TURB Turbo Energy SA

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of, May 2024

 

Commission File Number 001-41813

 

TURBO ENERGY, S.A.

(Translation of registrant’s name into English)

 

Street Isabel la Católica, 8, Door 51,

Valencia, Spain 46004

 (Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒       Form 40-F ☐

 

 

 

Issuance of Press Release

 

On May 6, 2024, Turbo Energy, S.A. issued a press release announcing that it has filed a patent application with the Spanish Patent and Trademark Office for its Sunbox Commercial & Industrial product.

 

The press release furnished in this report as Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section.

 

Exhibits

 

Exhibit No.		Description
Exhibit 99.1		Press Release titled “Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product” dated May 6, 2024

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: May 9, 2024	Turbo Energy, S.A.
	By:	/s/ Mariano Soria
		Mariano Soria
		Chief Executive Officer

 

 

2

 

Exhibit 99.1

 

 

Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

 

VALENCIA, Spain, May 6, 2024 -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the Company”), a leader in the field of photovoltaic energy storage, today announced it has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”) for its Sunbox Commercial & Industrial (“Sunbox C&I”) product. This product, which is already available on the market, offers the most efficient and adaptable solution for both isolated and grid-connected projects. Additionally, the product allows for existing solar installations of any brand to be managed by the Sunbox system, thus expanding a user’s photovoltaic production capability as needed.

 

 

Turbo Energy’s Sunbox Commercial & Industrial (“Sunbox C&I”) Product 

 

Source: Turbo Energy

 

“We are pleased to announce this patent application submission,” said Turbo Energy CEO Mariano Soria. “We are optimistic that the OEPM will approve our presentation after having thoroughly studied the technological base of the market and having already successfully tested our solution with our clients.”

 

Sunbox C&I’s software provides several competitive advantages which include allowing Turbo Energy’s technology to be incorporated into any previously operational facility, of any brand, without the need to develop a management project that allows both the initial plant and the newly incorporated plant to operate synchronously. This also allows for the standardization and lowering of the cost of the system in a notable way.

 

Furthermore, the Sunbox system allows the expansion of the photovoltaic installation to be connected in direct current, while simultaneously taking advantage of the surpluses from the original plant by connecting with it in parallel. This system, including its order of preferences for the use of surplus energy from both plants, is the most efficient electrical management system on the market today.

 

“Following Spanish approval,” said Mr. Soria, “we plan to continue our expansion strategy for Sunbox by seeking an international patent that will provide Turbo Energy with substantial global revenue growth opportunities.”

 

 

About Turbo Energy, S.A.

 

Turbo Energy is a Spanish company listed on NASDAQ (ticker: TURB), a leader in photovoltaic energy storage technology managed through Artificial Intelligence. The company’s goal is to develop innovative solutions that allow end consumers to harness the full potential of solar energy and reduce their electricity costs. With a combination of Artificial Intelligence and advanced technology, Turbo Energy is paving the way for a more sustainable and energy-efficient future. For more information, visit www.turbo-e.com.

 

Forward-Looking Statements

 

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

 

For more information, please contact:

 

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com

 

 

 

 

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