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Bullboard - Stock Discussion Forum Clear Blue Technologies International Inc V.CBLU

Alternate Symbol(s):  CBUTF

Clear Blue Technologies International Inc. is a Canada-based company, which is engaged in the business of developing and selling Smart Off-Grid power solutions and management services. It provides its solutions and services to power, control, monitor, manage, and proactively service solar and hybrid-powered systems, such as streetlights, security systems, telecommunications systems, emergency... see more

TSXV:CBLU - Post Discussion

Post by SkywalkerofLuke on Jun 28, 2022 2:06pm

News

CBLU.v CBUTF announced today $4M in Government support through the Federal Economic Development Agency for Southern Ontario. 


Funding will allow Clear Blue to 


- Expand its production capacity

- Support the commercialization of its new Pico-Grid technology

- Enhance its sales and marketing strategies


CEO also mentioned that the funding will expand the company’s addressable market to include the broader satellite internet market which is estimated to reach $19B by 2030.


https://www.clearbluetechnologies.com/news/clear-blue-technologies-announces-$4-million-government-of-canada-financing

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