AtomPower Announces Siemens Investment

Good news for PowerAmerica member Atom Power – the Charlotte-based startup recently announced it has secured an equity investment from Siemens, a large producer of energy-efficient technologies. Read the full story about the announcement here.

Atom Power has developed what it claims to be “the world’s fastest circuit breaker,” using silicon carbide technology, effectively eliminating arc flash and short circuit malfunctions and making electricity safer.  PowerAmerica funding provided the financial means for the company to develop and demonstrate larger amperage and higher voltage products. The circuit breaker is one of the first commercially viable, solid-state circuit breakers for commercial and industrial building markets.