Apr 9 2013
Milbank, an established manufacturing company, and Sentec, a leading provider of smart grid and energy technologies, have today announced a strategic partnership to research and develop new products and business ideas.
Sentec has previously been involved with Milbank in the capacity of product development consultancy, and this takes their business relationship forward to a new model.
Previous developments have included Milbank’s home energy management system, Synap6, as well as other products for for load management and transfer switching.
Lavon R. Winkler, President and CEO at Milbank commented, “Sentec’s innovation and knowledge of the smart grid have enabled us to expand into new markets with ground-breaking new product offerings, and we are keen to further the relationship.”
Mark England, CEO of Sentec, added, “Innovation at Sentec is not just about new technologies. We are also developing new ways of working with our partners and new business models which enable all parties to benefit from both intellectual property and products developed in close collaboration.”
In concert with this partnership, Milbank announces the establishment of its operations in the UK, with offices in Cambridge. Milbank will bring its energy management technology to countries throughout Europe.