Kamstrup: Utility meters, remote reading and analytics for energy and water

Kamstrup makes water, heat, cooling and electricity meters, with remote-reading infrastructure and analytics for utilities and building operators.

Company-reported

DKK 3.0 billion Revenue in 20248
20+ Countries where Kamstrup employs staff1

Summary

Best for
Heat, cooling and water projects needing consumption records plus operational information such as temperatures, flow and leak indicators.
Less suited to
Selecting one universal communications interface from the Kamstrup brand name without specifying the meter and module.
Deployment
Installed meters with wired or radio reading, supported gateways and READy software or an appropriate third-party integration.
Data in
Metered volume or energy, flow, temperatures, historical logs and supported alarms; fields depend on the meter and reading package.
Pricing
Meter, communication, software and service requirements are quoted for the project; no universal system price was verified.
Assessed
15 October 2026, against our March 2026 criteria

Overview

Kamstrup combines physical metering with communication networks and software for water, heat, cooling and electricity. Its instruments serve both utilities and building operators, where the same measurements may support consumption allocation, billing and maintenance. The practical distinction is between measuring a quantity at the pipe or supply and moving that measurement into a useful operational system.

The MULTICAL 603 illustrates the heat-meter side of that offering. It supports programmable logs at intervals from minutes to years and can be used with appropriate flow and temperature sensors. This produces more useful diagnostic information than a single cumulative energy total alone.

Offering

The MULTICAL 603 supports modular communications and configurable logging for heat and cooling applications. Its mixed-fluid variant compensates for the fluid's specific heat capacity, while the documented Auto Detect function works with suitable ULTRAFLOW sensors. These are different selection considerations from simply choosing a pipe diameter.

For water networks, flowIQ 2200 combines ultrasonic measurement with acoustic leak indicators. The meter reports a daily minimum noise value to help distinguish persistent pipe noise from ordinary activity. READy supplies the reading layer, with mobile, network and wired approaches for collecting meter data and making it available for operational use.

Products and platforms

  1. Modbus/KMP TCP/IP module

    Meter interface

    Documented module for supported MULTICAL 403, 603 and 803 meters, with Modbus mapping and pulse inputs.7

Technology

Communications are model and module choices. The MULTICAL 603 page lists options including M-Bus, wireless M-Bus, Modbus, BACnet, linkIQ and cellular communications, rather than one interface fitted identically to every meter. The Modbus/KMP TCP/IP module document gives a more concrete integration path for supported MULTICAL 403, 603 and 803 instruments, including its register mapping and additional pulse inputs.

flowIQ 2200 also offers several reading arrangements. Gateway-mediated interfaces must be distinguished from the meter's integrated radio. Selecting the data package, power arrangement and reading infrastructure is therefore part of commissioning.

Independent test records show how far that interface evidence reaches. The DLMS User Association issued certificate 2203 in September 2019 for an OMNIPOWER electricity meter (type 1165-AD2): 2,084 COSEM tests passed and none failed, with high-level GMAC authentication and global ciphering in scope. In October 2025 VDE published a product data sheet confirming OMS conformity for the flowIQ 2200 wireless M-Bus module at 868 MHz with security profile D. For German water utilities Kamstrup also supplies a LoRaWAN meter with TLS encryption, developed with GELSENWASSER AG and PHYSEC; the company reports that the design follows the protection profiles and technical guidelines of the German Federal Office for Information Security (BSI). Each certificate covers the tested firmware and module only.

Standards and technical interfaces

  1. ISO/IEC 27001:2022

    Issued by DNV

    Development, production, service, sales and operation of equipment and systems for measuring, reading and administration of energy and water consumption; valid to 17 November 2026, first certified November 2005.11

  2. DLMS/COSEM compliant

    Issued by DLMS User Association

    OMNIPOWER (1165-AD2) electricity meter, tested firmware, certificate 2203 of September 2019.12

  3. MID Module D

    EU Measuring Instruments Directive quality assurance for meter production.9

  4. ISO 17025 accreditation

    Issued by DANAK

    Calibration laboratory for electricity, heat, cooling and water meters.9

Customers

Customer evidence

  1. El Paso Water

    Systemwide replacement with Kamstrup ultrasonic AMI meters, supplied through Ferguson Enterprises under a sole-source contract approved in January 2025 at an estimated $17,000,000 a year.

    Reported outcome: The utility reports better metering accuracy, leak detection and billing efficiency, and in August 2025 sought to raise the contract year to $42,000,000.14

  2. GELSENWASSER AG

    50,000 LoRaWAN water meters with TLS encryption awarded after an EU-wide tender in December 2023.

    Reported outcome: Around 24,000 meters installed by December 2023; about 180,000 meters to move to LoRaWAN by the end of 2028.15

  3. water-link (Antwerp)

    About 193,000 MULTICAL 21 water meters with Sigfox communication, contracted through Hydroko in 2016.16

Markets

Kamstrup's READy material describes a joint water and district-heating reading network at Assens in Denmark. Sharing radio infrastructure across the two utilities is a useful example of a project decision that concerns the reading system, not just the meter. It can influence installation effort and how operations teams access their data.

In water distribution, flowIQ 2200 examples describe using acoustic readings to prioritise leak investigations. Building and industrial projects have a different emphasis: the MULTICAL 603 application guidance discusses consumption records and load profiles for property managers and industry. Meter choice should follow that intended use, with billing and diagnostic needs considered together.

Public utility records give a sense of scale. El Paso Water's Public Service Board approved a sole-source contract in January 2025 for Kamstrup AMI meters, supplied through the distributor Ferguson Enterprises, at an estimated $17,000,000 a year, so that a systemwide meter replacement could finish in four years instead of ten. An August 2025 agenda item reports that the ultrasonic meters improved metering accuracy, leak detection and billing efficiency, and asks the board to raise the current contract year to an estimated $42,000,000. In Germany, GELSENWASSER AG awarded Kamstrup 50,000 LoRaWAN TLS water meters after an EU-wide tender in December 2023, with around 180,000 meters planned to move to LoRaWAN by the end of 2028. Earlier, in 2016, water-link in Antwerp contracted about 193,000 MULTICAL 21 meters with Sigfox communication through Hydroko, which WaterWorld reported as Kamstrup's largest water meter contract to that date.

Company

Kamstrup traces its history to Olaf Kamstrup's workshop in Aarhus in 1946. The timeline records the introduction of ultrasound metering in 1991, electricity meters in 1998 and integrated wireless communications in 2002. Later milestones include the OMNIA platform and READy software, showing how the business expanded from instruments into collection and analysis.

The current legal contact information identifies Kamstrup A/S at Industrivej 28 in Skanderborg, Denmark. Its company overview describes work with utilities and building-performance managers. That combination of metrology, communications and operational software is more informative for buyers than treating the company as only a supplier of radio-enabled meters.

Ownership has been stable for more than three decades. The Danish encyclopedia Lex records that the energy cooperative OK a.m.b.a. took 50% of the share capital in 1987 and bought out the Kamstrup family in 1990, and gives 1,633 employees in 2024 and 1,513 in 2025. Kamstrup's 2024 results show revenue of DKK 3.0 billion, 17% lower than in 2023, and a profit before tax of DKK 247 million; Lex gives 2025 revenue of DKK 3,460 million. The same report describes a new American headquarters in Georgia with production and an R&D centre. The policies and certificates page lists ISO 9001, ISO 14001, ISO 45001 and ISO/IEC 27001 certification, MID Module D approval and ISO 17025 accredited calibration laboratories in Denmark and the US, and the ISO/IEC 27001:2022 certificate issued by DNV dates the first certification to November 2005.

Assessment

A long-established Danish meter maker, owned by the cooperative OK a.m.b.a. since 1990, with independent evidence at the meter level: DLMS/COSEM and OMS conformity certificates, a current DNV ISO/IEC 27001:2022 certificate and large public utility contracts such as El Paso Water's systemwide replacement. The weaker side is software openness. Interfaces are chosen per meter and module, each certificate covers only tested firmware, and the READy and OMNIA head-end systems have no public API documentation in the sources examined. Revenue fell 17% to DKK 3.0 billion in 2024 and Lex records DKK 3,460 million for 2025. A strong choice for utility and building metering where Kamstrup's own reading infrastructure is acceptable.

  • Interoperability

    Independent sources Proven at the meter: the DLMS User Association certified an OMNIPOWER electricity meter in 2019 (2,084 COSEM tests passed, none failed) and VDE confirmed OMS conformity for the flowIQ 2200 wireless M-Bus module in October 2025.

    Full note and sources

    MULTICAL heat meters take M-Bus, Modbus and BACnet modules and a Modbus/KMP register map is public. Missing: public API documentation for the READy and OMNIA head-end systems, and certificates for other firmware variants.

    Sources: 2, 7, 12, 13

  • Scale

    Independent sources Large and multi-market.

    Full note and sources

    El Paso Water budgeted an estimated $17,000,000 a year for Kamstrup AMI meters from January 2025 and sought $42,000,000 for the current contract year in August 2025; GELSENWASSER AG ordered 50,000 meters in 2023; Antwerp contracted about 193,000 in 2016. The company reports DKK 3.0 billion revenue in 2024 and staff in more than 20 countries.

    Sources: 1, 8, 14, 15, 16

  • Stability

    Independent sources Founded in 1946 and part of the OK a.m.b.a. cooperative group since 1990, according to Lex.

    Full note and sources

    Revenue fell from DKK 3,604 million in 2023 to DKK 3,001 million in 2024 and recovered to DKK 3,460 million in 2025; headcount fell from 1,672 to 1,513 over the same period. Profit before tax stayed positive at DKK 247 million in 2024.

    Sources: 4, 8, 17

  • Functionality

    Independent sources Covers the core metering jobs across heat, cooling, water and electricity: configurable logging, mixed-fluid heat metering, acoustic leak indicators on flowIQ 2200 and mobile, network and wired reading through READy.

    Full note and sources

    El Paso Water attributes better accuracy, leak detection and billing efficiency to the meters. Analytics depth beyond the reading layer is described only by the company.

    Sources: 2, 3, 6, 14

  • Security

    Independent sources Organisational controls are independently certified: DNV's ISO/IEC 27001:2022 certificate, first issued in 2005, is valid to November 2026 and covers development and operation of reading systems; Kamstrup also reports annual ISAE 3000 statements.

    Full note and sources

    Protocol security is tested on specific products (DLMS GMAC authentication and ciphering, OMS security profile D). Missing: a public vulnerability disclosure policy, product security advisories and IEC 62443 product certification.

    Sources: 10, 11, 12, 13

  • Quality

    Independent sources Mature manufacturing evidence: ISO 9001, MID Module D production approval and ISO 17025 accredited calibration laboratories in Denmark and the US, plus a utility board record crediting improved accuracy and leak detection.

    Full note and sources

    Certification records apply to specific models and firmware.

    Sources: 9, 11, 14

  • Transparency

    Independent sources Annual results, management-system certificates, product pages and a Modbus register map are public.

    Full note and sources

    Prices, head-end interface documentation and the scope of the ISAE 3000 report are not; the ISAE 3000 report is available on request.

    Sources: 7, 8, 9, 10

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