CEI - Camber Energy gets another patent for its broken conductor protection technology
2024-05-01 08:45:45 ET
- Camber Energy ( NYSE: CEI ) on Wednesday said the U.S. Patent and Trademark Office issued a patent entitled "Electric Transmission Line Ground Fault Prevention Systems Using Multi-Parameter Monitoring," which is part of the company's portfolio of intellectual property.
- The company's broken conductor protection technology detects a break or a coupling failure in a transmission line, and immediately de-energizes the line before it reaches the ground.
- The new patent was issued to Viking Protection Systems, a majority-owned subsidiary of Camber's wholly-owned subsidiary, Viking Energy Group.
- CEI +2.49% premarket to $0.1688
- Source: Press Release