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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 power, and Internet of things (IoT) devices. Its Smart Power system includes a solar or solar-hybrid controller, a built-in communications network, and Illumience. Illumience is the Company’s Smart Power cloud application and management service, delivering remote control, management, and proactive servicing of off-grid systems. Its patented technology, delivered through the Energy-as-a-Service model, allows systems to be installed anywhere and managed over the Internet to deliver connectivity to remote and rural areas. Its Smart Off-Grid power systems are in 37 countries around the world.


TSXV:CBLU - Post by User

Post by SkywalkerofLukeon Jun 28, 2022 2:06pm
104 Views
Post# 34788145

News

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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