PRF Technologies Ltd. (NASDAQ:PRFX) shares surged 186.22% to $3.92 after the bell on Thursday after the company issued an update on the advancement of its AI-driven renewable energy revenue optimization platform, DeepSolar Predict.
AI-Driven Revenue Optimization
DeepSolar Predict combines weather intelligence, storage orchestration and real-time market decision support to help renewable operators manage solar, wind and battery storage assets. PRF noted DeepSolar participates in the NVIDIA Connect Program and has filed a patent covering proprietary plant-level micro-climate modeling methods.
Dr. Ehud Geller, Chairman of PRF Technologies, said, “Renewable energy operators are no longer managing only production — they are managing financial exposure in increasingly dynamic power markets.”
PRFX is a dual-mandate company focused on pharmaceutical reformulation and AI-driven energy optimization through its DeepSolar platform. In April, PRF’s pharmaceutical arm also recently received Food and Drug Administration clearance for an Investigational New Drug application for OcuRing-K, advancing into a Phase 2 trial targeting pain and inflammation following cataract surgery.
