King of Prussia, PA, U.S.A. — (METERING.COM) — February 27, 2009 – Penn State University has entered into a partnership with global security company Lockheed Martin to develop smart grid technologies, with the company to fund $400,000 of research and development projects in 2009.

Specifically, the research will include advisory and control methods, predictive and diagnostic modeling and simulation, cyber security, and the development of a test bed for exploration, experimentation and validation of advanced metering infrastructure and smart grid technologies.

“We believe that proven approaches to integrating and delivering complex, secure, defense systems can bring real benefit to energy partners as they look to implement secure scalable solutions, optimize critical resources, and manage risk,” said Bill Graham, president of Lockheed Martin’s Enterprise Integration Group. “We are pleased to be teaming with Penn State on this nationally important issue.”

“We’re looking forward to combining the strengths of Penn State and Lockheed Martin to solve complex problems for the energy industry,” said Dr Tom Hughes, director of the Energy Science & Power Systems division of Penn State’s Applied Research Laboratory.

“This research will ensure that smart grid implementations are secure, protecting energy users’ privacy and guaranteeing billing accuracy for utilities,” added Patrick McDaniel, associate professor in Penn State’s Computer Science and Engineering department.

Headquartered in Bethesda, Md., Lockheed Martin is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.