Acorn Energy Inc. (ACFN)

Overview

Acorn Energy, Inc. is a company specialized in the development and marketing of wireless remote monitoring and control systems, operating across various markets both in the United States and internationally. With its origins dating back to 1986 and headquartered in Wilmington, Delaware, Acorn Energy has grown to serve a diverse range of industries through its innovative solutions. The company strategically segments its operations into two main areas: Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. These segments reflect Acorn Energy's commitment to providing state-of-the-art monitoring technologies and services that cater to the critical needs of its clients, ensuring the efficient and reliable operation of key industrial assets.

Products and Services

• Power Generation (PG) Monitoring

This segment focuses on supplying wireless remote monitoring and control systems alongside services that cater to critical assets. These assets include stand-by power generators, compressors, pumps, pumpjacks, light towers, turbines, and various other pieces of industrial equipment. Additionally, this segment embraces Internet of Things applications, aiming to provide comprehensive and cutting-edge solutions that enhance operational efficiency, reliability, and safety for its clients.

• Cathodic Protection (CP) Monitoring

Specially designed for the gas utilities and pipeline companies, this segment offers advanced remote monitoring solutions for cathodic protection systems installed on gas pipelines. Cathodic protection is essential for mitigating corrosion in metal pipelines, and Acorn Energy's monitoring solutions ensure that these systems operate effectively, providing clients with crucial data and insights to maintain the integrity and safety of their gas delivery systems.