Acorn Energy, Inc., through its subsidiaries, provides technology driven solutions for energy infrastructure asset management. AquaShield, AquaShield-ER and PointShield are trademarks of the company’s DSIT Solutions Ltd. (DSIT) (88.3%) subsidiary. GridSense, HighV, GridInSite, CableIQ, PowerMonic, BreakerIQ, LineIQ, TransformerIQ, DemandIQ, and DistributionIQ are trademarks of the company’s GridSense subsidiaries ((GridSense Inc. in the United States and GridSense Pty Ltd. and CHK GridSense Pty Ltd. in Australia - collectively ‘GridSense’). OmniMetrix, SmartService, OmniView, OmniLink, and OmniScope are trademarks of the company’s OmniMetrix, LLC (OmniMetrix) subsidiary. Segments The company operates through three segments: Energy & Security Sonar Solutions; Smart Grid Distribution Automation; and Machine-to-Machine (M2M) Critical Asset Monitoring & Control. Energy & Security Sonar Solutions segment This 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 advanced acoustic systems and real-time embedded hardware and software development and production through DSIT. DSIT DSIT is a globally-oriented business based in Israel with expertise in sonar and acoustics and development capabilities in the areas of real-time and embedded systems. Based on these capabilities, the company offers a range of sonar and acoustic-related solutions to strategic energy installations, as well as defense and homeland security markets. In addition, based on expertise in fields, such as signal acquisition and processing applications, communication technologies and command, control and communication management, the company provides various solutions to both governmental and commercial customers. Products and Services DSIT’s Energy & Security Sonar Solutions activities are focused on two areas – sonar and acoustic solutions for energy and security markets and other real-time and embedded hardware and software development and production. These solutions comprise: AquaShield Diver Detection Sonar (DDS): DSIT has developed a DDS system, the AquaShield, which provides critical coastal and offshore protection of sites through long-range detection, tracking, classification and warning of unauthorized divers and swimmer delivery vehicles (SDVs) for rapid deployment and effective response. The company’s AquaShield DDS system is fully automatic and customizable, and requires human intervention only for final decision and response to the threat. The DDS sensors could be integrated with other sensors into a comprehensive command and control (C&C) system to provide a tactical picture both above and below the water for more intelligent evaluation of and effective response to threats. PointShield Portable DDS (PDDS): The PointShield PDDS is a medium range portable DDS aimed at protecting vessels at anchorage and covers restricted areas such as water canals and intakes. The PointShield is a system tailored to meet the needs of customers, whose main concern is portability and flexibility. AquaShield-ER: The AquaShield-ER (extended range) DDS is similar to the company’s AquaShield DDS except that it is primarily designed to enable detection, tracking and classification of targets at much longer ranges thus enabling better response time when this is required for operational considerations. Hull Mounted Sonar (HMS) for Surface Ships: DSIT has created sonar building blocks that enable it to offer to customers and shipyards a HMS. Mobile/Portable Acoustic Range (MAR/PAR): The MAR and PAR measures a submarine’s or surface vessel’s radiated noise, thus enabling navies and shipyards to monitor and control the radiated noise and to silence their submarines and ships. By continuously tracking the measured vessel and transmitting the data to a measurement ship, the MAR system enables real time radiated noise processing, analysis and display. The system also includes a platform database for measurement results management and provides playback and post analysis capability. Generic Sonar Simulator (GSS):
acorn energy inc (ACFN:OTC US)
3844 Kennett Pike
Wilmington, DE 19807
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