What RIC Electronics Ltd. does

RIC Electronics Ltd. is a Burnaby, British Columbia-based designer and manufacturer of industrial-grade AC and DC power systems, founded in 1981 by Peter Malow with the company name derived from Rectifiers, Inverters, and Converters. Under current executive leadership Nad Gouldooz and Scott, who assumed control in 2003, the company has expanded from a 3,000 sq ft shop with two employees to a 30,000 sq ft ISO 9001:2015 and CSA-certified manufacturing facility employing over 50 staff. Its core engineering practice covers battery chargers and rectifiers, DC and AC UPS systems, power converters and inverters, mobile battery power centers, and utility-scale energy storage and delivery platforms, notably the proprietary CleanGen™ J250 mobile sustainable power unit (250 kWh / 100 kVA) and the CleanGrid™ modular storage system.

The company's product portfolio is anchored on the SB7 Industrial SCR Battery Charger (advertised at MTBF exceeding 200,000 hours and MTTR under 30 minutes), the modular MP7 Industrial UPS, the CleanGen mobile platform, the CleanGrid utility platform, and a Custom UPS line for bespoke specifications. RIC serves the marine, defense, utility, telecom, oil & gas, and mining verticals, with reference customers including Seaspan/Department of National Defense (Victoria Class Submarine), Rheinmetall (Medium-Range Radar), BC Ferries, BC Hydro (Ruskin Dam), Pembina Pipeline (CleanGrid Low Voltage), Teck Resources, Suncor, Canadian Natural Resources, Domtar, and Cerro Verde Mine in Peru.

RIC generates revenue primarily through hardware sales of standardized and customized power equipment manufactured in-house, supplemented by professional services including field technician deployment, commissioning, site audits, and critical system maintenance, with free extended warranties offered as an incentive for customers who use RIC for commissioning. Pricing is uniformly quote-based via direct enterprise field sales targeting consultants, plant and maintenance managers, and executive leadership; the company has no public distributor or reseller network and uses its website, downloadable technical brochures, and direct phone/email engagement as primary marketing channels.

Name

RIC Electronics Ltd.

Legal name

RIC Electronics Ltd.

Website

https://ricelectronics.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

RIC Electronics Ltd. designs and manufactures industrial-grade AC and DC power systems — battery chargers, UPS, converters, inverters, mobile battery centers, and utility-scale energy storage — serving marine, defense, utility, telecom, oil & gas, and mining customers from its Burnaby, BC facility.

Ownership category

akta.pro rank

Product category

Industrial Power Systems

NAICS

Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF)

akta.pro secondary industries

AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame) (IMAGADAA), DC-DC Converters & Power Modules (Isolated/non-isolated, POL modules) (IMAGADAB)

Keywords

• Industrial power systems
• Battery chargers rectifiers
• AC DC UPS systems
• Utility-scale energy storage
• Power converters inverters

Headquarters

HQ city

Burnaby

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Hardware Sales: Sale of industrial-grade power products including battery chargers, UPS systems, converters, inverters, and clean energy solutions (CleanGen, CleanGrid). Products are manufactured in-house at ISO 9001:2015 certified facility.
2. Professional Services: Field service technician deployment for start-up, commissioning and quality assurance. Site audits and critical system maintenance services including battery load tests and annual discharge tests. Free extended warranties offered when company performs commissioning.
3. Custom Solutions: Completely customized product solutions manufactured to customer specifications. Batch production of standardized product solutions also available.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

RIC Electronics Ltd. designs, manufactures, and sells industrial-grade AC and DC power systems including battery chargers/rectifiers, DC and AC UPS systems, converters, inverters, mobile battery power centers, and utility-scale energy storage and delivery systems. The company offers both standardized batch-produced solutions and fully customized engineered products for mission-critical applications across marine, defense, utility, telecom, oil & gas, and mining sectors, supported by commissioning, site audits, and maintenance services.

Product overview

RIC Electronics Ltd. offers a portfolio of industrial-grade AC and DC power systems, comprising five distinct product lines that serve mobile, utility-scale, and facility backup power needs. The core offerings include CleanGen™ J250 (mobile 250kWh/100kVA battery power center), CleanGrid™ (utility-scale energy storage for grid operators), SB7 industrial battery charger (customizable DC output rectifiers), MP7 modular UPS (three-phase power protection), and Custom UPS solutions (bespoke systems for unique requirements). These products serve the marine, defense, utility, telecom, oil & gas, and mining sectors, providing power generation, storage, conversion, and protection capabilities for mission-critical applications.

Differentiator

Problem solved

Functional benefit

Products and services

• CleanGen™ J250 Mobile sustainable power solution with 250kWh battery capacity and 100kVA output that replaces traditional diesel generator sets, offering clean, quiet, and uninterrupted power for on-location industrial and commercial applications.
• CleanGrid™ Utility-scale energy storage and delivery system designed for power utilities, district energy cooperatives, isolated communities, and industrial/institutional companies, reducing grid congestion, assuring critical loads during outages, and optimizing energy costs.
• SB7 Industrial SCR Battery Charger

Quantifiable outcome

• 200,000+ hours Mean Time Between Failure
• +3 more outcomes

Named customers8 records

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• ABBcoreTechnology or IntegrationTechnology partner displayed in trusted partners section. ABB provides complementary power and automation technologies.
• Alttelec Technical Sales & Services Inc.minorImplementation/ SI/ Consulting PartnerTechnical sales and services partner providing swift and efficient support from initial concept through to project commissioning.
• BC Children's HospitalminorOthersListed as trusted partner/client. Provincial foremost teaching and research facility for child health.
• British Columbia Ferry Services Inc.coreOthersKey customer partner for marine electrification projects including retrofitting onboard battery chargers and shore power converters.
• BC HydrocoreOthersKey customer partner for utility-scale power projects including Ruskin Dam project.
• Canadian Natural ResourcescoreOthersSenior crude oil and natural gas production company operating in Western Canada, North Sea, and Offshore Africa.
• Chess ElectricminorChannel Partner/ Reseller/ DistributorElectrical services partner.
• DomtarminorOthersLeading privately held manufacturer of diversified forest products with 14,000 employees in 60+ locations across North America.
• Metro VancouverminorOthersRegional utility services organization planning water, sewers, wastewater treatment, solid waste management, air quality regulation, and affordable housing.
• Pembina Pipeline CorporationcoreOthersLeading energy transportation and midstream service provider with 70 years in North America's energy industry. CleanGrid customer.
• RIC MetalWerx Inc.coreTechnology or IntegrationRelated company providing sheet metal fabrication services including laser cutting, forming and welding.
• RIC Power Corp.coreTechnology or IntegrationRelated company manufacturing custom switchgear in Burnaby, BC.
• Simon Fraser University (SFU)minorOthersPublic research university in British Columbia, Canada.
• Suncor EnergycoreOthersEnergy company focused on developing petroleum assets and alternative energy solutions.
• Teck Resources LimitedcoreOthersLeading Canadian resource company focused on responsibly producing metals essential for global development and energy transition.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Eaton: Multinational power management company offering industrial UPS, power conversion, switchgear, and DC battery solutions across utility, data center, marine, and industrial markets. Directly comparable to RIC's SB7, MP7, and CleanGrid product categories, with much greater scale and global reach.
• Schneider Electric: Global specialist in energy management and automation with industrial UPS, power conversion, and grid solutions overlapping RIC's portfolio. Provides an apples-to-apples scale benchmark for industrial power systems and battery energy storage offerings.
• ABB: Global industrial power and automation giant with broad portfolios in UPS, power conversion, switchgear, and grid solutions. Listed as a technology partner on RIC's website and serves many of the same utility, marine, and industrial customers, making it both a partner and the most formidable broad incumbent competitor.
• Saft (TotalEnergies): Industrial battery manufacturer specializing in mission-critical applications including defense, marine, oil & gas, and rail. Comparable to RIC in end-market exposure and customization, though Saft focuses more on cells while RIC integrates chargers/UPS around batteries.

Direct peers

• AMETEK Solidstate Controls: Industrial UPS and power conversion manufacturer focused on harsh-environment applications in oil & gas, petrochemical, and utility markets. Direct comparable niche peer to RIC's industrial UPS and converter business serving process industries.
• EnerSys: Global leader in stored energy solutions for industrial applications, including industrial battery chargers, motive power, and reserve power systems. Most directly comparable to RIC's SB7 SCR battery charger product line serving similar industrial, telecom, and utility customers.
• Stryten Energy: US-based manufacturer of industrial batteries, chargers, and DC power solutions for motive, reserve power, and military applications. Direct peer in industrial battery chargers and DC power systems serving defense, mining, and rail end markets similar to RIC's customer base.
• Vertiv: Pure-play provider of critical digital infrastructure and industrial UPS, battery monitoring, and power conversion systems. Competes head-to-head with RIC's MP7 modular UPS in industrial and utility-grade applications, with similar modular, hot-swappable architectures.
• Alpha Technologies: Specialist in power systems for telecom, cable broadband, and industrial markets, with industrial-grade rectifiers, UPS, and outdoor power solutions. Closest direct peer to RIC's SB7 charger and MP7 UPS in the telecom vertical and competes for similar industrial-grade reliability contracts.
• C&D Technologies: Manufacturer of DC power systems, batteries, and UPS for utility, telecom, and industrial markets. Direct competitor in industrial battery chargers and DC UPS product lines, with similar customization and mission-critical focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RIC_Electronics
• LinkedInlinkedin.com/company/ric-electronics-ltd-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RIC Electronics Ltd.