Wilmington, DE – March 6, 2025 – Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control IoT solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, announced results for its fourth quarter (Q4’24) and full-year periods ended December 31, 2024, which included a $4.4M non-cash benefit for deferred income taxes. Acorn also announced that it plans to pursue an uplisting to the Nasdaq Capital Market in the first half of this year. Acorn will hold an investor call today at 11am ET (details below).
Wilmington, DE – March 4, 2025 – Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control IoT solutions for backup power generators, gas pipelines and air compressors, will report Q4 and full year results before the market opens on Thursday, March 6th and host an investor call at 11:00 a.m. ET. Following prepared remarks by Jan Loeb, President & CEO, and Tracy Clifford, CFO & COO of OmniMetrix, management will take investor questions.
Wilmington, DE – November 7, 2024 – Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, through its OmniMetrix operating subsidiary, today announced Q3 revenue rose 46% to $3.05M and EPS Rose to $0.29 vs. $0.01, inclusive of the
initial benefit of 2-year contract for remote monitoring of backup generators
for cell towers.
Wilmington, DE – June 5, 2024 – Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, through its OmniMetrix operating subsidiary, today announced a significant new contract with one of the nation’s largest wireless telecommunications providers. Under the contract, OmniMetrix will provide monitoring devices and related remote monitoring and control services for between 5-10 thousand cell tower backup generators in the U.S. The monitoring units and monitoring services, which will be deployed over a two-year period, are expected to generate total revenue of approximately $5 million beginning in the third quarter of 2024.
Power Solutions Specialists TX Residential Standby Generator Customers Can Benefit by Providing Grid Relief to ERCOT via Innovative OmniMetrix Partnership
Houston, TX and Buford, GA – July 11, 2022 – Power Solutions Specialists TX (PSS) and OmniMetrix, LLC, a subsidiary of Acorn Energy, Inc. (ACFN), today announced an innovative partnership to help homeowners that install next-generation standby generators to earn compensation for offering grid relief, known as “demand response,” to the Electric Reliability Council of Texas (ERCOT). OmniMetrix, a provider of IoT remote monitoring and control technology that is necessary to enable this capability, partnered with PSS last year to provide monitoring services to Briggs and Stratton back-up power generators sold by PSS.
CPower and OmniMetrix Partner to Enable Standby Electric Generator Customers to Benefit from Participation in Electric Grid Relief Programs
Baltimore, MD & Buford, GA – June 8, 2022 – OmniMetrixTM, a provider of remote monitoring and control solutions for standby power generators and other industrial equipment, today announced a new partnership with leading, national energy solutions provider CPower Energy Management, which will enable OmniMetrix standby generator customers to participate in electric grid relief “demand response” programs. OmniMetrix is a subsidiary of Acorn Energy, Inc. (ACFN).