Key Takeaways
- Eaton plans to acquire Resilient Power Systems, a developer of solid-state transformer technology.
- Resilient’s solutions enable ultra-compact EV charging connected to distribution grids for faster deployment.
- The acquisition is expected to finalize in the third quarter of 2025.
Acquisition Announcement
Eaton, a leader in intelligent power management, has announced its intention to acquire Resilient Power Systems. Based in Austin, Texas, Resilient specializes in energy solutions, particularly solid-state transformer technology. This acquisition will enhance Eaton’s offerings in the rapidly evolving electric vehicle (EV) market.
Resilient Power Systems has garnered support from prominent venture capital firms, including Energy Transition Ventures. The company’s innovative products include ultra-compact EV charging depots, which directly connect to existing distribution grids. This design allows clients to implement EV fleets and public charging stations efficiently and quickly, addressing the growing demand for sustainable transportation infrastructure.
The deal, which is slated for completion in the third quarter of 2025, reflects Eaton’s strategic focus on advancing technologies in the energy sector. Mike Yelton, President of Eaton’s Americas Region in the Electrical Sector, highlighted Resilient’s medium-voltage solid-state transformers as a significant innovation in high-power direct current applications within the EV market. Yelton noted the substantial potential for future applications, including data centers, port electrification, and battery energy storage systems.
This acquisition marks a critical step for Eaton as it seeks to strengthen its position in the energy solutions market, particularly in the context of increasing electrification and the shift towards renewable energy sources. By integrating Resilient’s cutting-edge technology, Eaton is poised to play a pivotal role in shaping the future landscape of energy management and EV infrastructure.
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