Group press release 2022-02-25 Notice of ABB’s Annual General Meeting on March 24, 2022 ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 24, 2022. The invitation can be found attached and at www.abb.com/agm. ABB’s top priority remains protecting the health of its shareholders and employees. Despite the recent relaxation of COVID-19 protection measures, the Board of Directors therefore resolved that shareholders again will
Group press release 2022-02-23 ABB and Ballard reach milestone toward fuel cell-powered marine transport ABB and Ballard are progressing with their industry-leading partnership to decarbonize marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. An AiP is a major milestone in developing new technology as an independent assessment of the concept, confirming that the design is feasible and no significant obstacles exist
Group press release 2022-02-16 ABB secures $30 million order for satellite imaging technology helping detect environmental changes in near real-time ABB has been awarded a contract worth around $30 million by the Canadian data and analytics company EarthDaily Analytics Corp. (EDA) to develop and manufacture next-generation multispectral imaging systems to be placed on 10 satellites (including an in-orbit spare) that will circle the Earth. The order was booked in the first quarter of 2022. Multispectral imaging systems capture data at specific
Press release 2022-02-03 ABB helps utilities protect against wildfires with new Hi-Tech Valiant™ fire mitigation fuse Wildfires in North America burn millions of acres, damage billions of dollars in property, and cause injury and loss of life each year. ABB Installation Products introduces the new Hi-Tech ValiantTM current limiting fuse for fire mitigation. Incorporating over 20 years of field-tested fuse technology, the Hi-Tech Valiant fuse’s special body, unique engagement pin and damage sensor help improve
Group press release 2022-02-03 Q4 2021 results Strong demand, increased earnings and margin support a robust cash flow
Group press release 2022-01-27 ABB acquires controlling interest in InCharge Energy, strengthening its EV charging solutions in the U.S. ABB today announced the acquisition of a controlling stake in electric vehicle (EV) commercial charging infrastructure solutions company InCharge Energy. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering. The transaction is part of ABB
Press release 2022-01-25 Forbes Magazine recognizes ABB as one of Canada’s best employers ABB Canada has been recognized as one of Canada’s top employers by Forbes Magazine, with the company ranked #1 within the industry category of “Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment. "The greatest asset of any organization is its people. While the past year has been challenging in many ways, it has once again demonstrated the strength of our company
Group press release 2022-01-21 “Through technology we’re going to leave a better legacy” – Lucas di Grassi on sustainable development For the first episode of 2022, Brazilian racing driver Lucas di Grassi joins the ABB Decoded podcast. A new ABB ambassador for Season 8, di Grassi talks about more than just his racing success – such as becoming Formula E champion in the series’ third season – to share his views on the benefits of sustainable technology in addressing the climate challenge. Passionate about the power of sport to
Press release 2021-12-15 ABB expands Installation Products plant in Canada ABB is investing CA$16 million in its Installation Products Division manufacturing facility in Pointe-Claire, Canada. This enables expanded production capacity to meet the growing needs of customers from coast to coast. “ABB’s investment is part of a five-year strategy to integrate new digital processes and automation across our operations,” says Matthias Heilmann, President, ABB Installation
Group press release 2021-12-14 ABB global market leadership in Distributed Control Systems confirmed for 22nd consecutive year Since its introduction more than four decades ago, the distributed control system (DCS) – a digital platform for automated control and operation of plants and processes – has been at the core of process and energy industries. As the digital transformation of industry accelerates, the DCS continues to be key to ensuring safe, efficient and reliable operations, enabling the collection and analytics