KFAR SABA, Israel, July 22,
2024 /PRNewswire/ -- LeakZon LTD, a pioneering
company in water management technology, has emerged from stealth
mode with a significant seed investment from PEAL HOLDINGS A.A LTD,
part of Recanati group. In the face of a global climate crisis,
LeakZon addresses the urgent need to conserve every drop of water.
The company has developed a unique AI engine that efficiently
manages urban water networks, providing essential insights to water
utilities to reduce response time and address water anomalies.
As a global remote meter reading leader equipped with
established patents in the metering industry and renowned expertise
in water distribution networks, LeakZon firmly asserts that utility
personnel faces challenges in managing the substantial influx of
data from field sensors and water meters daily. This data overload
impedes their ability to derive valuable and actionable
insights.
LeakZon alleviates this pain by providing comprehensive solutions
that streamline data analysis, saving utilities time and resources
while enhancing network management capabilities.
LeakZon's SAAS solution, currently in beta with several
municipalities in Israel and the
US, is set for its official launch in October 2024 at the WEFTEC conference in
New Orleans, USA. With a focus on the US market, LeakZon
aims to combat water losses across various verticals, including
municipalities, government agencies, and water utilities. The
company's R&D is based in Israel, and plans to open branches in the US
and Europe in the coming
months.
"In a world demanding faster and smarter action to combat
climate change, LeakZon stands at the forefront of technology,
committed to creating a better world," said CEO and Co-Founder Mr.
Dan Winter. "LeakZon isn't just
another high-tech company; it has a mission to safeguard the planet
for future generations. Our cutting-edge technology and AI and a
commitment to societal good allow every employee to wake up each
morning with purpose."
PEAL HOLDINGS A.A LTD expressed their confidence in LeakZon,
highlighting the team's passion and commitment to revolutionizing
water technology to combat the climate crisis and prioritize
sustainability. "We firmly believe LeakZon's passion, technology,
and vision will soon be integral to water utilities worldwide,"
they stated.
About LeakZon LTD
LeakZon LTD is a leader in water management technology,
leveraging AI to provide innovative solutions for urban water
networks. With a mission to combat climate change and safeguard the
planet for future generations, LeakZon is committed to advancing
water technology and sustainability.
About PEAL HOLDINGS A.A LTD
PEAL HOLDINGS A.A LTD investment firm funds innovative
technologies and companies prioritizing sustainability. Their
investment in LeakZon underscores their commitment to supporting
groundbreaking solutions in water management.
For media inquiries, please contact:
Tomer Eisner, CMO
LeakZon LTD
Phone (US): +1 646 79 72 79 7
Email: tomere@leakzon.com
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SOURCE LeakZon LTD