Brenmiller Energy Targets Decades High Demand For Tes Technology

This on-demand interview highlights the groundwork completed, the inherent value of signed agreements, and the work behind generating an estimated $440 million project pipeline. Mr. Brenmiller also fields investor questions regarding the company's current valuation and what's being done to increase shareholder value in Q4/2024 and all of 2025.

Rosh Ha'Ayin, Israel--(Newsfile Corp. - October 22, 2024) - Brenmiller Energy Ltd. (https://api.newsfilecorp.com/redirect/LG0BeTar5m) (NASDAQ: BNRG) ("Brenmiller", "Brenmiller Energy" or the "Company"), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility customers, today announced its Chief Operating Officer and Co-Founder, Nir Brenmiller, will present during an on-demand interview with Primetime Profiles' Nicole Brodie on Wednesday, October 23, 2024. This event is accessible immediately after registration is completed.

Please register here to ensure you are able to attend the interview and receive any updates that are released: https://attendee.gotowebinar.com/register/6218825015255930974

An archived version of this interview is available on-demand: https://attendee.gotowebinar.com/register/6218825015255930974

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About bGen™ bGen™, Brenmiller's TES system, converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water or hot air on demand according to customer requirements. The bGen™ also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ was named among TIME's Best Inventions of 2023 in the Green Energy category.

About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at https://bren-energy.com/ and follow the Company on X (formerly Twitter) and LinkedIn.

Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements in this press release when it discusses the Company's participation and presentation at the Emerging Growth Conference. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to: the Company's planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on March 18, 2024, which is available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Company Media: Tori Bentkover brenmillerenergy@antennagroup.com

Interview Media Contact:

ken@hawkpointmedia.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227386

** Shares of U.S.-based thermal energy firm Brenmiller Energy BNRG.O rise 12.63% to $1.07

** Co raises $2 mln through its existing at-the-market equity offering at an average price per share of ~$2.19** The price represents a 130% upside to the stock's last close** ** BNRG signs agreement for the sale of an additional 1 mln ordinary shares through a $1.05 mln private placement equity investment from an existing institutional shareholder** Since the beginning of 2024, the company has raised about $10.8 mln in gross proceeds

** Stock down 81.7% YTD

(Reporting by Pooja Menon in Bengaluru)

(( Pooja.Menon@thomsonreuters.com ))