The EV Breakthrough That Changes Everything - Turning Charging Minutes into Massive Opportunity

Rhea-AI Summary

Elektros (OTC PINK:ELEK) announced it submitted a strategic licensing proposal to Waymo on March 25, 2026, centered on its patented multi-plug EV charging system (U.S. Patent No. 12,522,100 B1).

Elektros says the technology can cut typical charging from about one hour to 5–7 minutes, and the proposed license term would run May 1, 2026 through May 1, 2027 with renewal by mutual agreement.

Positive

• U.S. Patent 12,522,100 B1 issued for multi-plug EV charging system

Negative

• Proposal is not a signed license; no binding commercial agreement announced

News Market Reaction – ELEK

-10.23%

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-10.23% News Effect

On the day this news was published, ELEK declined 10.23%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SUNNY ISLES BEACH, FL / ACCESS Newswire / March 25, 2026 / "First and foremost, we thank the Almighty God for this extraordinary opportunity to help lead a paradigm shift in electric mobility - transforming how the world recharges electric vehicles from hours into mere minutes," said Shlomo Bleier, CEO of Elektros Inc. "What we are introducing is not just an improvement - it is a leap forward that has the potential to redefine efficiency, scalability, and the economics of EV infrastructure worldwide."

Elektros Inc. (OTC PINK:ELEK), an emerging leader in next-generation electric vehicle infrastructure, is proud to announce that it has formally submitted a strategic licensing proposal to Waymo LLC, a global pioneer in autonomous driving technology.

At the center of this proposal is Elektros' patented multi-plug EV charging system (U.S. Patent No. 12,522,100 B1), a breakthrough innovation engineered to dramatically reduce charging times from approximately one hour to as little as 5 to 7 minutes.

This powerful advancement directly targets one of the most critical bottlenecks in the adoption of electric vehicles: time. By virtually eliminating long charging delays, Elektros' technology opens the door to faster fleet operations, enhanced consumer convenience, and scalable solutions for the rapidly evolving autonomous mobility sector.

Waymo was selected as a proposed licensee due to its leadership in deploying cutting-edge autonomous technologies in real-world environments, making it an ideal candidate to help accelerate the integration of this next-generation charging solution.

Under the proposed agreement, Waymo would be granted access to Elektros' patented technology for an initial one-year term from May 1, 2026 through May 1, 2027, with the opportunity for renewal upon mutual agreement.

Elektros believes this initiative represents a bold step toward unlocking a future where charging speed is no longer a limitation, but a catalyst for growth, efficiency, and global adoption of electric mobility.

Patent Link:
View U.S. Patent No. 12,522,100 B1

Contact Information:
Website: www.elektros.energy
Email: elektrosinc@gmail.com
Phone: 786-477-9003

Forward-Looking Statements:

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially.

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What did Elektros (ELEK) announce about Waymo on March 25, 2026?

Elektros announced it submitted a strategic licensing proposal to Waymo for its charging technology. According to Elektros, the proposal would grant Waymo access to the patent for an initial one-year term from May 1, 2026 to May 1, 2027.

How fast does Elektros claim its patented charger (U.S. Patent 12,522,100 B1) can charge EVs?

Elektros claims charging time can be reduced to about 5–7 minutes from roughly one hour. According to Elektros, the multi-plug system is designed to dramatically shorten charging for fleet and consumer use.

Is the Elektros license to Waymo (ELEK) finalized and binding?

No, the announcement describes a submitted proposal, not a finalized deal. According to Elektros, the proposal outlines a one-year initial term but does not state that a binding license has been executed.

What is the proposed term for the Elektros license to Waymo (ELEK)?

The proposed license term would run from May 1, 2026 through May 1, 2027, with renewal by mutual agreement. According to Elektros, the one-year window is the initial period described in the proposal.

How could Elektros' (ELEK) technology affect autonomous fleet operations?

Faster charging could materially improve fleet utilization and turnaround times for autonomous vehicles. According to Elektros, reducing charge times to 5–7 minutes targets fleet scalability and operational efficiency in autonomous mobility.