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Eaton and SPAN Establish Strategic Partnership to Transform How Power Is Managed in Homes and Further Enable Affordable Electrification

Business

Eaton and SPAN Establish Strategic Partnership to Transform How Power Is Managed in Homes and Further Enable Affordable Electrification
Business

Business

Eaton and SPAN Establish Strategic Partnership to Transform How Power Is Managed in Homes and Further Enable Affordable Electrification

2026-03-09 20:33 Last Updated At:03-10 12:14

CLEVELAND--(BUSINESS WIRE)--Mar 9, 2026--

Intelligent power management company Eaton today announced a strategic partnership with SPAN, a pioneer in smart panel and power controls technology, to further enable affordable home electrification at scale. The companies’ approach to electrification will help save thousands of dollars on new home construction and retrofit projects, while also reducing the amount of power and infrastructure needed from the grid. Eaton invested $75 million in SPAN to power the next phase of the company’s growth and innovation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260309113193/en/

“Energy affordability and electrification require smart energy management,” said Heath Monesmith, president and chief operating officer, Electrical Sector at Eaton. “Working with SPAN, we’re removing barriers to electrification and lowering costs for homeowners, builders and contractors. Eaton is trusted to manage power from the grid to the receptacle, and together we’re expanding flexible and resilient solutions to power homes.”

Eaton will feature SPAN Energy Intelligence TM technology at scale in its new smart panel offer, which will be available through its market-leading distribution, installer and homebuilder networks. The offer delivers energy affordability by decreasing costs for consumers and builders when adopting batteries, electric vehicle (EV) charging and home electrification solutions.

“In order to accelerate the energy transition and deliver impact at scale, we often look to align our fast-paced innovation with established market leaders with a shared vision,” said Arch Rao, founder and CEO of SPAN. “Eaton’s impressive track record in electrical safety and unparalleled distribution reach combined with the SPAN advanced technology platform to modernize home energy infrastructure, forms an enviable foundation for the future of grid-edge intelligence.”

SPAN smart electrical panels will integrate Eaton’s advanced circuit and surge protection technologies for enhanced safety, reliability and control. Both companies’ technologies, including SPAN smart panels and Eaton smart breakers, meet rigorous cybersecurity and safety design standards and are interoperable with energy storage systems and onsite distributed energy resources. Joint solutions are expected to be available in the second quarter of 2026.

About SPAN

About Eaton

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.

Eaton and SPAN establish strategic partnership to tackle rising household energy demand and grid constraints with smart, flexible solutions that further enable affordable home electrification.

Eaton and SPAN establish strategic partnership to tackle rising household energy demand and grid constraints with smart, flexible solutions that further enable affordable home electrification.

CARACAS, Venezuela (AP) — The U.S. military conducted a rapid response exercise involving Marines and military aircraft in Venezuela’s capital Saturday, over four months after the ouster of then-President Nicolás Maduro.

Two Marine Corps Osprey aircraft, which have characteristics of both a helicopter and a fixed-wing airplane, flew over the recently reopened U.S. Embassy in Caracas. They landed in the parking lot with the downdraft blowing tree branches. Forces then descended from the aircraft.

“Ensuring the military’s rapid response capability is a key component of mission readiness, both here in Venezuela and around the world,” the embassy said on Instagram.

Venezuela’s government had announced the drill earlier this week. Foreign Minister Yván Gil said the U.S. would conduct the exercise to prepare “in the event of medical emergencies or catastrophic emergencies.”

The drill comes almost two months after the U.S. formally reopened its embassy in Caracas. The reopening followed the restoration of full diplomatic relations with the South American country after Maduro 's ouster in early January.

Some Caracas residents Saturday gathered near the embassy to watch the aircraft, while a few dozen others gathered elsewhere in the city to protest the exercise. Protesters held a Venezuelan flag with the message “No to the Yankee drill” written over it.

U.S. military aircraft last flew over Caracas on Jan. 3, when elite forces rappelled down from helicopters and captured Maduro and his wife. Both were taken to New York to face drug trafficking charges. They have pleaded not guilty.

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

A soldier looks down from a military aircraft as the U.S. Embassy holds an emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

A soldier looks down from a military aircraft as the U.S. Embassy holds an emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

U.S. Embassy holds emergency and air evacuation drill in Caracas, Venezuela, Saturday, May 23, 2026. (AP Photo/Pedro Mattey)

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