ELEKTROS Reports Strategic Interest in Proprietary EV Charging Patent

Rhea-AI Summary

Elektros (OTC Pink: ELEK) reported that it is in confidential discussions with a prospective strategic participant in the electric vehicle charging industry about a possible acquisition of its U.S. Patent No. 12,522,100 B1, titled “Multi-Port Charging Assembly for Electric Vehicles.” The prospective party has signaled strong interest in the technology, and both sides are evaluating a potential transaction involving the patent and related rights. No binding or definitive agreement has been signed, and Elektros cautioned that there is no assurance any transaction will be completed. Management indicated it will update shareholders if and when material developments occur.

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Publicly Traded • ELEKTROS Inc. • Ticker Symbol: ELEK

WEST PALM BEACH, FL / ACCESS Newswire / July 29, 2026 / ELEKTROS Inc. (OTC Pink:ELEK) announced that it is engaged in confidential discussions with a prospective strategic participant in the electric vehicle charging industry regarding a possible acquisition of U.S. Patent No. 12,522,100 B1, "Multi-Port Charging Assembly for Electric Vehicles."

The interested party has expressed significant interest in the technology and the parties are evaluating a potential transaction involving the patent and related rights. No definitive agreement has been signed, and there can be no assurance that a transaction will be completed.

Management stated it will keep shareholders informed if material developments occur.

Forward-Looking Statements: This release contains forward-looking statements subject to risks and uncertainties. Actual results may differ materially.

Contact Information
ELEKTROS Inc.
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What strategic interest in Elektros (ELEK) EV charging patent was announced on July 29, 2026?

Elektros disclosed confidential talks with a prospective strategic participant about a possible acquisition of U.S. Patent No. 12,522,100 B1. According to Elektros, the third party has expressed significant interest in the multi-port EV charging technology and related rights.

Which Elektros (ELEK) patent is being evaluated for a possible transaction in 2026?

The patent under discussion is U.S. Patent No. 12,522,100 B1, titled “Multi-Port Charging Assembly for Electric Vehicles.” According to Elektros, the parties are evaluating a potential transaction involving this patent and associated rights in the EV charging sector.

Has Elektros (ELEK) signed a definitive agreement to sell its EV charging patent?

No, Elektros has not signed any definitive agreement to sell the patent. According to Elektros, discussions are ongoing, and there is no assurance that a transaction involving U.S. Patent No. 12,522,100 B1 and related rights will be completed.

How will Elektros (ELEK) shareholders be informed about developments in the patent discussions?

Elektros plans to update shareholders only if material developments occur in the patent negotiations. According to Elektros, management will communicate future significant changes regarding the potential transaction involving U.S. Patent No. 12,522,100 B1 and related intellectual property rights.

Who is the prospective strategic participant interested in Elektros (ELEK) EV charging patent?

The identity of the prospective strategic participant has not been disclosed. According to Elektros, discussions are confidential with a participant in the electric vehicle charging industry regarding a possible acquisition of its U.S. Patent No. 12,522,100 B1 and related rights.