Itron

Itron, Inc. (Nasdaq: ITRI) is a global technology company that provides innovative solutions for energy and water resource management. Founded in 1977 and headquartered in Liberty Lake, Washington, Itron offers a comprehensive portfolio of products and services including smart meters, software, services, and communications technology to utilities and cities in over 100 countries. The company went public in 1993 and reported annual revenue of USD 2.2 billion for the fiscal year 2023.

Itron's product offerings include:

• Smart electricity meters for residential and commercial/industrial customers

• Smart gas meters, including the Intelis ultrasonic smart gas meter

• Smart water meters for improved water conservation and management

• Advanced metering infrastructure (AMI) solutions

• Distribution automation systems for electrical grids

• Data analytics and management software platforms

• Demand response and consumer engagement solutions

Itron has made significant strides in expanding its capabilities and market presence in recent years. In February 2024, the company announced a collaboration with Software AG to enhance its IoT device management capabilities using the Lightweight M2M (LwM2M) protocol. Itron has also been actively deploying its solutions globally, including a smart water metering project in Singapore involving 300,000 meters. The company's Intelis smart gas meter reached a milestone of 1 million units shipped in May 2023. Itron remains committed to sustainability, having achieved its initial goal of reducing owned carbon emissions by 50% in 2023, five years ahead of its 2028 target.