Profile: Acorn Energy Inc (ACFN.O)

ACFN.O on Consolidated Issue listed on NASDAQ Capital Market

2 Jul 2015
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Acorn Energy, Inc., incorporated on July 23, 1986, is a holding company. The Company is focused on technology driven solutions for energy infrastructure asset management. Its segments include Energy & Security Sonar Solutions (DSIT), Smart Grid Distribution Automation (GridSense) and Machine-to-Machine Critical Asset Monitoring & Control (M2M).

Energy & Security Sonar Solutions (DSIT)

The Company's Energy & Security Sonar Solutions (DSIT) segment provides sonar and acoustic related solutions for energy, defense and commercial markets with a focus on underwater site security for strategic energy installations and other acoustic systems and real-time embedded hardware and software development and production through its DSIT Solutions Ltd. (DSIT) subsidiary. Its solutions include AquaShield Diver Detection Sonar (DDS), which provides critical coastal and offshore protection of sites through long-range detection, tracking, classification and warning of unauthorized divers and Swimmer Delivery Vehicles (SDVs) for deployment and response; PointShield Portable Diver Detection Sonar (PDDS), which is a medium range portable diver detection sonar aimed at protecting vessels at anchorage and covers restricted areas, such as water canals and intakes; AquaShield-ER, which is designed to enable detection, tracking and classification of targets at longer ranges enabling response time when this is required for operational considerations; Hull Mounted Sonar (HMS) for surface ships; Mobile/Portable Acoustic Range (MAR/PAR), which measures a submarine's or surface vessel's radiated noise enabling navies and shipyards to monitor and control the radiated noise and to silence their submarines and ships; Generic Sonar Simulator (GSS), which has developed a GSS for the training of Anti-Submarine Warfare (ASW), submarine and mine detection sonar operators; Underwater Acoustic Signal Analysis system (UASA), which processes and analyzes all types of acoustic signals radiated by various sources and received by naval sonar systems, and Sonar Building Blocks, which are based on its sonar capabilities and development of the DDS, DSIT has developed a range of generic building blocks of sonar systems, such as signal processing systems and sonar power amplifiers. Its areas of development and production in real-time and embedded hardware and software include weapon/C&C operating consoles, computerized vision systems for the semiconductor industry, and modems, data links, navigation and telemetry systems. DSIT's other operations include information technology (IT) activities (protocol management software for cancer patients and billing software) and outsourced consulting activities.

Smart Grid Distribution Automation (GridSense)

The Company's Smart Grid Distribution Automation (GridSense) segment includes GridSense, which is 100% owned by the Company and develops and markets remote monitoring systems to electric utilities and industrial facilities around the world. These systems are used in a range of utility applications, including outage management, power quality monitoring, system planning, trouble shooting and proactive maintenance, and condition monitoring. GridSense offerings include Transformer IQ, a monitoring system that monitors from the substation to the residential transformer all transformer failure parameters; Line IQ Systems, which provides real-time monitoring of events, load, voltage and temperatures with intelligent algorithms for accurate fault detection and overhead line condition monitoring; PowerMonic, which provides portable monitoring of low-voltage circuits, including power quality profiles, transient recordings, rich media studio (RMS) event captures, flicker, sags and swells, and remote capabilities; HighV Camera, which provides high-voltage inspection for energized assets to 345 kilovolt phase to phase; Grid InSite, which is an integrated software platform for configuring GridSense network monitoring devices, accessing their data, and turning that data into actionable, smart grid intelligence, and DistributionIQ, which is a platform for battery and maintenance-free remote monitoring of non-transformer assets and applications, including fixed capacitor banks, underground cables, and underground line faults. It also includes DemandIQ, which is under development.

Machine-to-Machine Critical Asset Monitoring & Control (M2M)

The Company's Machine-to-Machine Critical Asset Monitoring & Control (M2M) segment includes OmniMetrix, which develops and markets machine-to-machine (M2M) wireless remote monitoring and control systems and services for multiple markets in the Internet of Things ecosystem: critical assets, including stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, as well as other oilfield equipment, as well as corrosion protection for the pipeline industry (gas utilities and pipeline companies). OmniMetrix sells a line of devices and services built on its baseline G8500 wireless remote monitor. OmniMetrix offers two primary product lines, Rectifier Monitors (RMs) and Computer Automated Test Stations (CATS).

The Company competes with Sonardyne International Ltd., Atlas Elektronik, Kongsberg group of companies, Whitehead Sistemi Subacquei, Ultra Electronics, General Electric, Siemens, Qualitrol Company LLC, PowerSense, Schweitzer Engineering Laboratories, Power Delivery Product, Sentient, Cooper, OmniMetrix, Ayantra, FleetZOOM, Gen-Tracker, PointGuard, Deep Sea Electronics, Cummins Power Generation, Abriox, Elecsys and American Innovations.

Company Address

Acorn Energy Inc

3903 Centerville Road
P: +1302.6561708
F: +1302.6561703

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