Electronic Equipment, Instruments and Components
Company Overview of Neptune Technology Group Inc.
Company Overview
1600 Alabama Highway 229
Tallassee, AL 36078
United States
Founded in 1886
Key Executives for Neptune Technology Group Inc.
Neptune Technology Group Inc. Key Developments
Senet, Inc. announced that they are partnering with Neptune Technology Group to implement wireless Network-as-a-Service (NaaS) infrastructure technology for water metering applications throughout North America. Neptune’s new, LoRa®-enabled L900™ series of water endpoints provides a wide range of capabilities for water meter reading and sensor applications that demand low power consumption and long-range connectivity. By combining these metering units with Senet’s highly scalable and reliable LoRa LPWAN, Neptune is equipped with a connectivity solution to help water utility customers and municipalities boost efficiencies and accelerate sustainability efforts at the best possible total cost of ownership.
Badger Meter Inc. confirmed it is exploring options related to a sale, but did not name a buyer. The Milwaukee company is in the early stages of a sales process that is expected to draw interest from a number of other industrial companies, according to people familiar with the matter. The top two competitors in the water meter market are Sensus USA Inc. and Neptune Technology Group Inc., but neither of those company's owners seems likely to pursue an acquisition, said Richard Eastman, an analyst with Robert W. Baird & Co. in Milwaukee.
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