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Clear Blue Technologies $CBLU $CBLU.V has been selected as YahClick’s preferred partner to supply smart off-grid solar solutions for its ground stations across Africa.
YahClick is one of the main tier one satellite service providers in Africa. The viability of satellite service is drastically increasing as the technology becomes faster, more affordable, and cheaper. This has led to a global momentum toward providing connectivity to areas that would otherwise be left off the grid from traditional telco infrastructure.
$CBLU installed its first off-grid power systems for YahClick in Q4 last year with following rollouts coming this year. $CBLU CEO Miriam Tuerk expects that this is just the beginning of multiple partnerships for the company in the sector.
Momentum has begun to slow for $CBLU’s bearish descent, and shares are showing signs of consolidation between $.315 and $.225.
$CBLU is currently trading at $.25 and the company is valued $16.74 million.
https://themarketherald.ca/yahclick-a-leading-global-satellite-services-operator-selects-clear-blue-technologies-smart-off-grid-solar-power-systems-for-africa-2022-02-03/
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