ELEKTROS Inc. Focuses on Future Growth as Company Pursues New EV Charging Location and Infrastructure Expansion

Rhea-AI Summary

ELEKTROS (OTC PINK: ELEK) chose not to pursue further action related to U.S. Patent No. 12,522,100 B1 after reviewing Jaguar Land Rover's response. Management aims to focus on strategic growth, negotiating a site for about 10–15 high-speed EV charging stations and discussing a potential installation project with a major U.S. EV charging infrastructure installer, subject to definitive agreements.

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WEST PALM BEACH, FL / ACCESS Newswire / June 27, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) announced that, following correspondence regarding U.S. Patent No. 12,522,100 B1, the Company has reviewed Jaguar Land Rover's response and has elected not to pursue the matter further. Management believes this allows the Company to focus its attention on executing its strategic growth initiatives.

The Company is negotiating to secure a location for approximately 10 to 15 high-speed EV charging stations to operate under the ELEKTROS brand. In parallel, the Company is in discussions with a major U.S. EV charging infrastructure installer regarding a potential installation project, subject to completing definitive agreements.

This is an exciting step for ELEKTROS as we focus on building our business and executing our long-term vision," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc.

Forward-Looking Statements:
This news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied. Negotiations and proposed projects remain subject to execution of definitive agreements and customary conditions.

Contact Information
ELEKTROS Inc.
West Palm Beach, Florida
Phone: 786-477-9003
Email: elektrosinc@gmail.com

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What strategic decision did ELEKTROS (ELEK) make about U.S. Patent No. 12,522,100 B1 in June 2026?

ELEKTROS decided not to pursue further action related to U.S. Patent No. 12,522,100 B1. According to Elektros, this choice allows management to concentrate resources on strategic growth initiatives and business development rather than continuing correspondence regarding the patent.

How is ELEKTROS (ELEK) planning to expand its EV charging network in 2026?

ELEKTROS is negotiating to secure a location for approximately 10 to 15 high-speed EV charging stations. According to Elektros, these chargers would operate under the ELEKTROS brand and support the company’s strategy to build its business and advance its long-term EV charging vision.

What potential partnership is ELEKTROS (ELEK) discussing for EV charging infrastructure installation?

ELEKTROS is in discussions with a major U.S. EV charging infrastructure installer about a possible installation project. According to Elektros, any project remains subject to completion of definitive agreements, meaning terms are not yet finalized or binding for either party.

What does the new EV charging location plan mean for ELEKTROS (ELEK) shareholders?

The planned site for 10 to 15 high-speed EV chargers reflects a focus on business expansion. According to Elektros, these negotiations align with executing strategic growth initiatives, though the company has not disclosed financial terms, timelines, or confirmed agreements for investors yet.

Who commented on ELEKTROS (ELEK) growth plans and what was emphasized?

Chief Executive Officer Shlomo Bleier highlighted the EV charging initiatives as an exciting step for ELEKTROS. According to Elektros, management is concentrating on building the business and executing its long-term vision through new charging locations and potential infrastructure partnerships.