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Home > Companies > Xfloat
Claimed by owner Last Update 3.5.2023 Suggest Edits Claim Profile
Claimed by owner
Xfloat logo

Xfloat

AI-powered Floating Photovoltaic Systems

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Xfloat
About
Lifecycle
News
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About

Xfloat is aiming to enhance the energy production output and improve the economics of floating solar projects. The company has created an intelligent water management system that controls water loads and pumps for accurate tilting and tracking. The company then refines the data collected from sensors, which is directed to a knowledge-based machine-learning process for predictive photovoltaic (PV) performance and operations and maintenance (O&M).

Dedicated supervisory control and data acquisition and optimization tools stream the data to improve tracking and O&M algorithms.

Xfloat's system has buoyancy tanks arranged in a grid of connected vessels that control the rotation of the PV tracking tables in unison. The system uses no motors or hydraulics. Instead of using gears to tilt the panels, it uses a flexible, hydrostatic positioning mechanism.

The electricity generated this way could be used by anyone, including industrial plants and private consumers.

Founded

Business models

B2B, B2C

Employees

Product stage

Primary Sector

Energy-tech

Products

-

Geographic markets

-

Funding

Total Funding

$2.93M

Last Funding

$2.93M

Funding Stage

Total Rounds

2

Investors

1

The Team

(2)
RA
Ran Alcalay
Co-founder & CEO
Connect
AA
Avi Alcalay
Co-founder & CTO
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Company Lifecycle

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Public Offerings & Exits

Private Equity Funding

Seed
$2.93M
Mar 2022
1 Investors
$2.93M

Non-Equity Funding

Grant
Undisclosed
Jan 2022
1 Grantors
Undisclosed

Locations

Israel

HaGavish Street 10, Netanya, Israel

Offices Abroad

Sector

Climate Tech
Energy Transition
Clean Energy Generation
Sustainable Water Solutions
Water for Industry & Residential Uses
Energy-tech
Renewable Energy Sources
Solar Energy

Core Technology

Artificial Intelligence
Machine Learning

Target Customer

Energy, Utilities & Waste Management
Renewable Energy
Solar
Industrial Manufacturing
Manufacturing Facilities
Consumers

Tags

(9)

Locations

Israel

HaGavish Street 10, Netanya, Israel

Offices Abroad

Notes

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