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Zurich, Switzerland · Subsidiary of Hitachi (TSE: 6501)
Transformers, HVDC and grid systems
Grid revenue or backlog
$19.8B revenue FY2025; $63.6B backlog (Jun 30, 2026)
as of Nov 2026 · investing.com
Open roles
—
no public job board
Federal awards
$34M
98 grants, contracts, loans
Last private raise
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no Form D on file
SEC filings
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not an SEC filer
Coming up
POLICY45Y / 48E: wind and solar
Construction had to begin by Jul 4, 2026; otherwise the project must be placed in service by Dec 31, 2027. Affects Copper.
+ THESISPOLICYSection 232: wind turbines
Proclamation on wind turbine imports published in the Federal Register Oct 28, 2026; trade press reports it orders negotiations rather than immediate tariffs. Affects Copper.
+ THESISPOLICYSection 232 tariffs on copper, aluminum and steel
50% on the metals, 25–50% on many derivative products, and 15% on certain metal-intensive electrical grid equipment through 2027 (last modified Apr 6, 2026). Affects Copper, Transmission & equipment.
+ THESISFEDERAL AWARDFederal Energy Regulatory Commission contract$294K
Ev & velocity subscription maintenance
usaspending.gov →+ THESISPOLICYSPEED Act (federal permitting reform)
Would narrow NEPA reviews and litigation timelines for energy and infrastructure projects, including transmission. Affects Transmission & equipment.
+ THESISFEDERAL AWARDDepartment of Energy contract$551K
Energy velocity essential and promod maintenance agreement renewal (10/01/2025 - 03/31/2027)
usaspending.gov →+ THESISFEDERAL AWARDDefense Logistics Agency contract$1.1M
8510561019!transformer,power
usaspending.gov →+ THESISFEDERAL AWARDDefense Logistics Agency contract$1.1M
8510561121!transformer,power
usaspending.gov →+ THESISFEDERAL AWARDDepartment of the Air Force contract$7.5M
Pes transformer 7 rewind/repair
usaspending.gov →+ THESISFEDERAL AWARDDepartment of the Army contract$330K
550kv hv bushing style 550w2000vv
usaspending.gov →+ THESISFEDERAL AWARDDepartment of Energy contract$604K
Promod iv and simulation data annual maintenance agreement renewal base year (10/01/2022 - 09/30/2023): $192,724.08 option year 1 (10/01/2023 - 09/30/2024): $209,105.63 option year
usaspending.gov →+ THESISHow it works
Coils wound on an iron core raise voltage for long-distance lines and lower it again near customers. Every new plant and data center needs them, and lead times now run years.
OPEN IN 3D →No public filings, raises or hiring trend to read yet.
Read from SEC 8-Ks (bankruptcy, default, delisting, restatement, impairment, restructuring), cash runway in annual reports, Form D raises and the 30-day hiring trend. A prompt to look closer, not a credit rating.
No public job board on Greenhouse, Lever or Ashby, so hiring isn't tracked for this company yet.
Sources: company job boards (daily), SEC EDGAR, USAspending.gov, and the reviewed technology spreadsheets. Public records only cover US entities, so foreign companies and private firms that don't file will show gaps.
Showing the 15 largest of 98.
Matched recipient: HITACHI ENERGY USA INC.; HITACHI ENERGY USA INC
Policy that applies
2026-11-05 · Value updated
$19.8B revenue FY2025; $63.6B backlog (Jun 30, 2026)was: $19.8B revenue FY2025; $57.9B backlogNot an SEC filer, or no US entity matched. Most private and foreign companies don't file.