Electriq Power Selects Sierra Wireless IoT Solutions to Transform the Smart Home Battery Market
January 29 2020 - 9:00AM
Electriq Power (“Electriq”), a developer of intelligent and
integrated home energy storage, management, and monitoring
solutions, today announced at the DISTRIBUTECH conference that it
has signed an agreement for IoT solutions from Sierra Wireless, the
leading IoT solutions provider that combines devices, network
services, and software to unlock value in the connected economy.
Under the agreement, Electriq Power will integrate Sierra
Wireless’s small, rugged FX30 Programmable IoT gateway with LPWA
connectivity services into its PowerPod smart home battery systems.
These wireless IoT solutions will provide Electriq Power with the
secure, reliable and global connectivity it needs to deploy and
manage intelligent energy storage applications on its PowerPods.
With these IoT applications, installers can quickly set up new
PowerPods, homeowners can optimize their PowerPods to meet specific
power use and backup needs, and utilities can use PowerPods for
demand response and other grid services that lower their costs,
increase grid stability and improve customer engagement.
“Electriq has established itself as a very high value choice
based on our flexibility to deliver both retrofit and new solar
installations, our PowerPod system’s well-designed look and feel,
and forward-looking software applications,” said Frank Magnotti,
CEO of Electriq. “We’re very pleased to team up with Sierra
Wireless for secure and seamless network connectivity that
simplifies the installation and use of our PowerPods for partners
and customers, making these systems an even better value.”
Simplifying Connectivity for Intelligent Energy
StorageElectriq’s PowerPod functions with an Internet
connection to receive software updates from Electriq’s cloud-based
IT systems; to communicate with the company’s mobile and web apps
for energy monitoring and management; and to connect to partner
utilities’ IT systems, making a simple, reliable connection
essential for premium performance.
Sierra Wireless FX30 IoT gateway and its connectivity services
use cellular LPWA networks to connect the PowerPods to these IT
systems and apps, avoiding the need to set up a less dependable
Wi-Fi connection or a difficult-to-install Ethernet connection. In
addition, LPWA provides better connectivity than other cellular
technologies in buildings and underground spaces, where many
PowerPods are installed.
By utilizing Sierra Wireless’s IoT solutions, PowerPod
installers no longer need to connect to the customer’s home
internet via Wi-Fi or an Ethernet cable, making PowerPod
installation easier and more efficient. Homeowners’ connectivity is
also simplified, as they no longer have to worry about a lost Wi-Fi
connection or disconnected cable preventing them from monitoring or
managing their PowerPod.
Using Sierra Wireless’s connectivity services also provides
utilities with the secure, reliable connectivity they need to offer
their customers grid services with strong service level agreements,
while also giving them dependable control of signal transmission to
the PowerPods. This makes it easier for utilities to offer
customers compelling new utility services using PowerPods, while
also simplifying management and updates to these services over
time.
“We are seeing a new industrial revolution take place, with the
deployment of innovative IoT applications that enable consumers and
businesses to monitor, control, and optimize appliances,
manufacturing equipment, transportation assets, and other ‘things’
for the first time,” said Jason Krause, COO, Sierra Wireless.
“Electriq Power is at the forefront of this revolution, with
intelligent IoT applications that change the way that installers,
homeowners, and utilities use home battery systems. By simplifying
the connectivity these IoT applications depend on, our wireless IoT
solutions will help Electriq Power’s partners and customers realize
even more value from their PowerPods and enable Electriq Power
itself to invest more time and resources into developing its next
energy storage innovation.”
The Electriq PowerPod system typically includes an 11 kWh
lithium-ion battery; either a 5.5 kW hybrid DC-coupled or
AC-coupled inverter; the Electriq View (Electriq’s Energy
Monitoring Platform); and a 10-year warranty with daily cycling of
the battery. The PowerPod is modular and expandable up to three
systems with three battery packs per system, giving installers and
homeowners system design flexibility, with up to 16.5 kW of power
and 99 kWh of battery storage.
DISTRIBUTECHElectriq Power is exhibiting at
DISTRIBUTECH in San Antonio from January 28-30, in booth
#717.Sierra Wireless is exhibiting in booth #2137.
About Electriq PowerElectriq Power is an energy
storage company developing hardware and software solutions for the
clean energy space. Based in Silicon Valley, Electriq designs,
engineers and assembles fully-integrated energy management and
storage solutions for homes and small businesses around the
country. The company has systems deployed
in California, Arizona, Puerto
Rico, Massachusetts, Mexico and Canada. Electriq Power is
dedicated to moving the world to a cleaner and more sustainable
energy future. For more information visit www.electriqpower.com or
contact info@electriqpower.com.
About Sierra WirelessSierra Wireless (NASDAQ:
SWIR) (TSX: SW) is the leading IoT solutions provider that combines
devices, network services and software to unlock value in the
connected economy. Companies globally are adopting IoT to improve
operational efficiency, create better customer experiences, improve
their business models and create new revenue streams. Whether it is
an integrated solution to help a business securely connect edge
devices to the cloud, or a software/API service to help manage
processes associated with billions of connected assets, or a
platform to extract real-time data to make the best business
decisions, Sierra Wireless will work with you to develop the right
industry-specific solution for your next IoT endeavor. Sierra
Wireless has more than 1,300 employees globally and operates
R&D centers in North America, Europe and Asia. For more
information, visit www.sierrawireless.com.
Press Contacts:Eugene HuntTrevi Communications
for Electriq Powergene@trevicomm.com +1-978-750-0333 x.101
Kim HomeniukSierra Wireless Media
Relationspr@sierrawireless.com+1 604 233 8028
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f872929-1aa6-407f-a5b5-3066207e393a
https://www.globenewswire.com/NewsRoom/AttachmentNg/0742b4af-8421-4204-964f-5a571fc57883
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