PainReform Ltd., a clinical-stage specialty pharmaceutical company, has announced its expansion into the rapidly growing Smart Energy Management (SEM) sector. The company has acquired DeepSolar, a provider of AI-driven software solutions designed to optimize solar energy usage in residential and utility-scale solar power plants. This strategic move marks a milestone in PainReform’s long-term diversification strategy, aiming to tap into high-growth, tech-enabled markets.
DeepSolar’s product, MyDeepSolar, is an application that leverages machine learning and predictive analytics to provide real-time monitoring, yield forecasting, and performance optimization for solar-enabled homes. The app helps maximize the return on solar investments and optimize energy efficiency by providing homeowners with comprehensive insights into their solar system’s performance.
PainReform’s entry into the SEM market comes amid a flurry of M&A activity and institutional investments in solar and smart energy technologies. Governments worldwide are also ramping up support for residential optimization through tax credits, net metering incentives, and smart grid infrastructure.
By expanding into the SEM sector, PainReform is leveraging its AI expertise to address new verticals where data-centric platforms drive recurring revenue and operational scalability. The company’s dual business model, which includes reformulating established therapeutics and developing AI-driven energy optimization technologies, reflects its strategic commitment to applying precision technology across high-impact sectors including healthcare and sustainable energy.
The chairman and interim CEO of PainReform, Ehud Geller, expressed enthusiasm about the company’s expansion into the SEM market, stating that it “marks an important milestone in our long-term diversification strategy. We believe DeepSolar has the potential to play a transformative role in a market where intelligent optimization is the key to unlocking the full value of solar energy.”
The company’s entry into the SEM market is expected to drive growth and create new opportunities for PainReform, as the global solar capacity continues to accelerate amid increasing demand for decentralized, sustainable energy solutions.