AMETEK Programmable Power Wins Innovation Award for Mi-BEAM Bidirectional DC Product Series

AMETEK Programmable Power, a market-leading manufacturer of programmable AC and DC power systems, has been honored with this year's Innovation Award for its Mi-BEAM Bidirectional DC Product Series. This advanced solution is engineered to test and simulate complex, high-power electronics used in energy generation, grid modernization, energy storage, and demanding applications across automotive, industrial, and aerospace sectors. Mi-BEAM's modular, regenerative design enables precise control and efficient performance, helping customers accelerate development while improving safety and sustainability. The award recognizes the team's global collaboration and customer-focused innovation that shaped this transformative technology.

"On behalf of AMETEK, I'd like to extend my congratulations to Programmable Power for winning this year's Innovation Award. The development of the Mi-BEAM Series is a result of teamwork and innovation. The collaborative, global mindset shared by our colleagues continues to spark transformative ideas and shape the future. Thank you to all nominees for their commitment to innovation," said David A. Zapico, AMETEK Chairman & CEO.

Established in 2019, the Innovation Award recognizes AMETEK businesses' efforts to develop and advance next generation technology, products, and solutions for the niche markets served and celebrates the most innovative product developments from across the company.

"Receiving the Innovation Award is a proud moment that reflects the power of global teamwork," said Sam Hughes, Vice President – Business Unit Manager for AMETEK Programmable Power. "The Mi-BEAM Series was brought to life through close collaboration between our India and U.S. teams, combining engineering expertise and customer feedback to deliver a truly innovative solution for complex, high-power testing applications."

The Challenge

How does the manufacturer of a rechargeable battery know that it will safely and quickly charge? That's a challenge that Programmable Power's Mi-BEAM Product Series helps their customers solve.

To design this technology, Programmable Power utilized the New Product Development process using a cross-functional, international team with members from the United States and India. They incorporated customer feedback and followed Value Analysis/Value Engineering processes, which optimize cost and performance. The team also created common sub-assemblies to reduce costs and simplify manufacturing.

The Results

The Mi-BEAM Product Series tests and simulates batteries and solar power systems to help Programmable Power's customers determine faster voltage and current rise times, improved safety, and decreased carbon footprint.

Mi-BEAM technology also features integrated software for battery and solar panel simulation and an overall reduced system size by over 50%. With its enhanced ease of use, Programmable Power saw an increase in organic growth driven by demand for all-in-one instruments for battery applications.

The business's leadership and customer-driven approach to innovation ensured that they responded to customer needs—and then exceeded expectations.

About AMETEK Programmable Power

Headquartered in San Diego, CA, AMETEK Programmable Power is a leading designer and manufacturer of precision programmable AC and DC power supplies, electronic loads, power subsystems, and compliance test solutions. Its products are marketed under the trusted Sorensen, Elgar, and California Instruments brands and serve a wide range of industries including semiconductor, aerospace, automotive, energy, and industrial automation. The business also includes VTI Instruments, which provides high-performance modular instrumentation and systems for data acquisition and signal monitoring in demanding test environments. Together, AMETEK Programmable Power and VTI Instruments deliver innovative, reliable solutions that enable customers to meet complex testing and power requirements with confidence. For more information, visit - www.programmablepower.com.

About AMETEK

AMETEK (NYSE:AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit - www.ametek.com.

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For further information, contact:

Lyndsay Swann

Tel: 858.568.6347

E-mail: [email protected]

Website: www.programmablepower.com