Acorn Energy Expands Equity Stake in US Sensor Systems

Acorn Energy, Inc. ACFN, today announced it has increased its equity ownership of US Sensor Systems Inc. (USSI) to 51%. The company also has options to increase its stake in USSI up to 84%. Leak, tampering and theft detection has become a multi-billion dollar opportunity around the world. According to the US Pipeline and Hazardous Materials Safety Administration, the US has more than two million miles of installed pipelines and only 100 inspectors to monitor and address problems affecting this aging infrastructure.