- Business
- Smart Wires Technology Ltd. operates globally within the power sector, specializing in advanced transmission grid technologies. The company delivers and deploys modular power flow control devices to utility companies, designed to optimize the transfer capacity of electricity grids. Its flagship offering, SmartValve™, is a cutting-edge, single-phase, modular static synchronous series compensator that digitally manages power flow to alleviate grid congestion. Smart Wires also provides comprehensive advisory and software services, including SUMO dynamic line rating technology, which identifies untapped grid capacity. Serving a broad clientele of transmission owners, primarily electric utilities and system operators across the Americas, Europe, and Asia-Pacific, the company works to enhance grid flexibility, reliability, and affordability. Founded in 2010, Smart Wires is headquartered in Durham, North Carolina, and recently secured $65 million in growth capital in 2025 to accelerate its global operations.