Technology

RESA Power Significantly Expands Its Medium Voltage Power System Supply and Engineering Capability with the Acquisition of Prime Engineering Ltd.

Published

3 months ago

October 15, 2024

HOUSTON, Oct. 15, 2024 /PRNewswire/ — RESA Power, LLC (the “Company”), a market leader in power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, has announced the acquisition of Prime Engineering Ltd. (“Prime”).

Based in Victoria, British Columbia, Prime is a full-service electrical design, engineering, supply, and services business that has specialized in medium voltage electrical power and control systems, as well as providing electrical field services, since 2010.

With the Prime acquisition, RESA Power significantly enhances its engineering capability and adds expertise in the supply of medium voltage power systems in Canada and the USA, increasing its ability to meet the needs of their customers’ most demanding and challenging requirements.

Mark Angus, Chief Growth Officer at RESA Power, commented on the acquisition, “The acquisition of Prime Engineering significantly bolsters our ability to design, engineer, and supply medium voltage equipment, and this will have a positive impact not just in Canada but across RESA’s entire business in North America. The Prime Engineering team has a proven record for providing innovative engineered solutions that have enabled them to build an unparalleled reputation across their loyal customer base for almost fifteen years.”

Eric Sleigh, co-owner, and General Manager of Prime Engineering, stated, “Along with my fellow co-owners, we are excited to partner with RESA Power. They are a nationally scaled provider of electrical power solutions in Canada and the USA, and we feel this partnership will allow us to expand more quickly into new geographic markets across North America.” Co-owner and Director of Operations, Chris Duggan added, “Just like RESA, Prime was founded on a culture of problem-solving, strong customer relations, and an unbridled enthusiasm for supplying innovative electrical power solutions engineered for specific customer requirements. We look forward to strengthening this commitment with the backing and resources available at RESA Power.”

This is the seventh acquisition that RESA Power has completed in 2024, and the twelfth since the beginning of 2022, when it joined Investcorp.

In accordance with RESA Power’s commitment to recognizing the hard work and expertise of its newly acquired employees, the company offers immediate participation in the Employee Ownership Plan (EOP) to any employee who joins through acquisition and has or will soon reach, a year of service with their newly acquired company in the current year. This unique benefit in the electrical power industry is designed to demonstrate RESA Power’s appreciation for its employees and to align with the company’s “One RESA” philosophy, which emphasizes collaboration and teamwork. By providing all employees with a stake in the company’s success, RESA Power is fostering a culture of shared ownership and enabling its employees to contribute to the long-term growth and success of the business.

About RESA Power

RESA Power, a portfolio company of Investcorp, a global alternative investment firm, is a market leader in power systems services and life extension solutions for power distribution equipment used in mission-critical environments. With locations across the United States and Canada, RESA Power is uniquely capable of ensuring its customers’ critical power systems are safe, reliable, and operating at peak efficiency. The technicians and engineers at RESA Power are experts in testing and servicing transformers, relays, breakers, and other key components of power distribution and control systems. RESA Power also provides quick turn-around custom manufactured or retrofit switchgear and breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. For more information about how to join the RESA Power group, visit www.resapower.com or follow @RESAPower on LinkedIn

Media Contact:
Julia Baranava
384744@email4pr.com
(832) 900-8340

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SOURCE RESA Power

Technology

HevenDrones Partners with SMARTSHOOTER for Drone Defense

Published

9 seconds ago

January 15, 2025

New partnership addresses mission-critical demand for counter-drone technology amid escalating global conflicts

MIAMI, Jan. 15, 2025 /PRNewswire/ — HevenDrones (Heven), the market leader in hydrogen-powered drones, announced today a partnership with SMARTSHOOTER, a global innovator in fire control systems that significantly increase hit probability against static and moving ground and aerial targets.

The collaboration integrates SMARTSHOOTER’s SMASH Dragon platform with Heven’s H100 and Urban drone platforms, enabling precision targeting and engagement of both ground and aerial threats.

“As drone conflicts escalate, we know that counter-drone technology will prove critical to the evolving needs of the armed forces,” said Bentzion Levinson, CEO of Heven. “By integrating our drones with SMARTSHOOTER’s fire control systems, we aim to address customer demand for the future needs of remotely-controlled warfare.”

SMASH Dragon is an advanced robotic weapon payload that can be mounted on various drones and unmanned aerial platforms. Leveraging SMARTSHOOTER’s SMASH proprietary fire control and target acquisition algorithms, along with ballistic-calculated shot release, the system directs the weapon and accurately times the shot to achieve a precise hit. The system is uniquely designed to lock, track, and engage unknown targets in unpredictable environments, whether static or dynamic, day or night, unaffected by target movements or human errors such as fatigue and stress.

Staying at the forefront of military technology innovation, SMASH’s proven track record includes recent successful deployments and significant contracts to supply the SMASH 3000 system to NATO Countries for counter-drone operations and equipping the British Army with SMASH systems for counter-unmanned aerial system (C-UAS) capabilities.

About HevenDrones

HevenDrones was founded in 2019 with a clear vision: To unlock the immense potential of the drone economy. Heven’s hydrogen-powered, runway-independent drones are designed with endurance and adaptability in mind. Built for the most complex missions, Heven’s drones operate anywhere—efficiently, quietly, and reliably— providing the warfighter with the technology to get the job done.

About SMARTSHOOTER

Founded in 2011, SMARTSHOOTER is an Israeli-based company that has developed world-leading fire control systems to enhance the accuracy and effectiveness of small arms. Their SMASH product line, which includes the SMASH Dragon, utilizes artificial intelligence, computer vision, and advanced algorithms to enable precise targeting of both ground and aerial threats, including drones. Headquartered in Yagur, Israel, SMARTSHOOTER also operates subsidiaries in the U.S. (Maryland), Europe (Germany), and Australia, serving a diverse array of global clients such as the Israel Defense Forces, U.S. Army, British Army, and other NATO member forces.

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SOURCE Heven Drones

Technology

HevenDrones Partners with SMARTSHOOTER for Drone Defense

Published

10 seconds ago

January 15, 2025

New partnership addresses mission-critical demand for counter-drone technology amid escalating global conflicts

The collaboration integrates SMARTSHOOTER’s SMASH Dragon platform with Heven’s H100 and Urban drone platforms, enabling precision targeting and engagement of both ground and aerial threats.

About HevenDrones

About SMARTSHOOTER

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SOURCE Heven Drones

Technology

Extinguishing Wildfires with Light at Meta Photonix

Published

11 seconds ago

January 15, 2025

SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — MetaPhotonix Inc. (MPI), a Silicon Valley startup, is developing a revolutionary method to extinguish large-scale wildfires using nothing but light – eliminating water! The innovative technology also aims to significantly reduce the need for aircraft, and firefighters, enabling fires to be extinguished by AI remotely at the speed of light.

In 2024, MPI achieved a small yet groundbreaking milestone, by remotely extinguishing a tiny flame, equivalent to the size of a candle, using only light. While small in scale compared to actual wildfires, this experiment serves as a vital proof-of-concept, paving the way for a future where wildfires can be managed quickly and cost-effectively.

“It’s like the first transistor—early stage, but with transformative potential,” said CEO, Dr. Leo DiDomenico, a former NASA Jet Propulsion Laboratory scientist.

MPI’s technology, known as photopyrokinesis, leverages “structured light” from lasers and millimeter-wave sources. These initially low-intensity beams traverse the atmosphere where they would get focused to high-intensity at the disaster area to suppress wildfires without water, chemicals, or close-range human intervention.

This innovation could save the U.S. up to $1 trillion annually in wildfire-related costs, an amount rivaling the nation’s military budget, while addressing up to 20% of global CO₂ emissions.

Using precise light beams, MPI’s technology can potentially even target fires near buildings, offering a critical tool for protecting lives and property. Therefore, this approach is a potential game-changer for the insurance industry, allowing them to keep insuring homes, by reducing claims from wildfires. Each community might someday have its own quick-acting AI fire sentry protecting lives and homes – making fire insurance viable again.

Photopyrokinesis works by directing beams of structured light to fire zones to manipulate the electronic structure of the atmosphere and create localized shockwaves that deny oxygen to the fire. This process provides millions of tiny, controlled explosions each second, extinguishing flames rapidly and efficiently. It is like using dynamite to put out an oil well fire, but much more controlled and targeted.

The structured light’s unique properties allow it to even propagate on curved trajectories, like water from a hose, enabling precise targeting of the fire even in extreme wind conditions like Santa Ana winds.

Founded in 2022 by Dr. DiDomenico, MetaPhotonix Inc. is advancing in the XPRIZE Wildfire competition, but needs visionary investors to help scale this technology and protect lives, ecosystems, and economies from the devastating effects of wildfires.

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SOURCE MetaPhotonix Inc