Nexans and U.S. utility invest in French company using AI-powered grid analysis

Nexans has taken a minority stake in French AI start-up Sensewaves, investing alongside American Electric Power to accelerate deployment and global expansion of Sensewavesโ€™ Adaptix.Grid platform, which unifies fragmented utility data to deliver real-time LV and MV grid visibility, optimization, and situational awareness across the full grid lifecycle.

Nexans (https://www.nexans.com) and American Electric Power (AEP) (https://www.aep.com) made a strategic minority investment in French AI startโ€‘up Sensewaves (https://www.sensewaves.io). The partnership supports Sensewavesโ€™ growth and advances AIโ€‘powered grid digitalization for utilities worldwide.

Founded in 2015, Sensewaves focuses on AI analytics for power grids through its Adaptix.Grid platform. Adaptix.Grid unifies data from different utility systems and provides realโ€‘time visibility across lowโ€‘ and mediumโ€‘voltage networks, even with incomplete or uneven data. The platform supports optimization from planning through realโ€‘time operations and maintenance.

The new funding helps Sensewaves grow faster, speed up Adaptix.Grid deployments, and expand into new markets. The investment strengthens R&D, product development, and business teams so Sensewaves can deliver AIโ€‘based grid solutions in more regions. Utilities gain a fullโ€‘service solution to modernize networks, integrate renewables, and support electric vehicle infrastructure.

Sensewaves CEO Fivos Maniatakos highlights Nexansโ€™ strength in cables and turnkey systems and AEPโ€™s experience as a grid operator. He states that the collaboration positions Sensewaves as a strong provider of smart, scalable grid management solutions for utilities in the energy transition.

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