REPS announced a 23.6 million USD equity financing round to scale its patented Road Energy Production System, which converts vehicle traffic into electrical energy by harvesting wasted mechanical energy from roads. The company is targeting ports, logistics hubs, cities, and industrial sites. Founder and CEO Alfons Huber said the company spent six years developing the technology and is now entering the scaling phase. The first commercial system has been operating at the Port of Hamburg since November 2025.