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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