Switzerland-headquartered electrical engineering firm ABB has agreed to acquire French power electronics firm BrightLoop to accelerate its electrification strategy for industrial off-highway vehicles and marine vessels.
The acquisition will expand ABB’s capabilities in delivering compact, rugged and intelligent power conversion systems tailored for construction and mining equipment, electric ferries and offshore vessels.
BrightLoop offers a range of compact and scalable high- and low-voltage DC-DC converters designed to handle bidirectional power flows efficiently. BrightLoop’s technology was originally developed for the high-performance demands of motorsports and is currently featured in all cars on the ABB FIA Formula E grid. It has since been adopted in the off-highway transportation, marine, aerospace, hydrogen mobility and defense sectors.
BrightLoop’s converters are built to perform in harsh environments where space, weight and reliability are critical, making them especially well-suited for electrifying industrial vehicles and marine vessels, according to the company. BrightLoop’s power electronics leverage advanced semiconductor technologies such as silicon carbide and gallium nitride.
The integration of BrightLoop’s technology and team will enable ABB to expand its serviceable installed base, enhance its digital capabilities and accelerate innovation across its electrification portfolio, the company said.
“This acquisition is a strategic leap forward in our mission to help transport industries operate leaner and cleaner,” said Edgar Keller, President of ABB’s Traction division. “BrightLoop’s software-defined power platform and expertise in high-performance applications will allow us to deliver even more value to our customers as they transition to cleaner, smarter energy systems.”
Source: ABB
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