Chumm, Switzerland, and Alpha Lita, Georgia, USA, October 26th / PRNewswire / -- Landis + Gyr Group AG ( SIX : LAND ) Today, it was announced that a significant contract has been signed with a leading American investor-owned electric utility company. This agreement covers over 3 million advanced metering terminals.

According to the agreement, Landis + Gyr will provide Revelo electric meters, as well as related network and master station system technologies, along with advanced security solutions, high-quality support, and software maintenance and services. This deployment is expected to contribute to the modernization goals of the utility company's power grid by enhancing security, grid visualization capabilities, and operational performance.

Landis + Gyr CEO Peter Mainz stated: "This important victory reflects the strong momentum of our Grid Edge Intelligence product portfolio and also demonstrates customers' trust in Landis + Gyr to support large-scale power grid modernization projects. By combining advanced metering, integrated technologies, security, and support capabilities, we look forward to helping this utility company enhance the visibility, reliability, and operational performance of its power grid."

Regarding Landis + Gyr

Landis + Gyr is a global leader in energy technology, providing intelligent solutions that connect devices, data, and decision-making within power grids. The company is trusted by over 2,000 utility companies worldwide, transforming traditional equipment into smart, networked sensors that offer real-time grid visualization and system control to these utilities. With these comprehensive insights, power, gas, and water companies can predict demand, optimize operations, and provide everyone with more reliable, resilient, accessible, safe, and sustainable energy.