Medigus Reaps Success with First Installation of a Wireless Charging System for Automatic Car Parks

Tel Aviv, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology-based company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, is excited to announce a landmark achievement by its subsidiary, Charging Robotics Ltd. Which has successfully completed the installation of its wireless charging system for an automated parking system (APS). To the best of Charging Robotics’ knowledge, this is the first installation of a wireless charging system for automatic car parks.

Charging Robotics Ltd. (“Charging Robotics”), a subsidiary of Fuel Doctor Holdings, Inc., (“FDOC”) a Delaware corporation listed on the OTC Market (66.84% owned by Medigus) is an innovative wireless charging solutions company for electric vehicles (EVs)

The installation, previously announced, was in an automatic car park facility in Tel Aviv, Israel together with the provider of this facility under a pilot project intended to verify the performance of the system. The system reaches a charging power of 10kW and includes managed charging capabilities to meet a limited supply of electricity and prioritize the charging process. The system includes a user interface installed on the driver’s smart phone, which is used to operate the system, receive updates on the charging process, generate billing reports and other useful information.

Charging Robotics’ wireless charging system is intended to solve a growing problem for electric vehicles (EVs) that are parked in automatic car parks. EVs parked in automatic car parks are in constant movement which prevents the use of charging cables. Charging Robotics believes that this challenge may be solved by its wireless charging system. The system does not require any special features or capabilities from the EV. Automatic car parks are gaining popularity in urban areas since they allow the storage of a significantly larger number of vehicles in the same location compared to regular parking facilities. Vehicles are stored and retrieved in an automatic manner by using elevators and conveyors to automatically move plates on which the vehicle is parked.