Latest news with #LeakZonLTD
Yahoo
4 days ago
- Business
- Yahoo
LeakZon Unveils Game-Changing Hybrid Solution at AWWA ACE25: AMI Power for Every Utility, Right Now
TEL AVIV, Israel, June 9, 2025 /PRNewswire/ -- LeakZon LTD, a leader in AI-powered water network intelligence, proudly announces the launch of its breakthrough WEAD Hybrid Solution at the AWWA ACE25 conference. This innovative platform brings AMI-grade insights to utilities still operating on AMR-based (Automatic Meter Reading) networks, reducing the need to rush and migrate your network to full AMI (Advanced Metering Infrastructure) deployment. "Utilities no longer need to choose between waiting years to complete the implementation of full AMI or staying in the dark," said Dan Winter, President & CEO of LeakZon. "Our hybrid solution enables utilities to experience the benefits of AMI with near real-time anomaly detection, operational efficiency, and regulatory compliance, while still using their existing AMR infrastructure." Bridging the AMI Gap: Smart Now, Smarter Later LeakZon's hybrid approach is designed as a strategic stepping stone in the AMI migration journey. By leveraging AMR data and enhancing it with AI-powered analytics, utilities can make informed decisions today and ease their migration process to full AMI upgrades. Key Capabilities of LeakZon WEAD Hybrid: AMI-like analytics using existing AMR data Virtual DMAs for zone-level monitoring without physical reconfiguration AI-driven detection of seven water anomalies, including leaks, unauthorized consumption, and meter issues Dual-mode compatibility for mixed AMR/AMI environments Seamless integration of up to 12 water-related providers Fast deployment with a very low /no Capex, with an Opex-only business model With LeakZon, utilities can escalate data collection selectively, transforming static drive-by networks into intelligent, adaptive platforms. Proven Results, Immediate Impact During field deployments, utilities using LeakZon's solution achieved a reduction of up to 66% in non-revenue water (NRW), a testament to the power of data, AI, and smart strategy. Regulatory Readiness Without Full AMI Rollouts LeakZon's platform helps utilities meet growing state mandates, including California's SB 555, Texas Water Development Board (TWDB) validations, and AWWA M36 methodology—all while still relying on existing infrastructure. This makes it a powerful intermediate solution for utilities planning their AMI transformation, but needing actionable intelligence today. About LeakZon LTDLeakZon LTD is a global innovator in AI-powered water efficiency platforms. Its flagship product, WEAD, combines smart analytics, virtual DMA creation, and seamless integration with utility systems to reduce water loss, optimize network performance, and drive digital transformation across the water sector. Media Contact:Tomer EisnerCMO | +1 (646) 298 8617tomere@ Logo: View original content: SOURCE LeakZon LTD Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-03-2025
- Business
- Yahoo
LeakZon Secures $5 Million in Series A Funding to Accelerate U.S. Expansion and Product Development
TEL AVIV, Israel, March 31, 2025 /PRNewswire/ -- LeakZon LTD, a leading provider of innovative solutions for water loss management, announced today the successful completion of its Series A funding round, securing $5 million. This investment was led by PEAL HOLDINGS A.A LTD, LeakZon's existing investor, and other investors. PEAL HOLDINGS A.A. LTD firmly reaffirms its strong confidence in LeakZon's strategic vision and promising growth trajectory, highlighting a shared commitment to excellence and innovation. The newly raised funds will bolster LeakZon's ambitious plans for penetrating the U.S. market, where the company has already established LeakZon Inc., a dedicated American entity headquartered in the U.S. since January. LeakZon has quickly built a strong local presence, assembling an experienced sales and operations team ready to support and expand its market footprint. Dan Winter, CEO of LeakZon LTD and President of LeakZon Inc., emphasized the alignment of LeakZon's approach with the 'One Water' movement and government efficiency initiatives: "We are witnessing a growing demand for LeakZon's solutions as utilities recognize the inefficiencies and extended timelines associated with traditional water loss management methods. Our cloud-based architecture simplifies deployment and accelerates results, enabling utilities to manage all water sources in an integrated and sustainable manner, consistent with the 'One Water' approach. Moreover, our cost-effective solutions align with the US government's efforts to reduce government expenditures, a cost-saving initiative notably championed by Elon Musk and the Department of Government Efficiency (DOGE)." The funding will also drive the development of new advanced features, ensuring LeakZon remains at the forefront of water management technology, offering utilities innovative tools to manage and reduce water loss effectively. LeakZon's groundbreaking technology has already demonstrated substantial impact, with significant reductions in Non-Revenue Water (NRW) for its customers globally, positioning the company as an essential partner for utilities aiming to optimize their water networks sustainably and economically. For media inquiries, please contact: Tomer Eisner, CMOLeakZon LTDPhone (US): +1 646 79 72 79 7Email: tomere@ Logo - View original content: SOURCE LeakZon LTD
