PRF Technologies and Dotz Nano Sign Term Sheet for Strategic Collaboration to Expand AI-Driven Energy Optimization Offering
Key Highlights
- ➤Dotz to acquire DeepSolar/GridFeed for US$1.0 million
- ➤PRF receives US$250,000 equity participation in Dotz’s A$2.0 million placement
- ➤Dotz gets exclusive GridFeed license at transaction closing
- ➤Platform ownership transfers after Dotz pays US$650,000
- ➤PRF had approximately US$11.0 million cash as of September 30, 2026
Expert Statements
Efraim Cohen-Arazi, Interim Chief Executive Officer of PRF Technologies
“Our team has developed GridFeed into a validated AI energy platform, and this agreement marks the next stage of its growth.”
Efraim Cohen-Arazi, Interim Chief Executive Officer of PRF Technologies
“Dotz brings the energy focus and commercialization capabilities to take GridFeed to market, along with a complementary business that optimizes energy use in commercial buildings.”
Efraim Cohen-Arazi, Interim Chief Executive Officer of PRF Technologies
“The agreement would provide PRF with US$1.0 million and an equity position in Dotz, giving our shareholders continued participation in GridFeed’s success, while allowing us to direct our own resources to LayerBio and the Phase 2 trial of OcuRing™-K, and to expanding our portfolio of healthcare innovations.”
Nati Harpaz, Chief Executive Officer of Dotz
“We are moving decisively further into the energy space, bringing together AI-driven optimization of how buildings consume energy with the intelligence needed to better understand and manage the generation and distribution of renewable power.”
Nati Harpaz, Chief Executive Officer of Dotz
“The proposed GridFeed acquisition would accelerate this strategy by adding an established software platform and specialist expertise to our growing Dotz Energy offering.”
Proposed transaction combines PRF’s DeepSolar/GridFeed™ renewable energy forecasting and storage optimization platform with Dotz’s AI-driven energy management technologies, creating an expanded offering across energy consumption, generation and trading
Dotz to launch GridFeed in the market under an exclusive license and acquire the platform for US$1.0 million, with PRF taking an equity position in Dotz
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