Turbogen

Turbogen reported its H1 2026 financial results, showing a narrowed net loss of $4.2 million alongside preparations for a Nasdaq listing and increased R&D investments.

Israeli tech firm Turbogen has partnered with former NYC Mayor Eric Adams to drive its expansion in North America, leveraging his expertise to boost energy resilience solutions.

The technology company TurboGen, which developed a micro-turbine for local electricity and heat production, is becoming a dual-listed company and will also trade in the US. What is behind the move, who owns it today, and where is the gap between the story and the numbers?

The company backed by Jackie Ben-Zaken, Barak Abramov, and Tzahi Abu has received preliminary approval from the NASDAQ exchange for a dual listing in the US. But the road to trading is still paved with several conditions and a very close deadline. What exactly is missing, and how much of the dream is already priced into the stock currently trading in Tel Aviv?

TurboGen has been fined 550,000 NIS following an administrative enforcement agreement with the Israel Securities Authority. The penalty stems from misleading information regarding the company's order backlog reported in a June 2025 presentation.

TurboGen, a prominent 'dream stock' on the exchange, has been fined 550,000 shekels by the Israel Securities Authority for misleading investors regarding its order backlog.