The Israeli company mPrest, the software co-developer for Iron Dome’s anti-missile tech, announced its plans on Tuesday to expand in the European utility market. The firm’s monitoring and control systems are already deployed in a number of utility plants across New York state.
The Petah Tikva-based company, a global provider of mission-critical monitoring, control and big data analytics software, said in a statement that it is set to launch in Europe by “focusing on developing strategic partnerships with key partners and utilities and implementing the vision of assisting utilities to achieve innovative business models while supporting renewable energy and demand response initiatives.”
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“The European utility market is a forward-thinking, fast-growing market with savvy consumers who demand smarter, greener energy,” Ron Halpern, chief commercial officer at mPrest, said in the statement. “Europe has always been quick to adopt alternative energy resources and integrate advanced technologies to future-proof the utility industry, and mPrest is looking forward to playing a part in the European market’s transformation, as we already are in other global markets.”