019s AI engine, the platform combines localized weather intelligence, AI-driven production forecasting, battery storage orchestration and market analytics to support day-ahead, intraday and continuous trading decisions, reduce imbalance exposure and maximize the revenue generated by solar, wind and battery storage assets.<\/p>\n<p>The decision follows a period of meaningful technology and product advancement, during which GridFeed advanced toward commercial deployment:<\/p>\n<ul type=\"disc\">\n<li>Validated the AI engine powering GridFeed using real-world European utility-scale production, weather, and market data across day-ahead and intraday use cases, while extending the platform into battery energy storage through its Battery-to-Revenue Intelligence capabilities;<\/li>\n<li>Achieved further external recognition of GridFeed\u2019s technology through acceptance into the NVIDIA Connect program; and<\/li>\n<li>Filed PRF\u2019s first patent application related to GridFeed, covering plant-level microclimate forecasting technology designed to improve the accuracy and localization of renewable energy forecasting.<\/li>\n<\/ul>\n<p align=\"justify\">Efraim Cohen-Arazi, Interim Chief Executive Officer of PRF Technologies, commented, \u201cWe have built GridFeed into a validated AI platform that addresses one of the most pressing problems in renewable energy: how operators turn production into optimized market revenue. GridFeed\u2019s next phase of growth is expected to be best served by working alongside partners with deep expertise in energy markets, energy trading and renewable asset operation. Establishing GridFeed as a standalone subsidiary is intended to give us a clean vehicle to pursue those strategic options \u2013 whether partnerships, strategic investment or other transactions.\u201d<\/p>\n<p align=\"justify\">GridFeed will be showcased at Energy Trading Week Europe 2026, September 24\u201325, 2026 at the Business Design Centre in London, an event expected to attract more than 2,500 energy trading professionals. The Company plans to present to traders, asset owners, operators and balancing responsible parties, join an industry panel and hold meetings with prospective customers and partners.<\/p>\n<p align=\"justify\">PRF ended the second quarter of 2026 with approximately $11.6 million in cash and continues to advance its healthcare programs, including the planned U.S. multi-center Phase II trial of OcuRing\u2122-K.<\/p>\n<p>\n        <strong>About PRF Technologies<\/strong>\n      <\/p>\n<p align=\"justify\">PRF Technologies (Nasdaq: PRFX) is a company focused on the reformulation of established therapeutics, and a developer of AI-driven energy optimization technologies through its DeepSolar platform. The Company\u2019s pharmaceutical programs leverage a proprietary extended-release drug-delivery system intended to provide prolonged post-surgical pain relief while minimizing the need for repeated dosing and reducing reliance on opioids. Through DeepSolar and GridFeed, PRF also delivers advanced software solutions that enable both consumers and enterprises to monitor, forecast, trade and optimize energy \u2013 particularly in solar-integrated environments. This dual business model reflects PRF\u2019s strategic commitment to applying precision technology across high-impact sectors including healthcare and sustainable energy. For more information, please visit www.prf-tech.com.<\/p>\n<p>\n        <strong>Notice Regarding Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains forward-looking statements about PRF\u2019s expectations, beliefs and intentions including with respect to statements related to the establishment of GridFeed as a wholly owned subsidiary and the anticipated benefits of that structure; the ability of GridFeed to attract strategic partners and sector-focused investors and the terms of any such transactions; the commercialization, customer adoption, revenue generation and growth prospects of DeepSolar and its solutions, including GridFeed; the expected benefits of strategic collaborations and partnerships; the Company\u2019s participation in industry events and resulting business opportunities; the development, regulatory progress, clinical advancement and commercialization of OcuRing\u2122-K and PRF-110; the initiation, timing, conduct and outcomes of planned clinical trials; the Company\u2019s business strategy, growth initiatives and future operational plans; the sufficiency of the Company\u2019s capital resources and financial position; and the Company\u2019s future performance, prospects and opportunities. Forward-looking statements can be identified by the use of forward-looking words such as \u201cbelieve\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cplan\u201d, \u201cmay\u201d, \u201cshould\u201d, \u201ccould\u201d, \u201cmight\u201d, \u201cseek\u201d, \u201ctarget\u201d, \u201cwill\u201d, \u201cproject\u201d, \u201cforecast\u201d, \u201ccontinue\u201d or \u201canticipate\u201d or their negatives or variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical matters. These forward-looking statements are based on assumptions and assessments made in light of management\u2019s experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements in this press release are made as of the date of this press release, and we undertake no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of our control. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the following: the Company\u2019s ability to complete the formation of the subsidiary and the transfer of assets on the expected terms and timeline; the Company\u2019s ability to identify, negotiate and consummate strategic partnerships, collaborations or investments at the subsidiary level on acceptable terms, or at all; the Company\u2019s history of losses and need for additional capital to fund its operations and its ability to obtain additional capital on acceptable terms, or at all; the Company\u2019s dependence on the success of its initial product candidates, including OcuRing\u2122-K, and the commercialization of the DeepSolar and GridFeed solutions; the outcomes of preclinical studies, clinical trials and other research regarding OcuRing and PRF-110; the Company\u2019s limited experience managing clinical trials; the Company\u2019s ability to retain key personnel and recruit additional employees; the Company\u2019s reliance on third parties for the conduct of clinical trials, product manufacturing and development; the impact of competition and new technologies; the Company\u2019s ability to comply with regulatory requirements relating to the development and marketing of its product candidates; the Company\u2019s ability to establish and maintain strategic partnerships and other corporate collaborations; the implementation of the Company\u2019s business model and strategic plans for its business and product candidates; the scope of protection the Company is able to establish and maintain for intellectual property rights covering its product candidates and technologies and its ability to operate its business without infringing the intellectual property rights of others; the overall global economic environment; the Company\u2019s ability to maintain compliance with Nasdaq\u2019s continued listing requirements, including the minimum shareholders\u2019 equity and minimum Market Value of Listed Securities (MVLS) requirements, and to maintain the listing of its ordinary shares on Nasdaq; the Company\u2019s ability to develop an active trading market for its ordinary shares and whether the market price of its ordinary shares is volatile; and the impact of the political and security situation in Israel on the Company\u2019s business, including as a result of the current security situation in Israel. More detailed information about the risks and uncertainties affecting us is contained under the heading \u201cRisk Factors\u201d included in the Company\u2019s most recent Annual Report on Form 20-F and in other filings that we have made and may make with the Securities and Exchange Commission in the future.<\/em>\n      <\/p>\n<p>\n        <strong>Contact:<\/strong>\n      <\/p>\n<p>Crescendo Communications, LLC<br \/>Tel: 212-671-1021<br \/>Email: prfx@crescendo-ir.com<\/p>\n<p>Dr. Ehud Geller, Chairman<br \/>PRF Technologies Ltd.<br \/>Tel: +972-54-4236711<br \/>Email: egeller@medicavp.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMzEwNSM3ODIzMTY2IzIyMDM1NzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjNjZDc3ZTAtN2RkZi00OWU1LWI5YjctMzZiZTY4NDI3ZTUyLTEyMTUxMjctMjAyNi0wOS0wOS1lbg==\/tiny\/PRF-Technologies-Ltd.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New structure designed to enable direct strategic investment, partnerships, and commercial collaborations GridFeed built on validated AI technology and commercial engagements with leading renewable energy companies Platform to be showcased to more than 2,500 energy-market professionals at Energy Trading Week Europe in London \u00a0 TEL AVIV, Israel, Sept. 09, 2026 (GLOBE NEWSWIRE) &#8212; PRF Technologies Ltd. (Nasdaq: PRFX) (\u201cPRF\u201d or the \u201cCompany\u201d) today announced its plan to establish GridFeed\u2122, together with its DeepSolar operations, as a standalone, wholly owned subsidiary, creating a dedicated platform for the continued growth and commercialization of PRF&#8217;s AI-driven renewable energy technology. The new structure is intended to enable GridFeed to pursue strategic investment, partnerships and commercial opportunities directly with renewable energy producers, energy traders, utilities, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1001873","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New structure designed to enable direct strategic investment, partnerships, and commercial collaborations GridFeed built on validated AI technology and commercial engagements with leading renewable energy companies Platform to be showcased to more than 2,500 energy-market professionals at Energy Trading Week Europe in London \u00a0 TEL AVIV, Israel, Sept. 09, 2026 (GLOBE NEWSWIRE) &#8212; PRF Technologies Ltd. (Nasdaq: PRFX) (\u201cPRF\u201d or the \u201cCompany\u201d) today announced its plan to establish GridFeed\u2122, together with its DeepSolar operations, as a standalone, wholly owned subsidiary, creating a dedicated platform for the continued growth and commercialization of PRF&#8217;s AI-driven renewable energy technology. The new structure is intended to enable GridFeed to pursue strategic investment, partnerships and commercial opportunities directly with renewable energy producers, energy traders, utilities, &hellip; Continue reading &quot;PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-09T14:40:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMzEwNSM3ODIzMTY2IzIyMDM1NzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform\",\"datePublished\":\"2026-09-09T14:40:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/\"},\"wordCount\":1324,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgyMzEwNSM3ODIzMTY2IzIyMDM1NzQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\\\/\",\"name\":\"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform - 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(Nasdaq: PRFX) (\u201cPRF\u201d or the \u201cCompany\u201d) today announced its plan to establish GridFeed\u2122, together with its DeepSolar operations, as a standalone, wholly owned subsidiary, creating a dedicated platform for the continued growth and commercialization of PRF&#8217;s AI-driven renewable energy technology. The new structure is intended to enable GridFeed to pursue strategic investment, partnerships and commercial opportunities directly with renewable energy producers, energy traders, utilities, &hellip; Continue reading \"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-09T14:40:40+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMzEwNSM3ODIzMTY2IzIyMDM1NzQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform","datePublished":"2026-09-09T14:40:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/"},"wordCount":1324,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMzEwNSM3ODIzMTY2IzIyMDM1NzQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/prf-technologies-to-establish-gridfeed-as-a-standalone-subsidiary-to-pursue-strategic-alliances-for-its-ai-driven-renewable-energy-trading-platform\/","name":"PRF Technologies to Establish GridFeed\u2122 as a Standalone Subsidiary to Pursue Strategic Alliances for Its AI-Driven Renewable Energy Trading Platform - 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