# SK Innovation and SK Energy acquire controlling stake in Atom Power for $150M

SK Innovation and SK Energy acquired a controlling stake in US energy company Atom Power for $150 million. Atom Power specializes in semiconductor-based circuit breakers for EV chargers.

- Type: Acquisition
- Announced: 2022-08-19
- Where: North Carolina, United States
- Value: $150.0M
- Status: completed
- Products: solid-state circuit breakers for EV chargers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SK Innovation](https://endata.com/companies/21924.md) (acquirer)
- [SK Energy](https://endata.com/companies/44967.md) (acquirer)
- [Atom Power](https://endata.com/companies/64813.md) (target)

## Sources

- [cbtnews.com](https://www.cbtnews.com/sk-innovation-sk-energy-buy-controlling-stake-in-energy-company-atom-power-for-150-m/), 2022-08-19: "SK Innovation and SK Energy announced they have acquired a controlling stake of US energy company Atom Power for $150 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.