Augwind Ltd is an Israeli based technology company founded in 2012 by Or Yogev Ph.D, with the mission to develop an alternative solution to energy storage.
In 2019, the company had completed a merging process with the public company “Biomedico Hadarim” (currently named Augwind Energy), which trades on the Tel Aviv Stock Exchange.
Augwind Ltd. has developed state of the art underground compressed air storage units that store large amounts of compressed air at high pressure. In 2019, the company had completed a merging process with the public company “Biomedico Hadarim” (currently named Augwind Energy), which trades on the Tel Aviv Stock Exchange. In existing installations, Augwind’s solution has been shown to save up to 50% of power consumption to the air delivery system. Augwind has designed and installed their patented compressed air storage units for large industrial plants all across Israel, including top tier-1 factories from the dairy-food, aviation, plastic industries and more.
Augwind is actively installing and maintaining operational compressed air storage units throughout Israel. This experience has refined Augwinds understanding of the energy industry to a point where they are ready to apply their knowledge to develop the next evolutionary stage in energy storage.
The company took its first steps in the Hon Teva technology incubator, where it developed and deployed their compressed air storage technology.
Backed by significant support from the Chief Scientist of Israel and the European Union, Augwind took major steps to developing their patented technologies.
The product has already been sold to leading enterprises in Israel (Including: the aerospace industry, Strauss and Tnuva) and marketed in various geographical arenas. Various applications of this product are also used by the Israeli security system