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PRF Technologies targets AI data center power

PRF Technologies is positioning GridFeed as a potential AI data center power-optimization solution while moving it into a dedicated wholly owned subsidiary structure.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PRF Technologies Ltd. (PRFX) reported that GridFeed™, its AI-driven energy intelligence platform, is exploring the AI and hyperscale data center market as a strategic growth opportunity. Management believes GridFeed’s existing “predict, simulate, optimize and recommend” engine, currently used for renewable assets and batteries, could help data centers manage limited power capacity and allocate each megawatt to its highest-value use.

The company plans to evaluate applications such as workload shifting, energy cost optimization, battery charge/discharge strategies, demand response and real-time power allocation with industry partners across the data center ecosystem. PRF recently decided to establish GridFeed, together with DeepSolar operations, as a standalone, wholly owned subsidiary to provide flexibility to pursue new markets, including data centers, while continuing its pharmaceutical reformulation programs.

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Filing Explained

The filing adds disclosure to existing registration statements, but reports exploration—not an offering, sale, or completed commercial arrangement.

Form 6-K is an interim report for a foreign private issuer to furnish material home-market information; here, the September 16, 2026 filing places GridFeed’s data-center initiative at the evaluation stage, so it reports a proposed expansion rather than a completed commercial or ownership transaction.

The release says the team is actively evaluating the use case and potential collaborations, including pilots, co-development and strategic investment; these are listed possibilities, not disclosed commitments.

It also states that the first two paragraphs of the release are incorporated by reference into the listed Form S-8 and Form F-3 registration statements from the submission date, unless later superseded.

That makes the introductory release disclosure part of those registration statements; the filing does not report that securities were offered or sold.

The filing’s identified next milestones are completion of the subsidiary formation and asset transfer, adaptation for data-center operators, and any partner, pilot, co-development or investment arrangement.

Global data center electricity use 2025 485 TWh International Energy Agency projection baseline for 2025
Global data center electricity use 2030 950 TWh International Energy Agency projection for 2030, roughly double 2025
AI-focused data center consumption Expected to triple by 2030 IEA projection for AI-focused data center electricity use 2025–2030
Press release date September 16, 2026 Date PRF announced GridFeed’s AI data center initiative
Subsidiary plan announcement date September 9, 2026 Date PRF announced plan to establish GridFeed and DeepSolar as a wholly owned subsidiary
hyperscale data center technical
"its AI-driven energy intelligence and optimization platform, is exploring the AI and hyperscale data center market"
A hyperscale data center is a very large, highly automated facility designed to house thousands of servers and networking devices that can quickly expand to handle massive computing and storage needs. For investors it matters because these centers support cloud services, streaming and AI workloads that drive steady, high-volume revenue; owning or serving hyperscale capacity signals scale, lower per-unit costs and exposure to fast-growing digital demand.
demand response technical
"applications that GridFeed plans to explore with industry partners include workload shifting, energy cost optimization, battery charge and discharge strategies, demand response and real-time power allocation"
Demand response is a program or market mechanism where electricity users are paid or incentivized to reduce or shift their power use when the grid is stressed or prices are high, similar to turning down nonessential appliances during a heat wave to ease a traffic jam. It matters to investors because it can lower peak energy costs, affect utility revenues and market prices, and create opportunities for companies that provide the software, equipment, or services that enable those load changes.
data center infrastructure management (DCIM) technical
"include workload orchestration, data center infrastructure management (DCIM), energy management system (EMS) and facility management platform providers"
Data center infrastructure management (DCIM) is software and a set of practices that monitor and coordinate a data center’s physical assets—servers, power systems, cooling, cabling and available floor space—like a building manager that watches temperature, electricity and room layout. Investors care because DCIM reduces the chance of costly outages, improves energy and space efficiency, and makes future expansion or capital spending more predictable, all of which affect operating costs and returns.
energy management system (EMS) technical
"data center infrastructure management (DCIM), energy management system (EMS) and facility management platform providers"
An energy management system (EMS) is a set of hardware, software and processes that monitor, control and optimize how energy is produced, stored and used in a building, facility or electrical grid. It acts like a thermostat and traffic controller combined, collecting data from meters and devices, making automated adjustments and reporting performance. Investors care because an EMS can lower energy costs, improve reliability, support regulatory compliance and reveal efficiency or revenue opportunities tied to energy use.
International Energy Agency financial
"According to the International Energy Agency (IEA), global data center electricity consumption is projected"
Market Value of Listed Securities (MVLS) financial
"Nasdaq’s continued listing requirements, including the minimum shareholders’ equity and minimum Market Value of Listed Securities (MVLS) requirements"
Market value of listed securities (MVLS) is the market value of the shares a company has listed on an exchange, calculated as the closing bid price multiplied by the number of listed shares. Exchanges use MVLS as a continued-listing standard, so a company that stays under the required minimum receives a deficiency notice and is given a set period to recover before facing delisting.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PRF Technologies (PRFX) announce about GridFeed and AI data centers?

PRF Technologies announced that GridFeed™, its AI-driven energy intelligence platform, is exploring the AI and hyperscale data center market as a strategic growth opportunity, focusing on optimizing power use where electricity availability and grid capacity are becoming major constraints for data center operators.

How does PRFX plan to use GridFeed in data center power optimization?

PRF intends for GridFeed to analyze power supply, compute demand, battery status, grid conditions, electricity prices and service level commitments to recommend actions aimed at improving energy management, including workload shifting, energy cost optimization, battery strategies, demand response and real-time power allocation.

What structural change is PRF Technologies (PRFX) making with GridFeed and DeepSolar?

On September 9, 2026, PRF announced a plan to establish GridFeed, together with its DeepSolar operations, as a standalone, wholly owned subsidiary. The company believes this structure gives GridFeed more flexibility to pursue new markets, including data centers.

What market backdrop does PRFX cite for GridFeed’s data center opportunity?

PRF cites International Energy Agency projections that global data center electricity use may roughly double from 485 TWh in 2025 to 950 TWh in 2030, with AI-focused data center consumption expected to triple, making power availability a key constraint on data center growth.

What partnerships is GridFeed seeking in the data center ecosystem?

GridFeed is exploring collaborations in technology integration, pilot deployments, co-development and strategic investment with potential partners such as workload orchestration platforms, DCIM and EMS providers, UPS and storage vendors, hyperscale and colocation operators, and utilities.

What are the main risks PRF Technologies (PRFX) highlights around this strategy?

PRF notes risks including its limited experience in the data center market, ability to adapt GridFeed to data center needs, a history of losses and need for additional capital, execution of the subsidiary structure, and dependence on success of both its energy platforms and pharmaceutical candidates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer 

Pursuant to Rule 13a-16 or 15d-16 

of the Securities Exchange Act of 1934

 

For the month of September 2026

 

Commission File Number: 001-39481

 

PRF Technologies Ltd. 

(Translation of registrant’s name into English)

 

65 Yigal Alon St., Tel Aviv 6744316

Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒        Form 40-F ☐

 

 

On September 16, 2026, PRF Technologies Ltd. issued a press release entitled “PRF Technologies’ GridFeed™ to Explore Strategic Growth Opportunity in AI Data Center Power Optimization”. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The first two paragraphs of the press release attached hereto as Exhibit 99.1 are incorporated by reference into the registrant’s Registration Statements on Form S-8 (Registration No. 333-257968 and 333-265902) and the registrant’s Registration Statements on Form F-3 (Registration No. 333-282264, 333-254982, 333-276485, 333-277594, 333-283655 and 333-286941), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit Index

 

Exhibit No.   Description
     
99.1   Press Release dated September 16, 2026.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 16, 2026 PRF TECHNOLOGIES LTD.
   
  By: /s/ Ehud Geller
   

Ehud Geller

Executive Chairman of the Board

 

 

 

Exhibit 99.1

 

 

PRF Technologies’ GridFeed™ to Explore Strategic Growth Opportunity in AI Data Center

Power Optimization

 

IEA projects global data center electricity consumption to roughly double to 950 TWh by 2030, with

consumption from AI-focused data centers expected to triple

 

Company believes GridFeed’s existing AI optimization engine is well suited to helping data center

operators make better use of limited power capacity

 

Tel Aviv – September 16, 2026 — PRF Technologies Ltd. (Nasdaq: PRFX) (“PRF” or the “Company”) today announced that GridFeed™, its AI-driven energy intelligence and optimization platform, is exploring the AI and hyperscale data center market as a strategic growth opportunity. Data centers rank among the fastest-growing sources of electricity demand in the world, and the Company believes GridFeed’s technology could help operators keep growing as power availability and grid capacity become major bottlenecks for the sector.

 

According to the International Energy Agency (IEA), global data center electricity consumption is projected to roughly double from 485 TWh in 2025 to 950 TWh in 2030, while consumption from AI-focused data centers is expected to triple over the same period. Power is becoming a primary constraint on data center growth, since even facilities with available land, servers and GPUs cannot add computing capacity without sufficient and reliable electricity.

 

GridFeed’s existing optimization engine follows a “predict, simulate, optimize and recommend” process and is currently applied to renewable energy assets participating in electricity and flexibility markets. The Company believes the engine could be extended to help data center operators determine the highest-value use of each available megawatt, taking into account power supply, compute demand, battery status, grid conditions, electricity prices and service level commitments. For example, GridFeed’s weather forecasting could be used to anticipate conditions that affect cooling demand, on-site renewable generation and grid availability. In data centers, GridFeed would aim to weigh battery use, energy consumption and compute workloads together and recommend the action expected to produce the best overall business outcome while protecting operational reliability.

 

Potential data center applications that GridFeed plans to explore with industry partners include workload shifting, energy cost optimization, battery charge and discharge strategies, demand response and real-time power allocation.

 

Efraim Cohen-Arazi, Interim Chief Executive Officer of PRF Technologies, commented, “The growth of AI is driving a sharp increase in the power that data centers need, and access to electricity and grid capacity is becoming a limiting factor for many operators. We believe that intelligent coordination of compute, storage and energy will become an important competitive advantage for data center operators. GridFeed was built to help renewable energy operators make better decisions about every megawatt they produce, and we see a natural opportunity to bring that same intelligence to data centers.”

 

On September 9, 2026, PRF announced its plan to establish GridFeed, together with its DeepSolar operations, as a standalone, wholly owned subsidiary. The Company believes this structure gives GridFeed the flexibility to pursue new markets, including data centers. Dedicated members of the GridFeed team are actively evaluating the data center use case, including potential opportunities to improve operational efficiency and energy management for data center operators. GridFeed is also exploring potential collaboration opportunities with partners across the data center ecosystem in areas such as technology integration, pilot deployments, co-development and strategic investment. Potential partners include workload orchestration, data center infrastructure management (DCIM), energy management system (EMS) and facility management platform providers, storage and uninterruptible power supply (UPS) providers, hyperscale and colocation operators, and utilities.

 

The data center initiative builds on the validation of GridFeed’s AI engine using real-world European utility-scale production, weather and market data, as well as the platform’s extension into battery energy storage. DeepSolar participated in the NVIDIA Connect program.

 

 

About PRF Technologies

 

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’s 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 – particularly in solar-integrated environments. This dual business model reflects PRF’s strategic commitment to applying precision technology across high-impact sectors including healthcare and sustainable energy. For more information, please visit www.prf-tech.com.

 

Notice Regarding Forward-Looking Statements

 

This press release contains forward-looking statements about PRF’s expectations, beliefs and intentions, including with respect to statements related to GridFeed’s pursuit of the data center market and the potential applications, capabilities and benefits of its platform for data center operators; GridFeed’s ability to identify and enter into partnerships, proof-of-concept programs, pilot deployments, co-development arrangements or strategic investments with participants in the data center ecosystem, and the terms of any such arrangements; projected growth in data center electricity demand; the establishment of GridFeed as a wholly owned subsidiary and the anticipated benefits of that structure; the commercialization, customer adoption, revenue generation and growth prospects of DeepSolar and GridFeed; the ability of GridFeed to attract strategic partners and sector-focused investors and the terms of any such transactions; the expected benefits of strategic collaborations and partnerships; the development, regulatory progress, clinical advancement and commercialization of OcuRing™-K and PRF-110; the initiation, timing, conduct and outcomes of planned clinical trials; the Company’s business strategy, growth initiatives and future operational plans; the sufficiency of the Company’s capital resources and financial position; and the Company’s future performance, prospects and opportunities. Forward-looking statements can be identified by the use of forward-looking words such as “believe”, “expect”, “intend”, “plan”, “may”, “should”, “could”, “might”, “seek”, “target”, “will”, “project”, “forecast”, “continue” or “anticipate” 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’s 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’s ability to adapt the GridFeed platform to the requirements of data center operators and its limited experience in the data center market; the accuracy of third-party market projections, including those of the International Energy Agency; the Company’s ability to complete the formation of the subsidiary and the transfer of assets on the expected terms and timeline; the Company’s ability to identify, negotiate and consummate strategic partnerships, collaborations or investments at the subsidiary level on acceptable terms, or at all; the Company’s 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’s dependence on the success of its initial product candidates, including OcuRing™-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’s limited experience managing clinical trials; the Company’s ability to retain key personnel and recruit additional employees; the Company’s reliance on third parties for the conduct of clinical trials, product manufacturing and development; the impact of competition and new technologies; the Company’s ability to comply with regulatory requirements relating to the development and marketing of its product candidates; the Company’s ability to establish and maintain strategic partnerships and other corporate collaborations; the implementation of the Company’s 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’s ability to maintain compliance with Nasdaq’s continued listing requirements, including the minimum shareholders’ equity and minimum Market Value of Listed Securities (MVLS) requirements, and to maintain the listing of its ordinary shares on Nasdaq; the Company’s 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’s 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 “Risk Factors” included in the Company’s 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.

 

Contact:

 

Crescendo Communications, LLC

Tel: 212-671-1020

Email: prfx@crescendo-ir.com

 

Dr. Ehud Geller, Chairman

PRF Technologies Ltd.

Tel: +972-54-4236711

Email: egeller@medicavp.com

 

 

Filing Exhibits & Attachments

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