This acquisition further strengthens CO7 Technologies’ leading position by adding intelligent line sensors and grid analytics solutions for utility power distribution, renewable and smart grids all around the world.
Montreal, Québec – January 3rd, 2024 – CO7 Technologies (CO7), announced that it has acquired the assets and intellectual properties of LineWatchTM electric power distribution grid sensing and monitoring system from QinetiQ. This strategic move solidifies CO7's commitment to expand its portfolio with innovative monitoring and sensing technologies.
LineWatch senses and monitors low and medium voltage power lines to provide utilities with highly accurate data that enables a full range of applications to improve distribution grid operations and efficiency including, legacy substation monitoring, asset management, distribution automation, fault detection and location, Volt/VAR optimization (VVO), Conservation Voltage Reduction (CVR), theft detection and more.
" The acquisition of LineWatch highlights our dedication to delivering cutting-edge solutions that address the complex challenges utilities face, enabling greater grid awareness, improves system management and reliability, enhances operating efficiencies, and improve customer service and satisfaction," says Christian Cossette, President of CO7 Technologies. " This complementary technology further position CO7 as a global leader in protection and control solutions, addressing utilities' crucial challenge of harmonizing energy consumption growth with network reliability and environmental sustainability. "
The development and the production of LineWatch will take place at CO7's state-of-the-art facilities located in Sherbrooke and Montreal, Quebec, leveraging CO7's expertise while maintaining the product's high standards and quality.