5 June 2014
DSIT Solutions Ltd., an Acorn Energy, Inc. (NASDAQ: ACFN) company, said it has received several follow-on orders for development and production from a number of its customers in Israel.
The total value of these orders is approximately USD3.4m. The projects involve both hardware and embedded software.
DSIT develops and produces sonar applications for the defense, HLS, energy and commercial markets. The company employs a world-class multi-disciplinary team of professionals that are skilled in the latest sonar and real-time technologies. For more information visit www.dsit.co.il.
Acorn Energy, Inc. is a holding company whose four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency. For more information visit http://www.acornenergy.com.