Manny Fernandez:
Mitch, we continue to hear about digital transformation. Can you tell us what that means from our perspective on our new products?

Mitch:
Great question, Manny, to start everything off. So, digitalization is all about being able to gather data, and use that data to make real-time decisions that help to optimize your system for whatever you're using and that's across industries, not just ours. So, by going into this digital world, we have our new Magnum PXR trip unit, which we're able to plug into and connect with and allows our users to get real-time data, to optimize their system.

Manny Fernandez: 
Thanks Mitch. AJ, what does that mean for a switchgear?

AJ Johnson: 
For switchgear, it means capturing everything that's going on inside that big gray box. It's trying to find everything, from environmental data, to customer connections and now the Magnum PXR circuit breaker. The idea is that we want to capture all that data, allow customers to be able to analyze it and then make decision-making much easier.

Manny Fernandez: 
Okay, thanks. Yes, anytime we can make a customer's day easier, that's a win for everybody. 

Manny Fernandez: 
Mitch, can you tell us more about the market and how this new solution that you have, the Magnum PXR breaker, is going to help a customer?

Mitch: 
So, in the market, we're seeing a lot of growth in demand for low-voltage air circuit breakers because of renewable energy sources and all of that coming into play. Also, we are seeing a more demand on the grid in general and more power demand from all different industries. What we're trying to do is make everything more reliable and secure. Eaton has a vision of helping make our customers more sustainable, efficient, and most importantly, safe.

Many Fernandez: 
Okay. Can you tell us more about what's in this Magnum PXR that's going to help a customer do that?

Mitch: 
So, Manny, this is our new Magnum PXR circuit breaker. You can see from the old Magnum with Digitrip or Magnum DS, it has a new refresh look to it. With this, we have our new Magnum PXR trip unit. One of the cool things about it is that it has more accurate metering, specifically for energy and power. It's accurate to 1%. So, what that means is you're basically able to use the trip unit as a meter, so you don't have to go and buy an additional meter, or other components in order to get that data and be able to see what's going on in the system. So, that helps reduce cost and footprint. And, users can gain insights into what is actually going on to further optimize their system.

Many Fernandez: 
That's great.

Manny Fernandez: 
I keep hearing about this breaker health feature that we have in our PXR trip units. Can you tell us more about that please?

Mitch: 
Yes. Some of you out there may be familiar with breaker health already. If you're familiar with our Power Defense molded case circuit breaker line, this is another addition of that, just for our Magnum air circuit breakers. Power health or breaker health is an algorithm that was developed by Eaton. It's looking at several different parameters that include the temperature of the contacts and the breaker, how many operations it's had, how many faults it's seen and cleared, how many overload events it's had, and how long it's been operating. By doing that, it then tells you what the life is for the breaker, so if it has 75%, 50% or even 25% of the breakers expected life left. The reason that's important is then the breaker is able to alert the user, as far as saying, "Hey, you really need to maintain this breaker," or, "Hey, you really need to replace this breaker," before there's an event that causes everything to go offline. That creates downtime, which can be very, very costly.

Manny Fernandez: 
That's a great feature. I guess it helps that user be proactive about maintenance on the breaker.

Mitch: 
Yes, and another thing is that it is on our Power Defense molded case line, and now it's all the way up to the Magnum line. So, we have it across that entire low-voltage circuit breaker portfolio.

Manny Fernandez: 
That's great.

Manny Fernandez: 
Can you tell us more about other safety features or anything else that may be new or improved upon with Magnum PXR?

Mitch: 
Yes, the first one that I'll talk about is our Arc Flash Reduction Maintenance System, ARMS for short. We have a maintenance mode on the breaker where you can flip the trip unit into a maintenance mode that doesn't change any of the settings that you had before. It allows for the breaker to clear a fault much faster than it would before, or if it wasn't in that maintenance mode, which reduces the amount of energy available, makes it safer for the operator in front of the breaker. One improvement we made on that was, before it was a 2.5 x pickup. Now, it's 1.5 x.

Manny Fernandez: 
What about other features like Zone Selective Interlocking? Any improvements on that compared to what we had in Digitrip?

Mitch: 
And for Zone Selective Interlocking, I'm just going to call that ZSI for short. So, one of the cool things that we were able to do is, on the trip unit display, we actually have an indication that allows you to see whether ZSI is disabled, enabled and if it's active and actually working. That way you can tell if the breaker is properly wired into the system, to where it's communicating with other breakers. So, in the event that there's a fault in the system, this breaker could be talking to another breaker saying, "Hey, do you see this fault?" If that breaker says, "Nah, I don't see it." This breaker knows I can clear that fault right away.

Manny Fernandez: 
So, is that ZSI and the new PXR trip unit, is that compatible with, you mentioned Power Defense, or even Magnum Digitrip, or prior versions of ZSI?

Mitch: 
Yes and it is compatible across the line.

Manny Fernandez: 
Okay, great. Now, the other safety feature that I keep hearing about is our motorized remote racking, our MR2 that we're putting into low-voltage. Can you tell the audience a little bit more about that please?

Mitch: 
Yes. So, MR2 is our industry-exclusive motorized remote racking device. It's really cool. It actually sits inside of the breaker and it's all integrated within it. So, it allows you to remotely rack the breaker, in and out of the cell. it's done through a pendant through one of Eaton's dashboard products, or through discreet controls. Actually, you can control multiple breakers with a single pendant and all sorts of other things.

Manny Fernandez: 
Okay. That's really cool. It's very similar to what we have in our medium-voltage switchgear, so awesome.

Mitch: 
Precisely.

Manny Fernandez: 
So, one more question for you, Mitch. I see the PXR trip unit on the left of the breaker there, it doesn't have any dials. How do you set that up? Can you tell us more about any software or anything that we have coming out with Magnum PXR?

Mitch: 
That's a great observation, Manny. I have our two different trip units right next to me, our PXR 20 and our PXR 25. You may find it weird that the PXR 25 doesn't have any dials on it, and that's because we have our Power Xpert Protection Manager. That's our software program that we use to, first off, set or configure set points. Through it, you can capture waveforms and reset the trip unit. You can gather all the real-time data you want. And another cool part about the software is that you can run secondary injection testing on it, and all you need is a USB cable and your laptop with PXPM already installed on it. So, by doing that, it reduces the need for a kit to have to be hauled out and set.

And you can run that injection test with that USB port. Then, the software will actually generate an entire report that gives you all the data, and shows you all the set points and everything that happened during that test. Very, very cool. And it's available at eaton.com/pxpm. It's free, and there's also a QR code that should be on the screen. You can follow that and it'll take you right to the webpage.

Manny Fernandez: 
Okay. Thanks, Mitch. That's great. Good to see that there's no more test kits required. Quick question here is, so for a customer that does not want to have communication, does not need the energy metering, why should they switch to this product? And, I'm asking this to both of you because it's on the breaker, but it's also a switchgear solution.

Mitch: 
I'll go ahead and go first.

Many Fernandez: 
Yes, go ahead

Mitch: 
I would say the main reason you'd still want to go with Magnum PXR is primarily because of safety. It is the most important thing, and that's the reason circuit breakers exist in the first place.

Manny Fernandez: 
Okay

AJ Johnson: 
I'm going to reiterate a lot of what Mitch has already said. For us, it's more about the modernizing and the safety aspect, and the additional things that come into play when you go to a modernized trip unit. While Digitrip has been great and gotten us to where we are today, we need something that's a little bit more up-to-date that can get us to where we want to go and being able to protect customers.

Manny Fernandez: 
Okay. Thank you, both.

Manny Fernandez: 
AJ, another question for you. So, what if a customer wants to retrofit Magnum DS switchgear with a new Magnum PXR breaker? Can they do that?

AJ Johnson: 
As of right now, the answer to that is no. We are looking at developing a retrofit kit, but because of all the other changes that are occurring with this update for Magnum PXR switchgear, the recommendation is that they go with a whole new assembly. I'll touch on a little bit of why they would want to do that, a little later on.

Manny Fernandez: 
Ok.

Manny Fernandez: 
Can you tell us more how this solution will impact the switchgear market and the solutions that we offer?

AJ Johnson: 
So, the market we've seen today, despite all the economic challenges and supply chain challenges that are out there, we still continue to see market growth. And, along with that, we've seen a drive to have more connectivity, and that's really coming from three things. The first of which is the fact that we have an aging power infrastructure out there that is long overdue for some overhaul. The second is we've seen reshoring of U.S. manufacturing that is increasing within the U.S., so there's new manufacturing locations popping up. And then last ,but not least, we've seen continued expansion of both healthcare and data center facilities. We've seen a heavy drive to have more connectivity and an understanding of what's occurring within switchgear, so they can increase their uptime and reliability as well as being more proactive versus reactive.

Manny Fernandez: 
Those are all great points, AJ. As you look at the market, what changes can we expect to see in the switchgear? And, how are we addressing, specifically, those challenges?

AJ Johnson: 
The first and probably the most obvious one is going to be the integration of the Magnum circuit breaker with Power Xpert Release trip units built into them. So, those will be getting integrated into the gear. The second is - we are going through some aesthetic changes, to give our switchgear a little bit more of a modernized look and to set it apart from how our Magnum DS switchgear has looked. Last but not least, are some of the mechanical safety features that are going to be outside of that trip unit and why they want to upgrade. 

Manny Fernandez: 
Great, appreciate that. Are you expecting to see that also into the UL 891 switchboards and our offering for those?

AJ Johnson: 
We do have plans for integration, to update our version of the switchboards, but right now our focus is really going to be on the switchgear piece. That's what our core line is built around and what we're focused on. But, in the coming years, we do plan on integrating that. If there are customers that want to see the Power Xpert Release trip unit within a switchboard today, they do have the option of going with the Power Defense molded case that is in the Pow-R-Line Xpert switchboards.

Manny Fernandez: 
Okay. Thanks.

Mitch: 
And, Manny, if I could interrupt real quick. We do have our Power Defense NF and RF breakers that can go on switchboards, and we're actively working on a Magnum version of the Magnum SB for Power Defense as well and that'll have that PXR trip unit in it.

Manny Fernandez: 
Okay, great. Any hints on when that may be available?

Mitch: 
Well, we're planning on the end of this year, early next year. So, stay tuned. 

Manny Fernandez: 
Awesome. That is a lot of great things coming for our switchgear and switchboard lineup. So, let's take a look at some additional questions

Manny Fernandez:
AJ, for you. What if a customer still wants to buy Magnum DS switchgear? What if they want to stick with Magnum DS switchgear? Can they do that?

AJ Johnson:
For the foreseeable future, Magnum DS switchgear isn't go anywhere. Over the next four to five years or so, we're going to be expanding the Magnum PXR offering to have a one for one option going against Magnum DS. And until that point, Magnum DS will be able to be ordered side by side with Magna PXR. Customers will have both options.

Manny Fernandez:
So, aside from the aesthetics of what we're changing, any other enhancements or improvements?

AJ Johnson:
The aesthetics themselves really serve two purposes. The first is to make it look nice with a new updated look. But ,the second is really something that we've also adopted into our marketing collateral. The idea is, we want to give someone that may not necessarily be familiar with the ideas of Magnum DS and Magnum PXR out in the field, an easy way to communicate back to someone on the phone, of what they're standing in front of. Someone on the phone from our technical group, our services group could say, "Okay, what does the Eaton look like on that gear?" Is it this blue and silver sticker that they're used to seeing with Magnum DS, or is it going to be this new black and silver style badge that's on the gear.

And, from that one question, they can understand what the customer's working with. That way there's less confusion. And ,our collateral was designed to do the same thing. There's a new look to it. And that way they can understand, "Okay, this is clearly for this new generation. This is for what has been previously produced."