Acorn Energy, Inc. (OTCQB: ACFN) is a provider of remote monitoring and control systems and services for generators, pipelines and other industrial assets through its OmniMetrix subsidiary.
OmniMetrix (https://www.omnimetrix.net)- provides systems that offer wireless remote monitoring and control for standby generators, pipelines, air compressors and other critical equipment. Residential and industrial standby generators as well as turbines, compressors, pumps, pumpjacks, light towers and other industrial equipment are critical infrastructure that’s increasingly becoming monitored within the Internet of Things (IoT) applications. Given that OmniMetrix monitors all major brands of equipment, management believes it is well-positioned to be a competitive participant in this fast growing market. Acorn owns an 80% equity stake in OmniMetrix and consolidates its results of operations