According to filings with the U.S. Securities and Exchange Commission, SmartKable Power Line Solutions is raising $8,875,000.00 in new funding. Sources indicate that as part of senior management President, Doug Hirsh played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SmartKable Power Line Solutions
The Line Ranger network from SmartKable Powerline Solutions leverages AI software (Line Analyzer) with proprietary sensors on the powerlines (Line Rangers) to, for the first time, measure and communicate accurate, real-time data within transmission and distribution lines, substations and renewable energy sources. The Line Ranger network from SmartKable Powerline Solutions, through a patented capability, is the first to measure line voltage, current and related parameters right on the line in real time. This opens up many valuable use cases. For distribution and transmission, it can identify, track and trace losses in substations and feeders, separate commercial from technical losses, enable dynamic line rating and predict the remaining lifetime of powerlines. For renewables such as wind and solar, it can enable phase, load and frequency balancing to lower the cost of the power, extend equipment lifetime and ensure power quality. In fire-prone areas, it can assist in the prevention and mitigation of powerline ignition events.

To learn more about SmartKable Power Line Solutions, visit http://www.smartkable-power.com/

Contact:
Doug Hirsh, President
917-685-2376

SOURCE: http://www.intelligence360.io
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