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Eaton Corporation
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Global diversified power management company

Founded in 1911
Founded in

Company type Public Public (ETN)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Cleveland, OH Cleveland, United States
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Updated by Sunena Gupta at on 06/07/2024

Edited by Cleantech Group on 10/04/2024

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Date Company
07/03/2013

NASCAR NASCAR

NASCAR has entered into a multi-year agreement with Eaton under which Eaton will install its 20 Level 2 electric vehicle (EV) charging stations at NASCAR offices in Daytona Beach, Charlotte and Concord.

Confirmed by NASCAR

Partnerships
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Date Partner Type
02/16/2022
LG Electronics LG Electronics
Eaton will incorporate its smart breakers and EV chargers with LG's ThinQ Energy mobile app to simplify load management in the home.
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Confirmed by LG Electronics
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
04/19/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funds will be used to increase manufacturing capacity for three-phase transformers used for utility power grids, data centers, and other large commercial and industrial applications
Grant $1,330,000
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