Welcome to our dedicated page for Landis Gyr Group news (Ticker: LDGYY), a resource for investors and traders seeking the latest updates and insights on Landis Gyr Group stock.
Landis+Gyr reports developments in integrated energy management solutions for utilities and grid operators. Company news commonly covers advanced metering infrastructure, grid edge sensing, energy data analytics, and software and services used for smart grid and infrastructure management.
Recurring updates include utility contracts for Gridstream Connect, Revelo grid sensors, cellular and RF Mesh IP communications, Wi-SUN network equipment, and partnerships that extend grid edge intelligence into homes, distributed energy resources, and critical infrastructure networks. News also covers product certifications, open-standard interoperability, cybersecurity and network-performance validation, and deployments that support outage response, energy information access, distribution automation, and two-way power-flow management.
Landis+Gyr Technology Inc. has partnered with AES Ohio to implement a comprehensive grid modernization initiative. This includes the installation of approximately 500,000 smart meters and the deployment of the Gridstream® Connect IoT platform, enhancing both grid management and customer engagement. The project will leverage Landis+Gyr's cloud services and Vodafone Business IoT for coverage across AES Ohio's service area. This initiative marks a significant investment in smart energy applications to improve system resiliency and customer service.
Landis+Gyr will host the 2021 Exchange User Conference from May 11-13, marking its 15th anniversary and first all-virtual format. The event aims to tackle energy management challenges faced by utilities, with over 1,000 participants from 260 companies and 18 countries. Key discussions include the impact of electrification and clean energy mandates on utilities, innovation in collaboration with Google, and strategies for navigating change. The conference will feature 25 sessions, technology forums, and networking opportunities to foster collaboration and knowledge sharing among industry experts.
On March 31, 2021, Landis+Gyr announced a contract with Puget Sound Energy (PSE) to enhance PSE's smart grid capabilities by adding street light control systems. Over the next five years, PSE plans to deploy 25,000 smart street light controllers using Landis+Gyr's Gridstream® AMI network. These controllers will allow for energy-efficient lighting control and metered billing. The software managing these systems will be hosted by Landis+Gyr, providing PSE with tools to monitor and optimize energy consumption.
Landis+Gyr has been selected by Polk-Burnett Electric Cooperative to implement new smart grid and metering technology as part of an advanced grid initiative. This two-year project will replace the existing metering system with Landis+Gyr's Gridstream® RF Mesh Network, deploying over 26,000 advanced meters. The cooperative aims to improve reliability and energy efficiency for its 21,000+ members. The implementation will enhance outage management, customer service, and resource planning through effective energy data sharing.
Landis+Gyr Technology Inc. and Evergy Inc. have signed a significant 13-year contract to extend their smart grid services agreement, which will enhance grid management capabilities with advanced meter installations across Kansas. This agreement, effective until 2034, allows Landis+Gyr to provide continued AMI software hosting and field maintenance. Evergy aims to improve efficiency and reliability in their grid operations, contributing to their transition towards clean energy solutions. Evergy serves approximately 1.6 million customers in Kansas and Missouri.
Landis+Gyr and Vodafone Business announced a strategic partnership to enhance energy management solutions using IoT technology. This collaboration allows Landis+Gyr customers to utilize the Gridstream® Connect solution across 400 networks in 180 countries. The agreement features low-power wide-area (LPWA) technology and seamless transition to 5G networks. Landis+Gyr reported sales of USD 1.7 billion with a global workforce of approximately 5,800. The partnership aims to improve deployment speed and support the integration of renewable energy, ultimately promoting sustainability in the utilities sector.