Technology

Tucows Reports Financial Results for Second Quarter 2024

Published

2 years ago

August 8, 2024

TORONTO, Aug. 8, 2024 /PRNewswire/ – Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars.

“We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid quarter from Ting with robust subscriber growth, gross margin increases and a lower operating loss, which is on track with our expectations,” said Elliot Noss, Tucows President and CEO. “We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains.”

Financial Results

Consolidated net revenue for the second quarter of 2024 increased 5.2% to $89.4 million from $85.0 million for the second quarter of 2023, driven primarily by year-over-year revenue gains from Ting and Domains.

Gross profit for the second quarter of 2024 increased 15.4% to $20.8 million from $18.0 million from the second quarter of 2023. The increase in gross profit was driven primarily by large gross margin gains from Ting, as well as gains from Domains. The increase continues to be partially offset by increased network depreciation as the Ting network footprint expands.

Net loss for the second quarter of 2024 was $18.6 million, or a loss of $1.70 per share, compared with net loss of $31.0 million, or $2.86 per share, for the second quarter of 2023. The decreased loss is primarily the result of the year-over-year impact from a one-time debt extinguishment in Q2 2023 used to reduce the Generate preferred shares obligation, as well as a lower operating loss from Ting in Q2, 2024.

Adjusted EBITDA1 for the second quarter of 2024 increased 70% to $9.2 million from $5.4 million for the second quarter of 2023. The year over year increase was due to growth of revenues from Ting and Domains, as well as cost management in Ting, Wavelo and Domains.

Cash equivalents, restricted cash and restricted cash equivalents at the end of the second quarter of 2024 were $52.2 million compared with $79.4 million at the end of the first quarter of 2024 and $159.6 million at the end of the second quarter of 2023.

Summary Financial Results
(In Thousands of US Dollars, Except Per Share Data)

3 Months ended June 30

6 Months ended June 30

2024
(unaudited)

2023
(unaudited)

% Change

2024
(unaudited)

2023
(unaudited)

% Change

Net Revenues

89,423

84,978

5 %

176,880

165,408

7 %

Gross Profit

20,810

18,032

15 %

39,126

32,093

22 %

Income Earned on Sale of
Transferred Assets, net

3,357

4,289

(22) %

6,978

8,659

(19) %

Net Income (Loss)

(18,604)

(30,968)

40 %

(45,088)

(50,051)

10 %

Basic earnings (Loss) per
common share

(1.70)

(2.86)

41 %

(4.12)

(4.63)

11 %

Adjusted EBITDA¹

9,178

5,395

70 %

13,380

8,425

59 %

Net cash provided by (used in)
operating activities

(4,708)

(1,587)

(197) %

(10,386)

(6,838)

(52) %

1. This Non-GAAP financial measure is described below and reconciled to GAAP net income in the accompanying table.

Summary of Revenues, Gross Profit and Adjusted EBITDA
(In Thousands of US Dollars)

Revenue

Gross Margin

Adj. EBITDA¹

3 Months ended June 30

2024
(unaudited)

2023
(unaudited)

2024
(unaudited)

2023
(unaudited)

2024
(unaudited)

2023
(unaudited)

Ting Internet Services:

Fiber Internet Services

14,571

12,408

9,818

7,051

(6,442)

(10,336)

Wavelo Platform Services:

Platform Services

10,495

10,342

10,163

10,012

Other Professional Services

409

(1)

Total Wavelo Platform

Services

10,501

10,751

10,162

10,052

3,911

3,427

Tucows Domain Services:

Wholesale

Domain Services

48,504

46,782

9,583

9,492

Value Added Services

4,524

4,745

4,004

4,162

Total Wholesale

53,028

51,527

13,587

13,654

Retail

9,340

8,429

5,282

4,275

Total Tucows Domain

Services

62,368

59,956

18,869

17,929

11,217

10,578

Corporate:

Mobile Services and Eliminations

1,983

1,863

(754)

(797)

492

1,726

Network Expenses:

Network, other costs

n/a

(6,862)

(6,993)

n/a

Network, depreciation of property and equipment

n/a

(10,057)

(8,757)

n/a

Network, amortization of intangible assets

n/a

(366)

(379)

n/a

Network, impairment

n/a

(74)

n/a

Total Network Expenses

n/a

(17,285)

(16,203)

n/a

Total

89,423

84,978

20,810

18,032

9,178

5,395

1 This Non-GAAP financial measure is described below and reconciled to GAAP net income in the accompanying table.

Notes:

1. Adjusted EBITDA

Tucows reports all financial information required in accordance with United States generally accepted accounting principles (GAAP). Along with this information, to assist financial statement users in an assessment of our historical performance, the Company typically discloses and discusses a non-GAAP financial measure, adjusted EBITDA, in press releases and on investor conference calls and related events that exclude certain non-cash and other charges as the Company believes that the non-GAAP information enhances investors’ overall understanding of our financial performance.

The Company believes that the provision of this supplemental non-GAAP measure allows investors to evaluate the operational and financial performance of the Company’s core business using similar evaluation measures to those used by management. The Company uses adjusted EBITDA to measure its performance and prepare its budgets. Since adjusted EBITDA is a non-GAAP financial performance measure, the Company’s calculation of adjusted EBITDA may not be comparable to other similarly titled measures of other companies; and should not be considered in isolation, as a substitute for, or superior to measures of financial performance prepared in accordance with GAAP. Because adjusted EBITDA is calculated before certain recurring cash charges, including interest expense and taxes, and is not adjusted for capital expenditures or other recurring cash requirements of the business, it should not be considered as a liquidity measure. Non-GAAP financial measures do not reflect a comprehensive system of accounting and may differ from non-GAAP financial measures with the same or similar captions that are used by other companies and/or analysts and may differ from period to period. The Company endeavors to compensate for these limitations by providing the relevant disclosure of the items excluded in the calculation of adjusted EBITDA to net income based on U.S. GAAP, which should be considered when evaluating the Company’s results. Tucows strongly encourages investors to review its financial information in its entirety and not to rely on a single financial measure.

The Company’s adjusted EBITDA definition excludes depreciation, impairment and loss on disposition of property and equipment, amortization of intangible assets, income tax provision, interest expense (net), accretion of contingent consideration, stock-based compensation, asset impairment, gains and losses from unrealized foreign currency transactions, loss on debt extinguishment and costs that are not indicative of on-going performance (profitability), including acquisition and transition costs. Gains and losses from unrealized foreign currency transactions removes the unrealized effect of the change in the mark-to-market values on outstanding unhedged foreign currency contracts, as well as the unrealized effect from the translation of monetary accounts denominated in non-U.S. dollars to U.S. dollars.

The following table reconciles income before provision for income taxes to Adjusted EBITDA (dollars in thousands):

3 Months ended June 30

6 Months ended June 30

2024
(unaudited)

2023
(unaudited)

2024
(unaudited)

2023
(unaudited)

Net income (Loss) for the period

(18,604)

(30,968)

(45,088)

(50,051)

Less:

Provision (recovery) for income taxes

1,220

(3,025)

2,994

(4,735)

Depreciation of property and equipment

10,173

8,907

20,160

17,495

Impairment of property and equipment

–

2,016

Amortization of intangible assets

1,201

2,609

2,880

5,481

Interest expense, net

12,553

10,501

24,432

18,381

Loss on debt extinguishment

–

14,680

–

14,680

Stock-based compensation

1,702

2,052

3,575

4,298

Unrealized loss (gain) on foreign exchange
revaluation of foreign denominated
monetary assets and liabilities

164

(126)

554

(84)

Acquisition and transition costs*

769

691

3,820

944

Adjusted EBITDA

9,178

5,395

13,380

8,425

* Acquisition and other costs represent transaction-related expenses and transitional expenses. Expenses include severance or transitional costs associated with department, operational or overall company restructuring efforts, including geographic alignments.

Management Commentary

Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. ET on Thursday, August 8, 2024, management’s pre-recorded audio commentary (and transcript), discussing the quarter and outlook for the Company will be posted to the Tucows website at http://www.tucows.com/investors/financials.

Following management’s prepared commentary, for the subsequent seven days, until Thursday, August 15, 2024, shareholders, analysts and prospective investors can submit questions to Tucows’ management at ir@tucows.com. Management will post responses to questions in an audio recording and transcript to the Company’s website at http://www.tucows.com/investors/financials, on Tuesday, August 27, 2024, at approximately 4 p.m. ET. All questions will receive a response, however, questions of a more specific nature may be responded to directly.

About Tucows

Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting (https://ting.com) delivers fixed fiber Internet access with outstanding customer support. Wavelo (https://wavelo.com) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains (https://tucowsdomains.com) manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and ISPs. Hover (https://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on Tucows’ corporate website (https://tucows.com).

Tucows, Ting, Wavelo, and Hover are registered trademarks of Tucows Inc. or its subsidiaries.

This release includes forward-looking statements as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding our expectations regarding our future financial results and, including, without limitation, our expectations regarding our ability to realize synergies from the Enom acquisition and our expectation for growth of Ting Internet. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Information about other potential factors that could affect Tucows’ business, results of operations and financial condition is included in the Risk Factors sections of Tucows’ filings with the Securities and Exchange Commission. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. All forward-looking statements are based on information available to Tucows as of the date they are made. Tucows assumes no obligation to update any forward-looking statements, except as may be required by law.

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SOURCE Tucows Inc.

Technology

Nozomi Networks Vantage for Government Achieves FedRAMP Moderate Certification

Published

16 minutes ago

November 9, 2026

Vantage for Government enables U.S. federal agencies to advance their Cloud Smart strategies with an AI-powered cloud-based option for OT and IoT security

SAN FRANCISCO, Nov. 9, 2026 /PRNewswire/ — Nozomi Networks, the leader in operational technology (OT), Internet of Things (IoT), and Cyber Physical Systems (CPS) security, today announced that Vantage for Government has achieved Federal Risk and Authorization Management Program (FedRAMP®) Moderate certification.

Vantage for Government is the only AI-powered cloud-based platform purpose-built for large-scale government deployments. It centralizes OT and IoT security sensor management to deliver unified visibility, real-time asset monitoring, advanced threat detection, vulnerability assessment and risk management across mission-critical environments. Vantage for Government provides federal security teams with a consolidated view of their cyber posture, enabling faster response times, stronger compliance and reduced operational overhead.

“Federal agencies need effective tools that can quickly identify and resolve mission-critical threats to operational systems that were never designed with security in mind,” said Andrea Carcano, Chief Executive Office at Nozomi Networks. “Vantage for Government with FedRAMP Moderate certification ensures they have the resources needed to effectively protect themselves, and it represents Nozomi’s commitment to helping strengthen cybersecurity for national critical infrastructure.”

Vantage for Government delivers the same core capabilities customers rely on in our commercial platform, in an environment adapted to meet FedRAMP Moderate requirements. Vantage for Government enables agencies to achieve full feature parity with added compliance assurances. These features include:

Asset Inventory — Combines passive, active and host-based collection with AI-driven enrichment to deliver complete visibility across wired, wireless and endpoint environments. Integrates with third-party systems and external files to consolidate asset data into a single pane of glass inventory.

Vulnerability & Exposure Management — Provides safe, non-intrusive OT/IoT vulnerability detection and AI-driven risk prioritization, avoiding operational disruption and IT-centric scanner noise. Delivers actionable, prioritized remediation recommendations.

Threat & Anomaly Detection — Continuously monitors network and endpoint activity using built-in rules and OT/IoT-specific threat intelligence to detect ransomware, state-sponsored activity and hacktivist campaigns. AI-driven correlation reduces alert fatigue by delivering actionable, prioritized alerts.

Risk Management — Supports the full lifecycle with AI-driven risk identification, customizable scoring, prioritized mitigation and continuous monitoring via executive dashboards and benchmarks.

Vantage for Government is hosted on AWS GovCloud infrastructure and supported through dedicated infrastructure for federal compliance. Access is limited to U.S.-person / U.S.-citizen for sensitive production, maintenance and technical support functions.

Learn more about Vantage for Government:

Watch the Webinar: Securing What Matters: Applying Zero Trust, Federal Visibility & Risk-Based Remediation Mandates to OT Environments

Visit the FedRAMP marketplace

About Nozomi Networks
Nozomi Networks protects the world’s critical infrastructure from cyber threats. Our platform uniquely combines network and endpoint visibility, threat detection, and AI-powered analysis for faster, more effective incident response. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com

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SOURCE Nozomi Networks

Technology

Robo.ai Announces October Revenue of Over US$100 Million

Published

16 minutes ago

November 9, 2026

Reiterates Full-Year 2026 Revenue Outlook of Approximately US$600 Million

Appoints Ralf R. Debbas as President; Advances Industrial and AI Initiatives

DUBAI, UAE, Nov. 9, 2026 /PRNewswire/ — Robo.ai Inc. (Nasdaq: AIIO) (“Robo.ai” or the “Company”), a UAE-based, Nasdaq-listed technology company, today announced preliminary, unaudited total revenue of over US$100 million for October 2026, primarily driven by its subsidiary Quantum Core Capital Limited (“QC Capital”). The Company reiterated its expectation of approximately US$600 million in total revenue for the full year 2026.

Since its September update, the Company has appointed W Motors founder Ralf R. Debbas as President. Its industrial subsidiary ALIF Holding has announced plans to establish a composites manufacturing business, ALIF Composites, and has presented an integrated oil spill response system concept. The Company’s subsidiary Neurovia AI, which has launched its NeuroStream™ platform and completed a live technical demonstration, presented the technology at the 3rd Government AI Summit in Abu Dhabi.

QC Capital Revenue Contributions Support Full-Year Outlook

Unaudited total revenue exceeded US$100 million in October, the second consecutive month above that level. As previously disclosed, QC Capital, through its operating businesses, manages operations and delivery for enterprise customers and charges for each delivery order once it is completed and accepted. Since its acquisition by the Company on June 15, 2026, QC Capital has maintained stable operations and service delivery while consistently contributing revenue.

The Company believes this performance reflects smooth integration and provides a foundation for further development. Revenue alone is not indicative of the Company’s profitability or operating cash flow. The full-year outlook reflects management’s current estimates and is subject to change.

President to Lead Industrial Strategy and Partnerships

On November 2, 2026, the Company appointed Ralf R. Debbas as President, effective immediately. In this role, Mr. Debbas will drive Robo.ai’s industrial strategy and international partnerships and coordinate across its portfolio companies, with a focus on developing its artificial intelligence and advanced manufacturing operations.

Mr. Debbas founded W Motors in 2012 and later led its expansion into an integrated automotive company spanning design, research and development, engineering, and manufacturing. He also led the development of an integrated automotive manufacturing facility in Dubai and spearheaded the GHIATH smart patrol vehicle program with the Dubai Police, bringing the vehicle into local production and delivery. Mr. Debbas plans to engage more directly with shareholders and investors through video updates on the Company’s business progress and milestones.

ALIF Holding Plans Composites Manufacturing and Oil Spill Response Business

On October 12, 2026, the Company announced that its majority-owned subsidiary ALIF Holding plans to establish ALIF Composites in the UAE and will hold a majority stake in the new company. Production is targeted to begin in the fourth quarter of 2026, with a target annual manufacturing capacity of 10 million square meters of composite raw materials for 2027. ALIF Composites plans to operate at the ALIF Holding Group Industrial Park in Umm Al Quwain, where Phase I broke ground on September 25, 2026. Its planned portfolio includes carbon fiber composites, prepregs, custom components, and engineering services for marine, mobility, energy, and industrial customers. The capacity target represents planned annual manufacturing capability and does not constitute a commitment to 2027 production, sales, or revenue.

On October 8, 2026, ALIF Holding presented an integrated oil spill response system concept for its proposed ALIF Maritec venture, which is expected to be the first project to occupy Phase I of the industrial park. Designed for ports, oil and gas terminals, offshore facilities, shipyards, and coastal industrial sites, the proposed system would connect spill monitoring, containment, recovery, and post-incident assessment, supported by engineering, training, and maintenance services. ALIF Holding plans to evaluate pilot opportunities for the system in the UAE. Both initiatives remain subject to site and partner arrangements, technical validation, funding, permits, and other approvals.

Neurovia AI Presents NeuroStream™ at Government AI Summit

On November 3, 2026, Neurovia AI, a subsidiary of the Company, participated as the Official Government AI Partner at the 3rd Government AI Summit in Abu Dhabi, where it presented NeuroStream™, its intelligent visual data optimization platform designed to reduce the volume of visual data transmitted, processed and stored for AI applications. Neurovia AI is pursuing a use-case-driven approach focusing on technical validation and integration with government, smart infrastructure, and enterprise environments.

Strategic Transformation Moves Toward Delivery

“QC Capital continues to deliver steady revenue, giving us a solid base as we build out our industrial and AI businesses,” said Benjamin Zhai, Chief Executive Officer of Robo.ai. “Our focus now is on turning plans into delivery. Ralf has taken industrial products in the UAE from design to local production, and that is the experience we need as ALIF Holding and Neurovia AI move from concept and validation toward delivery. We are confident in our direction and will stay focused on building a stronger operating base, putting our technology to work in industry and creating long-term value for shareholders.”

About Robo.ai Inc.

Robo.ai Inc. (Nasdaq: AIIO), headquartered in Dubai, United Arab Emirates, is a Nasdaq-listed technology group building intelligent infrastructure across four platforms: artificial intelligence; robotics and smart mobility; advanced manufacturing; and digital assets and capital. Its industrial group, ALIF Holding, is dedicated to building intelligent industries through the development, integration and manufacturing of AI systems, serving government, public sector and mission-critical domains. Through its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure. Quantum Core Capital (“QC Capital”), its AI-powered deep-tech holding and venture-building platform, incubates, invests in and operates businesses across artificial intelligence, robotics, digital infrastructure and the next-generation digital economy.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including: statements regarding the Company’s unaudited October 2026 revenue and full-year 2026 revenue outlook; acquisition integration; the President’s role; the proposed formation, targeted production, and 2027 capacity of ALIF Composites; the phased development of the ALIF Holding Group Industrial Park; the proposed establishment and occupancy of ALIF Maritec and its proposed oil spill response system; the development and commercialization of NeuroStream™; product development; local manufacturing and delivery capabilities; and anticipated strategic benefits. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar statements.These statements are based on management’s current expectations, estimates, and assumptions. The unaudited October revenue information and the revenue outlook are preliminary, are based on management’s current estimates, are subject to change, and are not guarantees of future results. Robo.ai may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Robo.ai’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Robo.ai’s strategies, future business development, and financial condition and results of operations; Robo.ai’s limited operating history in its current business; Robo.ai’s ability to generate positive cash flow and profits; Robo.ai’s ability to compete successfully; Robo.ai’s ability to build its brand and withstand negative publicity; and changes in customer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Robo.ai’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Robo.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor and Media Contacts

Investor Relations: ir@roboai.group
Media: pr@roboai.group
Website: www.roboai.group

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SOURCE Robo.ai Inc.

Technology

BMZ Battery Solutions Group to Introduce High-Energy-Density E-Bike Battery to U.S. Market at Micromobility America

Published

16 minutes ago

November 9, 2026

POWER2RIDE RB-900 combines 940 Wh capacity, lightweight design and flexible integration to help electric bicycle manufacturers meet growing performance and design demands

Key Highlights:

U.S. market debut: BMZ will introduce its POWER2RIDE RB-900 battery at Micromobility America, November 11–12, 2026, in San Francisco, bringing its high-capacity battery technology to American e-bike manufacturers.High energy density: With 940 Wh of capacity, a weight of just 3.8 kg (8.4 lbs.) and an energy density of 247 Wh/kg, the RB-900 combines high energy storage capacity with a lightweight, compact design.Flexible integration across e-bike platforms: Modular architecture, compatibility with leading drive systems and multiple mounting configurations give OEMs greater flexibility to develop electric mountain, commuter, trekking and cargo bikes.Designed for safety, serviceability and sustainability: Automotive-grade components, IP67 protection and a repairable, modular design support durability and product lifecycle management.

SAN FRANCISCO, Nov. 9, 2026 /PRNewswire/ — BMZ Battery Solutions Group, an international manufacturer of high-performance battery systems, will introduce its POWER2RIDE RB-900 e-bike battery to the U.S. market at Micromobility America, November 11–12, 2026, in San Francisco. Designed for electric bicycle manufacturers seeking greater battery capacity without sacrificing weight, aesthetics or integration flexibility, the RB-900 combines 940 watt-hours (Wh) of energy capacity with a weight of 3.8 kilograms (8.4 pounds) and an energy density of 247 Wh/kg.

As electric bicycle manufacturers work to deliver greater range, accommodate multiple drive systems and differentiate their products through design, battery technology has become an increasingly important consideration in product development. The RB-900 addresses these competing requirements through a modular battery platform that supports multiple bicycle categories, frame configurations and OEM customization needs.

“E-bike manufacturers face growing pressure to deliver greater range and performance while maintaining the flexibility to create distinctive products,” said Łukasz Kądziołka, Sales and Business Development Director at BMZ Poland. “With an industry-best energy density of 247 Wh/kg, the RB-900 is the most efficient battery on the market today, combined with a lightweight, modular design. We’re bringing this technology to the American market to give OEMs greater flexibility to develop their next generation of e-bikes.”

Greater Battery Capacity Without Compromising Bicycle Design

The RB-900 combines state-of-the-art lithium-ion battery cells with a slim, oval cross-section designed to accommodate demanding frame geometries, including smaller size-S frames. Its compact form factor gives bicycle manufacturers greater flexibility to integrate substantial battery capacity while maintaining the aesthetics and handling characteristics of their products. With 940 Wh of capacity and an energy density of 247 Wh/kg, the battery supports extended riding range (at least 17% greater range than competing high-capacity batteries in the under-4 kg category) without the proportional weight increases associated with larger, heavier battery systems.

The battery supports a broad range of applications, including electric mountain bikes (eMTB), trekking bikes (eTrekking), city and commuter bikes (eCity/eCommuter), SUV-class e-bikes and electric cargo bikes (eCargo). For cargo applications requiring additional energy storage, its dual-battery configuration provides nearly 2 kWh of combined capacity.

Modular Architecture Gives OEMs Greater Integration Flexibility

The RB-900 is engineered to simplify battery integration across different bicycle platforms. Its modular architecture allows manufacturers to adopt the battery as a ready-to-use production solution or customize it for specific original equipment manufacturer (OEM) and original design manufacturer (ODM) requirements.

Designed to work with leading e-bike drive systems, including Shimano, Panasonic, Motinova and Bafang, the platform gives manufacturers flexibility in selecting components and developing different product models.

Its integration features include:

Multiple mounting configurations: Top, bottom and slide-in installation options for integration within the bicycle frame’s downtube.Frame material compatibility: Support for different frame construction materials and installation configurations.Drive-system compatibility: Integration capabilities for multiple leading motor and drive-system platforms.Charging flexibility: An optional USB-C charging/power bank feature.Expandable energy capacity: Dual-battery configurations for cargo bikes and other high-demand applications.

These capabilities allow OEMs to evaluate a common battery platform across multiple product lines rather than developing separate battery architectures for every bicycle category.

Automotive-Grade Components Support Safety, Durability and Serviceability

Beyond performance and integration flexibility, the RB-900 incorporates advanced engineering and design features intended to support reliability, durability and sustainability, including:

Automotive-grade components: Engineered to support reliability and durability in demanding riding environments.Water and dust resistance: IP67 protection rating for resistance to dust and water ingress.Real-world performance testing: Tested in demanding riding conditions, including mountain biking applications.Repairability and recyclability: Modular architecture designed to facilitate product servicing and end-of-life battery management.Regulatory readiness: Developed with evolving European and U.S. regulatory requirements in mind, including requirements expected to take effect after 2027.

“Battery performance is only one part of what manufacturers need from a technology partner,” Kądziołka added. “Compatibility, reliability, serviceability and regulatory readiness are increasingly important throughout the product lifecycle. Our approach with the RB-900 is to combine these priorities in a flexible platform that manufacturers can adapt to their individual needs.”

Building on BMZ’s Global Experience in E-bike Battery Technology

The RB-900 builds on BMZ’s extensive experience developing battery systems for electric bicycle manufacturers worldwide, including:

Global manufacturing and service network: Manufacturing, sales and service operations across Europe, the Americas and Asia support bicycle manufacturers operating in multiple markets.Proven global deployment: More than one million bicycles equipped with batteries developed by BMZ engineers in Gliwice, Poland, are operating across Europe, North America and South America.Specialized engineering expertise: BMZ’s Polish engineering team serves as the Group’s competence center for premium battery solutions and custom battery development for bicycle manufacturers.Established industry partnerships: BMZ batteries are used by leading e-bike brands and professional mountain biking teams, including the Rotwild Schwalbe Gravity Team.Applications beyond e-bikes: The RB-900’s modular design and automotive-grade components offer potential applications in light electric motorcycles, industrial equipment, autonomous guided vehicles (AGVs), autonomous mobile robots (AMRs) and personal watercraft, subject to application-specific engineering and validation.

See the POWER2RIDE RB-900 at Micromobility America

BMZ will present the POWER2RIDE RB-900 at Micromobility America, November 11–12, 2026, at the Palace of Fine Arts, 3301 Lyon St, San Francisco.

Attendees can visit BMZ at booth C10 to meet with company representatives, review the battery’s technical specifications and discuss OEM integration and customization opportunities.

For more information about the POWER2RIDE RB-900, visit https://power2ride.bmz-group.com.

About BMZ Battery Solutions Group
BMZ Battery Solutions Group, headquartered in Karlstein am Main, Germany, is a leading international manufacturer of high-performance battery systems and a long-term technology partner for the electrification and decarbonization of key industrial sectors. Founded in 1994, the Group today draws on more than 30 years of experience in the development and industrial implementation of advanced battery systems. Since 2026, SKion is the sole owner of BMZ Group, the investment company founded by Susanne Klatten.

The company’s solutions are used worldwide across industrial applications, e-mobility, stationary energy storage and medical technology. With more than 1,450 highly qualified employees and over 194,000 m² of production space, BMZ Battery Solutions operates manufacturing facilities in Germany, Poland, China, North Macedonia, Brazil and the United States, as well as sales and service offices in the United Kingdom and Japan.

The company focuses on developing integrated battery systems across the entire value chain – from concept development and prototyping to intelligent control systems and interface technologies, scalable series production and global service, through to battery recycling concepts and second-life applications. BMZ Battery Solutions combines advanced lithium-ion technologies with alternative cell chemistries to continuously improve the efficiency, safety and sustainability of its solutions while proactively addressing future market needs.

Media Contact (Global):
Patrycja Kaleta-Łuczynowicz
BMZ Battery Solutions Group
Patrycja.Kaleta-Luczynowicz@bmz-battery.com
+48 786 320 915

U.S. Media Contact:
Michiko Morales
Gabriel Marketing Group
michim@gabrielmarketing.com

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SOURCE BMZ Battery Solutions Group