ITT Launches VIDAR, A Revolutionary Industrial Smart Motor That Lowers Operating Costs and Drastically Reduces Energy Usage, CO2 Emissions
ITT Inc. (ITT)
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Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--March 18, 2025-- ITT Inc. (NYSE: ITT) today announced the launch of VIDAR, a first of its kind compact smart motor with embedded variable speed intelligence that lowers energy usage and CO2 emissions, reduces costs and increases equipment lifespan for industrial pumps and fans deployed in harsh environments. VIDAR, previously marketed publicly as the Embedded Motor Drive (EMD), represents ITT’s entry point into a $6 billion total addressable market for industrial motors.Each year, roughly $300 billion is spent globally to move fluids for critical applications including food and beverage processing, energy production, water purification and chemical and pharmaceutical manufacturing, among others. However, approximately 85% of industrial pumps and fans rely on outdated fixed speed motors and mechanical controls, resulting in excess energy usage and low reliability. Current solutions on the market, including variable frequency drives (VFDs), require
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News
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- ITT (NYSE:ITT) was given a new $215.00 price target on by analysts at DA Davidson.MarketBeat
ITT
Earnings
- 10/29/25 - Beat
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- 12/10/25 - Form 8-K
- 12/10/25 - Form 424B5
- 12/8/25 - Form 424B5
- ITT's page on the SEC website