Eaton Announces Plans to Buy Resilient Power Systems
Eaton signed an agreement to acquire Resilient Power Systems Inc., Austin, TX, a manufacturer of energy solutions, including solid-state transformer-based technology.
Backed by venture capital firms including Energy Transition Ventures, Resilient Power Systems develops and manufactures energy solutions that rewrite the electric grid. Today, its line of ultra-compact EV charging depots connect directly to the existing distribution grid, allowing clients to deploy EV fleet and public charging stations quickly and efficiently. Eaton said in the release that in the future Resilient’s technology has additional application potential for data centers, enabling customers to increase power density and revenue generation.
“Resilient’s medium voltage solid-state transformers are a next-generation solution in high-power, direct current (DC) applications in the electric vehicle (EV) market – and there’s huge opportunity for future applications in data centers, port electrification and battery energy storage,” said Mike Yelton, president, Americas Region, Electrical Sector, in the press release. “By leveraging Eaton’s manufacturing capabilities, field service organization and commercial scale, we’re confident we can expand the market for this innovative technology to data center and other customers looking to move faster, minimize costs and improve power distribution efficiency and reliability.”