Energy storage partnerships The company is actively expanding in the energy storage ecosystem through partnerships with Gotion, NoMIS Power, and C-Motive Technologies to support battery energy storage systems and related drives, indicating a strong sales opportunity for power semiconductors, SiC devices, and energy storage components.

BESS expansion Joint development of battery energy storage systems in Illinois with Gotion and Richardson Electronics signals demand for modular energy storage solutions, power conversion components, and RF/microwave expertise applied to grid stabilization and storage interfaces.

Public funding leverage Significant tax credits and incentives tied to the La Fox facility redevelopment suggest a favorable environment for capital equipment purchases and manufacturing enhancements, presenting upsell opportunities for capital-intensive equipment, control systems, and value-added services.

Diversified markets Serving healthcare, aviation, energy, industrial, and semiconductor sectors, plus high-value replacement parts and diagnostics support, creates multiple entry points for engineered solutions, tubes, power components, and display solutions across OEMs and service channels.

Strategic partnerships Recent collaborations with C-Motive Technologies and NoMIS Power point to a push toward innovative motor drives and SiC power electronics, presenting opportunities to cross-sell RF/microwave components, power semiconductors, and customized display or monitoring solutions to new and existing partners.