Company: BNRG
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001213900-25-030015
Chunk: 9

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-09
Form: DRS
Chunk 9
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 electrical heat from renewables, as well as from electrical
sources using electric heaters which are embedded within the TES system. The TES system dispatches thermal energy on demand in the form
of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.

In
2023, we also started the implementation of our new business models, the Energy as a Service, or EaaS, model, which includes also the
Heat as a Service, or HaaS, model, wherein we install a TES bGen system for the benefit of third party customers at
a customer’s site and provide operation and maintenance services. We then sell energy (steam, hot air, etc.) to the customer at
agreed upon prices. The EaaS model is more suitable to industrial customers who are not energy experts and wish to outsource their energy
services.

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On August 9, 2023, we unveiled the next generation of our market-leading, high-performance TES system, the bGen™ ZERO as part of our strategic focus to deliver cost-efficient, zero-carbon emissions heat. By electrifying heat, the bGen™ ZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors. The bGen™ ZERO offers a modular, flexible design with fast charge and discharge times, all without the use of hazardous materials. Additional highlights and improvements from prior bGen™ systems include:

| ● | Improved Efficiency: 33% reduction in heat loss, 99% charging                      
 efficiency, 97% cycle efficiency (power to heat), and 98% year-round availability. |

| ● | Boosted Energy Density: 34% improvement in energy density 
 and 40% improvement in discharge power.                   |

| ● | Swift Response and Continuous Operation: Engineered for fast                                                                            
 one second response rate and uninterrupted operation at maximum capacity, tailored for high demands of the power grid for reserve power 
 and stability.                                                                                                                          |

| ● | Compact and Modular: Fully modular, productized solution that                                                                             
 ensures the highest quality standards, rapid on-site installation, and commissioning. Occupies minimal space due to its unlimited storage 
 height.                                                                                                                                   |

| ● | Impressive Steam Power Generation: Delivers substantial steam                                               
 power generation, offering a stable steam supply for various power, commercial and industrial applications. |

| ● | Smart and Safe Operations: Features an