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IEC’s Karat invest in Metrycom

IEC 2011 press release – April 04, 2011

http://www.businesswire.com/news/home/20110404005821/en/Israel-Electric-Corporation-IEC-Invests-Million-NIS#.U2hvt_mSzHQ

TEL AVIV, Israel (BUSINESS WIRE). Metrycom Communication announced today the investment by IEC via Karat, its technological ideas accelerator, for the development of Metrycom’s MetrySense system, which enables real-time monitoring of high-voltage power transmission lines.

“We are happy to make the investment in Metrycom Communications. This investment is done as part of the framework activity of Karat, which is aimed at promoting and accelerating new technological ideas in the fields of smart grid networks, as well as the improvement of power quality and energy efficiency”.

One of MetrySense’s applications is the provision of online data regarding the pollution level of power line insulator strings, and the ability to predict electric flashovers on the insulators, which are likely to cause shortcuts and wide-area power sags (instantaneous voltage level drops). With the aid of the system, utility companies will be able at any point of time to optimally direct the insulator washing activity to the most sensitive segments of the transmission lines, thereby improving the quality of the electric network, and significantly saving up on high maintenance costs.

The system supports new Internet communication standards (IETF 6LoWPAN), which utilize the IPv6 Protocol over radio network, and create an Internet network of sensors (“the internet of things”).

“We are happy to make the investment in Metrycom Communications. This investment is done as part of the framework activity of Karat, which is aimed at promoting and accelerating new technological ideas in the fields of smart grid networks, and improving of power quality and energy efficiency,” said Dr. Adrian Biano, VP of Strategic Resources at IEC.

“We are pleased that after a long period of feasibility testing IEC decided to invest in Metrycom. MetrySense is a unique system and we are convinced that with the aid of IEC it will be possible to offer an innovative product to the world market that will assist electric companies in improving power quality and significantly save on maintenance expenses,” said Liron Frenkel, CEO of Metrycom.

 

About Metrycom Communications:

Metrycom Communications was established in 2008 by a team of executives and experts in the field of signal processing and communications. The company develops unique wireless control solutions, which integrate advanced sensors, and IP based wireless communication network (IETF 6LoWPAN), enabling maintenance-free monitoring and control of large-scale T&D grid systems.