ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

AMETEK Programmable Power Wins Innovation Award for Mi-BEAM Bidirectional DC Product Series

AMETEK Programmable Power, a market-leading manufacturer of programmable AC and DC power systems, has been honored with this year’s Innovation Award for its Mi-BEAM Bidirectional DC Product Series. This advanced solution is engineered to test and simulate complex, high-power electronics used in energy generation, grid modernization, energy storage, and demanding applications across automotive, industrial, and aerospace sectors. Mi-BEAM’s modular, regenerative design enables precise control and efficient performance, helping customers accelerate development while improving safety and sustainability. The award recognizes the team’s global collaboration and customer-focused innovation that shaped this transformative technology.

“On behalf of AMETEK, I’d like to extend my congratulations to Programmable Power for winning this year’s Innovation Award. The development of the Mi-BEAM Series is a result of teamwork and innovation. The collaborative, global mindset shared by our colleagues continues to spark transformative ideas and shape the future. Thank you to all nominees for their commitment to innovation,” said David A. Zapico, AMETEK Chairman & CEO.

Established in 2019, the Innovation Award recognizes AMETEK businesses’ efforts to develop and advance next generation technology, products, and solutions for the niche markets served and celebrates the most innovative product developments from across the company.

"Receiving the Innovation Award is a proud moment that reflects the power of global teamwork," said Sam Hughes, Vice President – Business Unit Manager for AMETEK Programmable Power. "The Mi-BEAM Series was brought to life through close collaboration between our India and U.S. teams, combining engineering expertise and customer feedback to deliver a truly innovative solution for complex, high-power testing applications."

The Challenge

How does the manufacturer of a rechargeable battery know that it will safely and quickly charge? That’s a challenge that Programmable Power’s Mi-BEAM Product Series helps their customers solve.

To design this technology, Programmable Power utilized the New Product Development process using a cross-functional, international team with members from the United States and India. They incorporated customer feedback and followed Value Analysis/Value Engineering processes, which optimize cost and performance. The team also created common sub-assemblies to reduce costs and simplify manufacturing.

The Results

The Mi-BEAM Product Series tests and simulates batteries and solar power systems to help Programmable Power’s customers determine faster voltage and current rise times, improved safety, and decreased carbon footprint.

Mi-BEAM technology also features integrated software for battery and solar panel simulation and an overall reduced system size by over 50%. With its enhanced ease of use, Programmable Power saw an increase in organic growth driven by demand for all-in-one instruments for battery applications.

The business’s leadership and customer-driven approach to innovation ensured that they responded to customer needs—and then exceeded expectations.

About AMETEK Programmable Power

Headquartered in San Diego, CA, AMETEK Programmable Power is a leading designer and manufacturer of precision programmable AC and DC power supplies, electronic loads, power subsystems, and compliance test solutions. Its products are marketed under the trusted Sorensen, Elgar, and California Instruments brands and serve a wide range of industries including semiconductor, aerospace, automotive, energy, and industrial automation. The business also includes VTI Instruments, which provides high-performance modular instrumentation and systems for data acquisition and signal monitoring in demanding test environments. Together, AMETEK Programmable Power and VTI Instruments deliver innovative, reliable solutions that enable customers to meet complex testing and power requirements with confidence. For more information, visit - www.programmablepower.com.

About AMETEK

AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit - www.ametek.com.

For a high resolution image click here: https://www.brandcepts.com/AMETEK/innovation-award-release-image.png

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.