FirmLens
Sign in
Heimdall Power

Heimdall Power

Heimdall Power AS

Oslo, Norway

Energy StoragePrivate
Founded 2016200-500 employees
Profile last updated: May 2, 2026

About

Founded in 2016, Heimdall Power is a private headquartered in Oslo, Norway with approximately 200-500 employees specializing in Energy Storage.

Founded in Norway in 2016, Heimdall Power is a global technology company that transforms power grids through advanced sensors and software. The company's flagship product, the Neuron, is a multi-sensor IoT device deployed on overhead transmission and distribution lines to measure real-time environmental and conductor conditions including temperature, wind speed, line sag, and ambient weather. This data feeds proprietary algorithms that calculate thermal line capacity at any given moment, typically revealing 30-40% additional usable capacity compared to static ratings. Heimdall also offers Virtual Neurons, a SaaS solution using ambient data and forecasts. The company serves Transmission System Operators (TSOs) and Distribution System Operators (DSOs) across 16+ countries, with customers including TenneT, Elvia, Austrian Power Grid, Amprion, and leading U.S. utilities. Heimdall's autonomous drone installation system enables safe deployment on live lines up to 450 kV. The company raised $25M in Series B funding in July 2024 and was recognized by TIME as one of the Best Inventions of 2025.

Headquarters

Oslo, Norway

Founded

2016

Employees

200-500

Company type

Private

Focus areas

grid optimizationdynamic line ratingIoT sensorstransmission capacitypower grid digitizationsoftware-as-a-servicedrone installationreal-time monitoring

Keywords

DLRNeuron sensorpower grid capacitytransmission optimizationgrid digitizationAmbient Adjusted RatingAARFERC Order 881TSODSO

Products & services

Business models

B2BSaaS

Value chain

ManufacturingEngineeringSoftware DevelopmentInstallationO&MConsultingAdvisory

Service areas (4)

  • Dynamic Line Rating

  • Grid Capacity Monitoring

  • Situational Awareness

  • FERC Order 881 Compliance

Products (6)

Neuron

Virtual Neurons

Heimdall Cloud

Heimdall HEALTH

Facilities Module

Autonomous Drone Installation System

Locations

Headquarters

St. Olavs Gate 28, 0166, Oslo, Norway

Operating locations (2)

  • Charlotte, NC, USA
  • Oslo, Norway

Service regions

EuropeNorth AmericaAsia

Projects

7

Great River Energy Dynamic Line Rating Project

Entergy Multi-State DLR Project

Elvia System-Wide Capacity Monitoring

Netz Niederösterreich Framework Agreement

Sognefjord Span Project

National Grid UK Framework

Puget Sound Energy DLR Project

Credentials & affiliations

Certifications

ISO/IEC 27001:2017

ISO 9001

Awards

Best Inventions of 2025

Renewable Prize

Selected for EIC Scaling Club

Energy & AI Pitch Competition Winner

Industry memberships

Ethical Trade Norway

Partnerships

Iridium Communications Inc., Meteomatics AG, Microsoft, Multiple TSOs and DSOs across Europe, North America, and Asia

People

Management & team

  • Jørgen Festervoll

    CEO

  • Stein Dale

    Chairman

  • Brian Berry

    Chief Product Officer

  • Brita Osmundsvaag Formato

    President, Heimdall Power Inc.

  • Tom Cleaver

    Vice President, United States

Frequently asked questions

published by the company
What is Dynamic Line Rating (DLR)?

Dynamic Line Rating (DLR) is a technology that uses real-time sensor data to determine the actual current-carrying capacity of overhead power lines, rather than relying on fixed static ratings. DLR enables utilities to safely unlock additional transmission capacity without building new infrastructure.

How does Dynamic Line Rating work?

DLR works by deploying sensors on transmission lines that measure real-time environmental and conductor conditions including temperature, wind speed, line sag, and ambient weather. This data feeds into algorithms that calculate the line's true thermal capacity at any given moment, which is typically higher than conservative static ratings.

What is the difference between DLR and AAR?

The biggest difference is the data source. Dynamic Line Rating (DLR) uses real-time sensor data from physical devices on the line to determine actual capacity. Ambient Adjusted Rating (AAR) uses ambient temperature data and weather forecasts with static assumptions. DLR provides superior accuracy, while AAR is less expensive and faster to deploy.

What are the benefits of Dynamic Line Rating?

Key benefits include: unlocking 40%+ additional transmission capacity on average, delaying or avoiding costly infrastructure upgrades, improving grid reliability through real-time monitoring, enabling better integration of renewable energy, and supporting regulatory compliance with mandates like FERC Order 881.

What does DLR stand for?

DLR stands for Dynamic Line Rating. It refers to the practice of calculating the real-time thermal rating of overhead transmission lines based on actual environmental and conductor conditions, as opposed to static or seasonal ratings.

More Energy Storage Companies

View all

More Renewable Energy Companies in Norway

View all