ELEKTROS (OTC:ELEK) highlighted a 7.96% share price gain and rising global investor interest as it advances hard rock lithium exploration in Sierra Leone and pursues monetization of its EV fast-charging patent US 12,522,100 B1.
The company issued a May 5, 2026 cease-and-desist notice over potential patent infringement, is reviewing possible unauthorized use across the EV industry, and plans strategic licensing, one-year lease discussions, or broader acquisition and buyout alternatives for its patent portfolio.
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AI-generated analysis. Not financial advice.
Positive
- Share price rose 7.96% in Friday trading
- Focus on hard rock lithium exploration in Sierra Leone
- Ownership of EV fast-charging patent US 12,522,100 B1
- Cease-and-desist notice signals active protection of IP assets
- Planned licensing, lease, or acquisition discussions for patent portfolio
Negative
- Cease-and-desist notice suggests potential patent dispute with major automaker
- No current revenue, valuation, or licensing figures disclosed for the patent
- Lithium exploration and EV technology strategy still at development and monetization stage
WEST PALM BEACH, FL / ACCESS Newswire / May 24, 2026 / Management Celebrates Friday Trading Momentum of
ELEKTROS States That Growing Global Awareness Surrounding the Company Represents an Exciting Milestone for Shareholders and Supporters Worldwide.
ELEKTROS continues focusing on hard rock lithium exploration and development opportunities in Sierra Leone, Africa, positioning the Company within one of the world’s most strategically important supply chains supporting electric vehicles, renewable energy storage, and industrial electrification.
The importance of lithium to the future of transportation and clean energy has been repeatedly highlighted by industry leaders worldwide. Elon Musk, CEO of Tesla, previously stated:
“It is definitely true that the fundamental enabling technology for electric cars is lithium-ion as a cell chemistry technology. In the absence of that, I don’t think it’s possible to make an electric car that is competitive with a gasoline car.”
In addition, Musk has publicly emphasized the importance of expanding charging infrastructure and improving charging efficiency to support mass EV adoption globally.
In parallel with its lithium initiatives, ELEKTROS holds United States Patent No. 12,522,100 B1 related to advanced electric vehicle charging technology designed to significantly reduce charging times and improve charging efficiency for EV users globally.
The Company believes that fast-charging infrastructure may become one of the defining components of the next generation EV ecosystem as consumers increasingly demand reduced charging times, improved convenience, and enhanced vehicle usability.
ELEKTROS further announced that on May 5, 2026, the Company delivered a cease-and-desist notice regarding activities involving a major global automotive manufacturer whose identity the Company has elected not to publicly disclose at this time concerning matters related to potential infringement involving ELEKTROS’ patented charging technology.
Management stated that the protection of shareholder value and the defense of intellectual property rights remain core priorities. The Company indicated that it continues actively evaluating potential unauthorized use of its patented technology throughout the electric vehicle industry.
ELEKTROS also confirmed that management expects to initiate strategic communications involving potential licensing discussions, including possible one-year lease arrangements related to the patented technology, as well as broader strategic alternatives that may include acquisition or buyout proposals concerning the Company’s patent portfolio.
The growing importance of lithium and rare earth minerals continues drawing increasing attention across global financial markets. Major financial publications, including The Wall Street Journal, have extensively reported on the strategic importance of critical minerals, lithium supply chains, and rare earth resource development as nations race to secure the raw materials necessary for the future of electric transportation, artificial intelligence infrastructure, defense technologies, and energy independence.
Management believes that successful monetization, licensing, or strategic acquisition of the Company’s patent portfolio could represent a highly significant event for the Company and its shareholders, potentially creating substantial long-term enterprise value.
“This patent represents years of innovation, engineering, persistence, and commitment,” said Shlomo Bleier, CEO of ELEKTROS Inc. “We believe our technology has the potential to redefine the electric vehicle charging experience globally while positioning ELEKTROS at the center of one of the largest industrial transformations of our generation. At the same time, we remain deeply committed to responsibly advancing our lithium initiatives while aggressively protecting the intellectual property we have worked tirelessly to build.”
ELEKTROS stated that management continues working aggressively across all operational divisions with the objective of building a globally recognized energy and technology company positioned at the intersection of lithium resources, electrification, and EV infrastructure innovation.
Patent Reference: United States Patent No. 12,522,100 B1
Patent Link: https://patents.google.com/patent/US12522100B1/en
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable securities laws. These statements involve risks, uncertainties, and assumptions that may cause actual results to differ materially from those expressed or implied. Statements regarding patent enforcement, licensing opportunities, potential acquisitions, market opportunities, shareholder value, operational execution, lithium exploration activities, and future strategic growth are forward-looking in nature and subject to numerous risks and uncertainties. Investors are encouraged to conduct their own independent due diligence before making any investment decisions.
Contact Information:
ELEKTROS Inc.
Publicly Traded (Ticker Symbol:ELEK)
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: www.elektros.energy
West Palm Beach, Florida
SOURCE: Elektros, Inc.
View the original press release on ACCESS Newswire
FAQ
Why did ELEKTROS (ELEK) highlight a 7.96% stock gain on May 24, 2026?
ELEKTROS reported a 7.96% share price increase, linking it to rising awareness of its lithium and EV charging strategy. According to ELEKTROS, growing global interest reflects its vision in hard rock lithium mining and advanced EV patent technology.
What is ELEKTROS (ELEK) doing in hard rock lithium mining in Sierra Leone?
ELEKTROS is pursuing hard rock lithium exploration and development opportunities in Sierra Leone. According to ELEKTROS, this positions the company within strategic supply chains for electric vehicles, renewable energy storage, industrial electrification, and other critical clean energy applications worldwide.
What EV charging patent does ELEKTROS (ELEK) own and what does it cover?
ELEKTROS owns United States Patent No. 12,522,100 B1 for advanced EV charging technology. According to ELEKTROS, the patent targets significantly reduced charging times and improved charging efficiency, aligning with expected growth in global fast-charging infrastructure demand.
Why did ELEKTROS (ELEK) send a cease-and-desist notice on May 5, 2026?
On May 5, 2026, ELEKTROS delivered a cease-and-desist notice involving a major global automaker. According to ELEKTROS, the notice concerns potential infringement of its patented charging technology, reflecting its priority on protecting intellectual property and shareholder value.
How does ELEKTROS (ELEK) plan to monetize its EV charging patent portfolio?
ELEKTROS plans strategic communications on licensing and one-year lease arrangements for its patent. According to ELEKTROS, it is also considering broader strategic options, including acquisition or buyout proposals that could support long-term enterprise value creation for shareholders.
What long-term vision does ELEKTROS (ELEK) have for lithium and EV infrastructure?
ELEKTROS aims to build a globally recognized energy and technology company focused on lithium, electrification, and EV infrastructure. According to ELEKTROS, management is working across all divisions to position the firm at the intersection of lithium resources and EV charging innovation.