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Engineering Services DE, United States
Nasdaq: ACFN
Acorn Energy, Inc. operates as a holding company focused on technology driven solutions for energy infrastructure asset management. The company operates through three segments: Energy & Security Sonar Solutions, Smart Grid Distribution Automation, and Energy and Security Sensor Systems. The Energy & Security Sonar Solutions 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 real-time and embedded hardware and software development and production through the company's DSIT Solutions Ltd. subsidiary. The Smart Grid Distribution Automation segment provides products and services through the company's GridSense subsidiary, which develops markets and sells remote monitoring and control systems to electric utilities and industrial facilities worldwide. The Energy and Security Sensor Systems segment provides products and services through the company's US Sensor Systems, Inc. subsidiary, which develops and produces fiber optic sensing systems for the energy, commercial security and defense markets worldwide. The company was founded by Morgenstern George in 1986 and is headquartered in Montchanin, DE.
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