PRF Technologies shares surge 17.97% premarket after securing 71 MW SaaS deal with Shikun & Binui Energy for DeepSolar solar analytics deployment in Romania.

PRF Technologies (Nasdaq: PRFX) surged 17.97% in premarket trading following the announcement of a commercial SaaS agreement to deploy its DeepSolar AI analytics platform at the 71 MW Satu Mare utility-scale solar plant in Romania with Shikun & Binui Energy. The deal, marking a shift from pilot programs to ongoing operations, underscores DeepSolar’s adoption for continuous performance monitoring, predictive analytics, and technical due diligence in Europe. The partnership with Shikun & Binui Energy, a subsidiary of Israel’s leading infrastructure firm, highlights PRF’s strategic expansion in renewable energy markets and strengthens its SaaS revenue potential. Recent product launches, including Smart TDD and DeepSolar Predict, alongside a patent application for micro-climate modeling, further position the company to capitalize on growing demand for solar asset optimization. The agreement aligns with PRF’s dual focus on healthcare and energy technology, reinforcing investor confidence in its scalable AI-driven solutions.