Greenwood Energy has garnered €5.1 million in funding to escalate its operations and probably arrange manufacturing within the US.

The Austrian agency makes a speciality of energy and voltage sensors which might be integral to gasoline and air-installed native substations. The sensors are engineered to mitigate grid destabilization induced by various manufacturing and demand, and the corporate is using additive manufacturing of their manufacturing.

“Our extremely exact sensors are particularly designed for retrofitting native grid substations and stand out from the competitors because of our cost-effective 3D printing manufacturing course of,” says Greenwood Energy CEO Norbert Juschicz.

“We’re at present researching a system the place our sensors ship energy and voltage knowledge to a central knowledge processing system. Deviations from regular operation might be mechanically detected and reported to the grid operator.”

The hefty funding is fueled by Austrian VC corporations eQventure and tecnet fairness, and is directed in the direction of quintupling Greenwood Energy’s international market share to a stable ten p.c.

The ambition doesn’t finish right here; the corporate can be diving into analysis to plan a system the place sensors convey real-time energy and voltage knowledge to a centralized processing hub. This can allow automated detection and notification of any operational discrepancies to the grid operators.

The enterprise displays a potent mix of 3D printing know-how with clever enterprise capital infusion, fortifying Austria’s footprint within the burgeoning international market of energy and voltage sensors.

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