The Icelandic company was founded in 2015 and has three shareholders: Rásmark ehf., Mannvit hf., and Startup Energy Reykjavík. Laki Power's POLG is an energy harvester that generates and stores clean, renewable electricity for peak periods. The device also has a built-in accessory compartment to store sensor devices, such as inclinometers and heat sensors. Laki Power is a leader in real-time, operational intelligence and analytics for high-voltage power grids, providing transmission and distribution system operators with enhanced performance, reduced costs, increased safety, and improved security and resilience.