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- What was Veloryx's former name and when did it go public?
- Veloryx was formerly known as Aquarius Engines. The company went public on the TASE in December 2020.
- What was the outcome of the independent third-party performance assessment for the Aquarius AQ 150 engine in February 2025?
- In February 2025, an independent third-party performance assessment confirmed that the Aquarius AQ 150 engine demonstrated 25% higher efficiency than leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives.
- What significant agreement did Aquarius Engines sign in December 2024 regarding electric vehicle charging?
- In December 2024, Aquarius Engines signed a memorandum of understanding with EnviroCharge to conduct a pilot in the U.S. for a major car rental company, in exchange for $150,000.
- Who was appointed as CEO of Aquarius Engines in December 2024?
- In December 2024, Gal Friedman was appointed as the CEO of Aquarius Engines.
- What was the nature of the agreement between Aquarius Engines and the U.S. Army in August 2022?
- In August 2022, Aquarius Engines signed a five-year R&D contract with the U.S. Army.
- What was the outcome of Veloryx's acquisition of Aero Sol in April 2026?
- In April 2026, Veloryx's newly acquired Aero Sol facility sustained significant damage hours after the takeover. Despite this, the Ministry of Defense renewed orders from Aero Sol's production line later that month.
- Which Japanese company invested in Aquarius Engines' subsidiary in Japan in October 2021?
- In October 2021, TPR, a Japanese auto-parts manufacturer, invested $20 million for a 20% stake in Aquarius Engines' subsidiary in Japan.
- What was the result of Aquarius Engines' hydrogen engine testing in May 2021?
- In May 2021, Aquarius Engines successfully tested its hydrogen engine, which was unveiled as a new engine designed to overcome fuel cell shortcomings.
- What strategic agreement did Aquarius Engines receive approval for in April 2021?
- In April 2021, Aquarius Engines received approval for a strategic agreement with Honda-affiliate Musashi Seimitsu.