Acorn Energy, Inc. (NASDAQ: ACFN) is a technology company focused on remote monitoring and control solutions for critical energy and industrial infrastructure. Through its operating businesses, the company helps customers monitor equipment performance, identify potential problems, and improve the reliability of distributed assets.
Its principal business is OmniMetrix, which provides cloud-based monitoring and control systems for backup power generators, industrial engines, pumps, compressors, and related equipment. These solutions are used by organizations that require reliable operation of essential machinery and may include hardware, communications, software, alerts, and ongoing support services.
Acorn Energy has historically operated as a holding company for businesses serving the energy, utility, industrial, and infrastructure markets. The company has also previously owned or invested in businesses involved in grid monitoring, power management, and specialized defense and security technologies. Acorn Energy is based in the United States, while its operating businesses have served customers in North America and other international markets. Jan Loeb has served as the company’s chief executive officer.
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