ABB, a multinational electrical engineering corporation, has announced its acquisition of BrightLoop, a French pioneer in advanced power electronics.
The move is a step in ABB’s strategy to accelerate electrification across marine propulsion, mining and industrial mobility.
Founded in 2010, BrightLoop has built a strong reputation for its DC-DC converters, originally developed for motorsport and now used in every car on the ABB FIA Formula E grid.
Its modular, software-defined converters are said to deliver compact, high-efficiency power for tough environments, and are now being deployed in marine and other sectors such as construction, aerospace and defense, where reliability, space and weight are critical to performance.
Edgar Keller, president of ABB’s Traction division, said, “We’re very pleased to have successfully completed the acquisition of BrightLoop. It’s a significant milestone that strengthens our position in the electrification space and brings valuable expertise into ABB as we continue to support the transition to cleaner, more efficient transport systems.”
Florent Liffran, CEO of BrightLoop, added, “This is an exciting new chapter for BrightLoop and our 90 employees. With ABB’s global scale and shared commitment to innovation, we’re looking forward to accelerating our growth and continuing to deliver cutting-edge power electronics to the industries that need them most.”
In related news, Green Navy and Seco Marine have agreed a partnership to develop electro-hydrogen propulsion systems