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NxtPhase
NxtPhase develops, manufactures, and markets optical sensor and digital solutions for the electric power industry
About NxtPhase
NxtPhase T&D Corporation operates in the high-voltage electric power sector, providing specialized digital and optical solutions to manage the electrical grid. The company develops, manufactures, and markets optical sensors along with digital protection and recording systems. These products are engineered to offer more precise digital information, a wider dynamic range, and improved safety compared to conventional technologies in the electric power industry.
The firm's core offerings include digital relays, recorders, and fiber optic solutions. These technologies are designed to enhance the reliability of the power system. The company's optical current and voltage sensing products aim to deliver significant environmental benefits over older methods.
Headquartered in Vancouver, Canada, NxtPhase T&D Corporation has maintained both sales and manufacturing operations in the U.S. and Canada. Historically, the company was a privately held, venture-funded firm. It entered into an acquisition agreement with Beacon Power Corporation, a publicly traded Massachusetts company, but this arrangement was later terminated, allowing NxtPhase to continue its operations independently. According to PitchBook data, the company was later acquired or merged with Carmanah Engineering.
Source: Dealroom company dataAt a glance
- Founded
- 1998
- Headquarters
- Vancouver, Canada
- Sector
- Energy
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