2023 is lining up to be a big year for green-energy company Clear Blue Technologies (TSXV: CBLU). Late last month, the company secured $5 million in grant funding from the SDTC. These funds will drive the company’s R&D activities as it incorporates its next level of smart analytics and machine learning to its product suite.
An additional development worth mentioning, is that NuRAN, CBLU’s biggest contractor, recently secured US $26M in financing and also secured a US $75M Network as a Service (NaaS) agreement with MTN Ivory Coast today. This means we can probably expect a considerable contract announcement from CBLU in the near future.
CBLU has received acclaim from numerous national ranking lists this year. Most notably, the company was recognized on the Globe and Mail’s list of Top Growing Canadian Companies, and Corporate Knight’s list of the fastest growing sustainable energy companies in Canada.
CBLU.v is currently trading at $.11, valued at $8.44 million.
https://ceo.ca/@globenewswire/clear-blue-technologies-receives-5-million-grant-funding