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mPrest and Vector partner, expand missile-tech to smart grid IoT

mPrest, a control systems experts is partnering with Vector, an electricity and gas utility based in New Zealand, adding its Distributed Energy Resource Management System (DERMS) software to its network. Vector has also made a significant investment in mPrest, and will also now act as a reseller of its services in the Oceania region. mPrest is already working with utilities in the US on its DERMS platform but this partnership expands its reach into Oceania and the South Pacific for its DERMS platform. mPrest is perhaps best known for its work on Israel’s Iron Dome defense system, that is used to intercept short range artillery. The system operates autonomously, taking in data from multiple sources to build what the company…

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