Company Information

Part
01
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Part
01

Company Information - Athena Power

The requested information for Athena Power has been provided in Row 3 of the attached spreadsheet.

Overview

  • Athena Power Inc is a DC-Baltimore based "smart sensing and data analytic company focused on critical power infrastructure modernization"
  • CEO Raj Lakhiani established Athena Power Inc in 2014.
  • Athena Power revenues are estimated to be around $18 million. According to the CEO, 2019 revenues doubled 2018 revenues. The company has approximately 90 employees.
  • Athena's customers include Duke Energy, Exelon Corp, NextEra Energy, and recently DTE Energy, BGE, ComEd, and Southern California Edison, all in the USA.

Research strategy

Athena Power's web page remained inaccessible during our research. The research team had to source for information from news articles and company databases such as ZoomInfo. Preliminary investigations revealed that Athena Power is relatively nascent, having been established less than ten years ago. From the sources we gathered, the company had only one business location in Washington, DC. We did not find any evidence of a second location for manufacturing or any other purposes from the press search that we conducted and from Athena's Twitter page. From the news articles on Athena, social media posts, and video of pitches available on YouTube, we were unable to find information on the square footage of Athena's only location.
We found a useful but outdated source that revealed Athena's customers. We noted that the companies mentioned in the source are located in the US. A recent clip dating in 2019, where Lakhiani pitched Athena, revealed the company's focus on the US.
Part
02
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Part
02

Company Information - Power Delivery Products

Information regarding Power Delivery Products Inc. has been provided in row 4 of the attached spreadsheet. Below is a summary of the key findings.

Summary of Findings

Research Strategy

While we found most of the information, we did not find any on the square footage of the company’s offices. We looked through the company website but did not find relevant information. In addition, we attempted to search for the company’s annual reports but to no avail. We also searched for the information using third-party aggregator sites such as OpenCorporates and ZoomInfo but these websites did not have information about the square footage of the company’s offices. For these reasons, we concluded that the information is not available in the public domain.
Part
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Part
03

Company Information - McLean Power Systems

MacLean Power Systems' headquarters are located in Fort Mill, South Carolina; it also serves as a service center. We have entered all the requested information about McLean Power Systems in row 5 of the attached spreadsheet.
  • The company has manufacturing facilities in the USA, Canada, Brazil, and Thailand. Additionally, the company also has office locations in China and New Zealand. MacLean Power Systems has about seven production facilities located in the US.
  • According to Zoominfo, the annual revenue earned by McLean Power Systems in 2019 was $194 million, and it employs about 1000 people.
  • MacLean Power Systems' official website highlights that it has sales representatives in the USA and Canada. According to export market portals like INMR Buyers Guide, some of the foreign markets where the company has a sales presence include Australia, Thailand, New Zealand, China, and Brasil.
  • The foundry located in Alabaster, Alabama, currently sits on 22 acres and employs about 90 employees.

Research Strategy

As requested, we have provided a detailed company profile for McLean Power Systems. We were unable to find the square footage of each of the listed facilities or the total square footage of all facilities. For finding this piece of information, we searched through the parent company's official documents, McLean Power Systems' company archives (news and press releases), and industry publications.

First, we combed through the official documents released by MacLean-Fogg, the parent company of McLean Power Systems. Most of the information shared by MacLean-Fogg about McLean Power Systems was related to the locations that the company is currently serving in, its manufacturing capabilities, and details about its product expertise. During our research, we also found out that the company is privately owned; both companies have not disclosed any details about their operation facilities. Since they are privately owned, we were also unable o find any annual reports or investor documents, which usually contain details about the properties owned and leased by the company.

Next, we also searched through the company archives; we were hoping to find mentions about the square footage of the individual facilities owned by the company. With this research approach, we were only able to locate one press release that provided details about MacLean's Alabaster facility. No other relevant press releases were found.

We also searched through industry publications like TDWorld, Utility Magazine, Power Grid International to find information related to the manufacturing facilities owned by the company. We were hoping to find mentions about individual facilities and their square footage; however, no industry publications provided information about any of the facilities owned by the company.
Part
04
of seven
Part
04

Company Information - SolarEdge

Solar Edge was founded in 2006. It is headquartered in Israel. In row 6 of the project spreadsheet, all requested information for the company Solar Edge has been provided.

Solar Edge

  • Solar Edge employs over 2,400 people across its offices worldwide.
  • At the end of its 2019 fiscal year, the company generated more than $1.4 billion in sales revenue.
  • The company owns and operates 17 facilities located across Asia, Europe, and North America.
  • Types of facilities operated by the company include offices, testing, product design, sales, support, R&D, and lab space facilities.
  • Solar Edge has a total square footage of 732,700 in leased and owned facilities. To arrive at this figure, we simply calculated the aggregated square footage figures presented by the company in its 2019 annual report.
  • 267,000 sq ft of leased office, testing and product design facilities in Israel, 186,400 sq ft of leased office, sales, support and lab facilities in the US, Europe, and Asia, 5,600 sq ft of owned office space in the UK, 212,700 sq ft of owned office and manufacturing facility space in South Korea, 61,000 sq ft of owned office and manufacturing facilities in Italy.
Part
05
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Part
05

Company Information - EnPhase

With its corporate headquarters in Fremont, California, Enphase Energy generated revenue of $624.33 million in 2019 and has 577 employees. Details of the company are available in row 7 of the attached spreadsheet.

Enphase Energy

  • Enphase Energy was founded in 2006.
  • It generated revenue of $624.33 million in 2019 and has 577 employees.
  • The company's headquarters houses its "executive offices, sales, marketing, operations, finance, and administrative activities." It also occupies office spaces in Petaluma, California, as well as Idaho, China, France, Germany, Netherlands, Australia, New Zealand, and India.
  • Its corporate headquarters occupies 23,000 square feet of space at 47281 Bayside Pkwy., Fremont, California.
  • The company has 13 offices across 8 countries, and has a global sales presence, with its products being deployed in more than 125 countries.

Research Strategy

While we were able to find the square footage of Enphase Energy's headquarters, as available in its annual report, we could not find any information on the area of its other facilities in the report, on its website, as well as via third-party websites, including news reports and press releases that mention its other facilities. The total square footage of all its facilities was also not available via the above approaches.
Part
06
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Part
06

Company Information - ESRI

Esri, a global supplier of web GIS, geographic system software and geodatabase management applications, is headquartered in Redlands, California, United States. The requested information is provided in the attached spreadsheet, row 8, columns B-K.

Select Findings

Research Strategy

The research team was able to provide most of the requested information. However, information regarding Esri's facilities' size was not available. We explored the company's annual report, news releases, among other third-party sources, but this information was not available. The available information is provided briefly above and in the attached spreadsheet.

Part
07
of seven
Part
07

Company Information - Millsoft

Milsoft Utility Solutions is headquartered in 4400 Buffalo Gap Rd, Suite 5150, Abilene, TX 79606. Milsoft acquired Daffron, a utility software firm, in April 2019. Information specific to Milsoft (and its subsidiary) has been provided in the attached spreadsheet.

Summary

  • Milsoft's revenue is unavailable in the public domain; Zoominfo estimates Milsoft and its subsidiary Daffron's revenue to be $15 million and $92 million, respectively.
  • Milsoft was founded in 1989, is headquartered in Abilene, Texas and has 336 (143+193) employees.
  • Milsoft has offices in five locations: "Abilene, TX; Pensacola, FL; Bowling Green, MO; Fayetteville, AR; and Ontario, Canada."
  • The average space per employee is 150 sq.ft. ((125+175)/2) in tech companies. As Milsoft has 336 employees, the total square footage of all facilities is estimated to be 50,400 sq. ft. (336*150).
Sources
Sources