BrenX
Thermal storage systems and integrated assets for industrial heat.
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Profile
Stores electricity or recovered heat in crushed rock and sells or operates systems that deliver industrial heat; its strategy now integrates thermal storage with generation, grid infrastructure, and optimization.
Stores electricity or recovered heat in crushed rock, then dispatches steam, hot air, hot water, or thermal oil through its bGen thermal-energy-storage system. bGen ZERO extends the platform to industrial process heat and grid flexibility, sold as equipment or through Energy-as-a-Service.
Combines technology sales, engineering, maintenance, project integration, and, under long-term service arrangements, ownership and operation of selected energy assets. Development, sales channels, and installations span Israel, Europe, the United States, and Brazil; a Hungarian solar facility is the first owned non-TES operating asset.
Depends on project delivery, commissioning, customer acceptance, financing for owned assets, suppliers of certain custom components, and permitting for heat and construction systems. All employees and long-lived assets were in Israel at the latest year-end, alongside related geopolitical and supply-chain exposure.
Company facts
Key statistics
Analysts
No analyst consensus on record.
Earnings
EPSReportedEstimate
RevenueReportedEstimate
Financials
Balance sheet, Dec 31, 2025Cash & short-term investments $4.5M · Total debt $5.8M · Total assets $12.5M · Shareholders' equity $3.5M
- Revenue
- $0
- Operating income
- −$3.1M
- Net income
- −$3.2M
Dividends
No dividends on record.
Ownership
No ownership filings on record for this listing.
Peers
- Ameresco
Onsite heat, power, storage, and Energy-as-a-Service projects.
- CECO Environmental
Industrial process heating, heat tracing, and thermal management.
- Babcock & Wilcox Enterprises
Steam-generation and industrial-decarbonization alternatives.
- Energy Vault
Integrated energy-storage projects, ownership, and optimization.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| BrenX | $3.21 | −25.00% | $3.1M | — | — | 8.0 | — |
| Ameresco | $22.16 | +0.23% | $1.17B | 42.5 | 15.8 | 0.6 | +9.1% |
| CECO Environmental | $71.26 | +2.28% | $4.16B | — | 26.7 | 4.6 | +53.7% |
| Babcock & Wilcox Enterprises | $7.48 | −0.89% | $1.12B | — | 27.4 | 1.3 | +121.9% |
| Energy Vault | $3.45 | +1.47% | $616.2M | — | — | 2.7 | +104.1% |
| Median | 42.5 | 26.7 | 2.0 | +78.9% |





