Chakratec developed a kinetic energy storage technology that allows swift charging of EV and grid stabilization' applications. Chakratec have been awarded a number of significant industry recognized prizes, including the prestigious 2017 eMove 360, the 2018 ENREL award and the 2020 EVIES award in the energy storage category Mr. Ben David is a serial entrepreneur. Before founding Chakratec, Ilan co-founded Genoa Color Technologies a display semiconductor company and successfully led the company as a CEO for 12 years. Prior to that, held several senior executive positions in the electronic printing industry. Ilan served in the prestigious 8200 IDF unit, he is the inventor of more than 20 patents families and holds a B.Sc. ME and a M.Sc. EE from Tel-Aviv University.