Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 1

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 1
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 key employees.

Our
future growth and success depend to a large extent on the continued services of members of our current management. Any of our employees
and consultants may leave the Company at any time, subject to certain notice periods. The loss of the services of any of our executive
officers or any key employees or consultants may adversely affect our ability to execute our business plan and harm our operating results.
Our operational success will substantially depend on the continued employment of senior executives, technical staff, and other key personnel.
The loss of key personnel may have an adverse effect on our operations and financial performance.

Our field of business
is generally new, and we may not be aware of all of the risks that we will face.

The
field of TES is comprised of technologies that are still in their early stages with limited implementations and track record. While we
attempt to anticipate the risks, we and holders of our securities may face resulting from our operations, there may be certain risks specific
to our sector to which we have yet to be exposed or made aware. For example, certain TES unit components may be unique, and we could be
dependent on a single approved supplier for these critical parts. Further, there may be certain risks that will develop depending on the
manner in which the field develops. For example, because TES is comprised of new technologies, the terms of commercial engagement with
our customers require finding solutions to finance the working capital and collateral required for the establishment of a particular project.
Unless we find the required financing, we may have difficulty entering into new commercial contracts. Accordingly, holders of our Ordinary
Shares may be unable to anticipate all of the risks that are associated with the Company.

In
addition, our relatively EaaS offering may pose risks due to the evolving nature of the EaaS business model, which require expertise that
is still being developed internally and could introduce operational challenges. Our management has limited prior experience in EaaS business
operation. There can be no assurance that we will be able to successfully implement and manage our new business models. Our business,
results of operations, financial condition and cash flows could be materially adversely affected if we are unable to successfully integrate our
the EaaS business model into our existing operations and any inability to do so may also hinder our ability to grow, divert the attention
of management and our key personnel, disrupt our business and impair our financial results. Further, our EaaS business model increases
our exposure to market dynamics such as energy prices and grid balancing costs.

We are