Powell Industries Inc (Powell) is a company that specializes in providing complex and integrated systems for the distribution and control of electrical energy and other critical processes. These systems are primarily used to distribute, control, and monitor the flow of electrical energy and provide protection to motors, transformers, and other electrically powered equipment. The company serves industries such as oil and gas, petrochemical, electric utility, light rail traction power, mining and metals, pulp and paper, data centers, and other municipal, commercial, and industrial markets.

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Powell is focused on research and development activities that are critical to its future, concentrating on both the development of new products and services and enhancing current product offerings. The company's expertise in vacuum circuit breaker engineering is internationally recognized, and it is committed to incorporating continuous product improvements to ensure sustained operational safety and reliability across the markets it serves. In FY2025, the company spent US$11 million on R&D, which as a percentage of revenue stood at 1% and grew 51.6% YoY.