Saco, ME – November 16, 2016 - INCON Power Reliability Systems, a subsidiary of Franklin Electric Co., Inc. (NASDAQ: FELE), won its first ever R&D 100 Award for the newly developed OPTIMIZER3, a complete performance monitoring system for high voltage substation circuit breakers. Widely known as the ‘Oscars of Innovation’, the R&D 100 Awards are an international competition that recognize the 100 most technologically significant products introduced into the marketplace over the past year.
The 2016 R&D 100 Awards banquet took place on November 3, 2016 at the Gaylord National Harbor & Resort in Oxon Hill, Maryland, where the leaders of science and technology industries were honored for their innovative, high-tech products and processes.
Travis Wood, Director of INCON, commented, “This milestone achievement is a first for both INCON and FranklinElectric, and a testament to the relentless hard work and dedication of our engineers. One of the primary functions of our newly developed OPTIMIZER3 is to monitor the SF6 gas pressure in high voltage circuit breakers. While SF6 gas is an excellent electrical insulator, it is also one of the most potent greenhouse gases. This breakthrough innovation will help transform the electric utility landscape, granting utilities access to real-time information and ultimately reducing SF6 emissions.”
Innovation is one of the five core values at Franklin Electric. We evaluate and develop new technologies into our existing products, services, and processes to continuously improve the customer experience. We strive to be a complete solutions provider and our drive to innovate is at the core of what we do.
INCON specializes in advanced remote monitoring solutions for high voltage circuit breakers in substations, load tap changers found on large power transformers, distribution transformers, overhead and underground distribution lines, and other hard-to-reach assets.
Pictured (left to right): Travis Wood (Director, INCON) & Randy Boucher (Director, Engineering)
On August 1st 2016, INCON was nominated as a finalist for the 2016 R&D 100 Awards for its new circuit breaker monitor, the OPTIMIZER3.
These prestigious "Oscars of Invention" honor the latest and best innovations and identify the top technology products of the past year. Since 1963, the R&D 100 Awards have identified revolutionary technologies introduced to the market. This year's R&D 100 Winners will be announced at the annual black-tie awards dinner on November 3rd at the Gaylord National Resort & Convention Center in Washington, D.C. This is a first for both INCON and its parent company, Franklin Electric.
Whitepaper: New Method for Drying SF6 Insulated Substation Assets
July, 12 2016 Franklin Electric Co., Inc. (NASDAQ:FELE) announced today that it has completed the purchase of the assets of GridSense Inc., a Colorado corporation, specializing in advanced remote monitoring solutions for distribution transformers, overhead and underground distribution lines, and other hard-to-reach assets. GridSense products will now be sold through INCON Power Reliability Systems (PRS), a wholly owned subsidiary of Franklin Electric.
Travis Wood, INCON Director, commented:
"GridSense products are adaptive and easily retrofit to legacy assets. This niche is very familiar to us and fits with our mission. In addition to expanding our monitoring offering within our core utility substation markets, the product range gives us access downstream toward the end customer where there is excellent growth potential over the next several years."
INCON specializes in advanced remote monitoring solutions for high voltage circuit breakers in substations and load tap changers found on large power transformers.
The 2015 Governor's Award for Environmental Excellence will be presented by the Governor and the Acting Commissioner in a ceremony at INCON offices in Saco. INCON was founded in 1978 and is currently the leading developer and manufacturer of intelligent online monitors for the power utility, hydroelectric and industrial markets. The company's engineers have designed a monitor that detects leaks of SF6 (the most potent greenhouse gas) far earlier than any existing systems. This innovation will help protect the environment not only in the United States, but also on a global scale.
The Governor's Environmental Excellence Award program was created to honor businesses, not-for profit organizations, public entities and new ventures for their extraordinary efforts to protect and improve Maine's environment.