ELEKTROS Inc. Turns the Page Following Patent Review and Focuses on Expanding Its High-Speed EV Charging Infrastructure

Rhea-AI Summary

ELEKTROS (OTC:ELEK) announced it will not pursue further action regarding U.S. Patent No. 12,522,100 B1 after reviewing Jaguar Land Rover’s response. Management plans 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. charging infrastructure installer, pending 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 patent decision did ELEKTROS (OTC:ELEK) announce on June 27, 2026?

ELEKTROS announced it will not pursue further action related to U.S. Patent No. 12,522,100 B1. According to ELEKTROS, this decision follows review of Jaguar Land Rover’s response and allows management to focus on executing the company’s strategic growth initiatives and long-term business vision.

How is ELEKTROS (OTC:ELEK) expanding its high-speed EV charging network in 2026?

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

What installation partnerships is ELEKTROS (OTC:ELEK) exploring for its EV chargers?

ELEKTROS is in discussions with a major U.S. EV charging infrastructure installer about a potential installation project. According to ELEKTROS, any collaboration remains subject to completion of definitive agreements, reflecting an early-stage step in expanding the company’s charging infrastructure footprint.

What strategic focus did ELEKTROS (OTC:ELEK) highlight in its June 2026 update?

ELEKTROS emphasized focusing on executing strategic growth initiatives and building its EV charging business. According to ELEKTROS, management views negotiations for 10–15 branded high-speed charging stations and talks with a major installer as aligned with its long-term vision for the company.

How many EV charging stations is ELEKTROS (OTC:ELEK) currently planning for its new site?

ELEKTROS is negotiating for a site that could host approximately 10 to 15 high-speed EV charging stations. According to ELEKTROS, these chargers would operate under the ELEKTROS brand as part of efforts to expand its presence in the EV charging infrastructure market.