Eaton (ETN) Charges Ahead with Grid Modernization in Resilient Power Deal

Eaton Corporation, PLC (NYSE:ETN) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Eaton Corporation, PLC (NYSE: ETN) announced on Tuesday that it has signed an agreement to acquire Resilient Power Systems Inc., a Texas-based developer of solid-state transformer technology used in high-power direct current (DC) applications. The deal, expected to close in the third quarter of 2025, will strengthen Eaton’s footprint in electrification and grid modernization.

Eaton Charges Ahead with Grid Modernization in Resilient Power Deal

A technician standing in the middle of a power station, inspecting a power distribution system.

Resilient Power is known for its ultra-compact EV charging depots, which connect directly to the existing grid, allowing for faster and more efficient deployment of electric vehicle infrastructure. Backed by venture capital groups including Energy Transition Ventures, the company’s solutions are already enabling quicker rollouts for EV fleets and public charging networks.

Eaton Corporation, PLC (NYSE:ETN) sees broader potential for Resilient’s technology in future applications, including high-density data centers, port electrification, and battery energy storage systems. Mike Yelton, president of Eaton’s Americas Region Electrical Sector, said the acquisition would combine Resilient’s innovation with Eaton’s global scale, unlocking new efficiencies for customers aiming to improve power distribution reliability.

The acquisition aligns with Eaton’s strategy to accelerate the transition to more efficient, digitized power systems and expand its industrial automation capabilities. The move also highlights growing demand for modular, software-driven power distribution across critical infrastructure sectors.

Eaton automates industrial power systems through smart circuit protection, energy distribution, and grid technologies essential to electrification, EV charging, and infrastructure.

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Disclosure: None. This article is originally published at Insider Monkey.