Clear Blue Technologies International Inc V.CBLU

$CBLU Is Expecting More Business After YahClick Partnership

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Shares of off-grid smart energy company Clear Blue Technologies (CBLU:TSXV) are continuing to bounce around a price range of $.25 - $.315. Since slowing on a bearish descent, $CBLU.V has begun to normalize around the 50MA as prices consolidate. 

There was recently big news for the company in the form of a preferred partner agreement with African satellite service provider, YahClick.

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. 

Clear Blue CEO Miriam Tuerk expects that this is just the beginning of multiple partnerships for the company in the region and sector. 

$CBLU is currently trading at $.25 and the company is valued at an MCAP of $16.47 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/