Safran: acquires start-up Neelogy
(CercleFinance.com) - Safran Electrical & Power announces the acquisition of Neelogy, a French start-up “that has developed a disruptive technology for electrical current sensors that are tailored to the needs of the more electric aircraft, as well as hybrid and totally electric propulsion”.
The patented Neel Effect® sensor technology makes it possible to measure high intensity direct currents over a wide range of intensities without overheating, meeting the growing needs of aeronautics in terms of electrical power management.
“We are delighted with this purchase and have high expectations because Neelogy's technology is really unique and will bring real added value to our electrical systems”, declared Alain Sauret, President of Safran Electrical & Power.
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