Tantalus Systems Holding Inc.

Recent News

Indiana Municipal Power Agency Selects Tantalus' AI-Powered TRUGrid(TM) Analytics to Enhance Reliability for Member Utilities

Burnaby, British Columbia--(Newsfile Corp. - June 25, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that the Indiana Municipal Power Agency ("IMPA") will be deploying Tantalus' AI-powered TRUGrid Reliability and TRUGrid Transformer analytics across all 19 of its member utilities participating in the Agency's AMI program with Tantalus. This groundbreaking deployment, funded by the Grid...

2025-06-25 7:00 AM EDT

Riverside Public Utilities Expands Grid Modernization Investment With Tantalus

Burnaby, British Columbia--(Newsfile Corp. - June 12, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that Riverside Public Utilities ("RPU"), serving approximately 180,000 electric and water customers throughout Riverside, California, has selected Tantalus as its technology partner to expand its grid modernization efforts. The deployment represents a major step forward for RPU to improve the...

2025-06-12 7:00 AM EDT

Tantalus Systems Announces Voting Results for Annual General and Special Meeting

Burnaby, British Columbia--(Newsfile Corp. - June 10, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, today announced the voting results of the Company's annual general and special meeting of shareholders held on June 10, 2025 (the "Meeting"). Election of DirectorsThe following eight nominees of management were elected as directors at the Meeting. The voting results for the...

2025-06-10 5:00 PM EDT

Tantalus Systems Holding Inc. Reports First Quarter 2025 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - May 7, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the three-month period ended March 31, 2025.All amounts presented in this news release are in United States dollars ("U.S. dollars") and all amounts presented in the attached financial tables are in thousands of U.S....

2025-05-07 6:30 PM EDT

Tantalus Releases its Third Annual Utility of the Future Survey

Burnaby, British Columbia--(Newsfile Corp. - April 29, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced the findings of its third annual Utility of the Future Survey at the Tantalus Users Conference today in Indianapolis, Indiana. Fielded between January 2025 and April 2025, the survey includes responses from 103 utilities across North America and reflects their concerns, priorities, and...

2025-04-29 6:00 AM EDT

Tantalus to Report First Quarter 2025 Financial Results on May 7, 2025

Burnaby, British Columbia--(Newsfile Corp. - April 22, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grid by harnessing the power of data, is pleased to announce that the Company will release its financial results for the quarter ended March 31, 2025 after the market closes on Wednesday, May 7, 2025. The Company will hold a conference call and webcast to discuss the financial results on Thursday,...

2025-04-22 7:00 AM EDT

Reading Municipal Light Department Selects Tantalus Systems to Accelerate Grid Modernization

Burnaby, British Columbia--(Newsfile Corp. - March 24, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus"), a smart grid technology company, today announced its strategic partnership with Reading Municipal Light Department ("RMLD"), a leading municipal electric utility in Massachusetts, to modernize RMLD's distribution grid. This significant investment aligns with RMLD's core mission to enhance reliability, lower costs and utilize increasingly non-carbon energy for its customers.The Tantalus Grid Modernization Platform™ ("TGMP™") will play a pivotal role in transforming RMLD's infrastructure into...

2025-03-24 7:00 AM EDT

Tantalus Systems Holding Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - March 19, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the three-month period and full year ended December 31, 2024.All amounts are presented in this news release are in United States dollars ("U.S. dollars"), unless otherwise indicated.Q4 2024 FINANCIAL HIGHLIGHTSRevenue increased by 21% year-over-year...

2025-03-19 6:55 PM EDT

Tantalus Systems Announces Appointment of Christopher Allen as Chief Operating Officer and Executive Vice President of Solution Strategy

Burnaby, British Columbia--(Newsfile Corp. - February 24, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TNTLF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today that Christopher Allen has been appointed as its Chief Operating Officer (COO) and Executive Vice President (EVP) of Solution Strategy, effective February 24, 2025. Mr. Allen brings 30 years of experience from various high-growth and competitive technology sectors to Tantalus. His career...

2025-02-24 7:00 AM EST

Tantalus to Report Fourth Quarter and Year End 2024 Audited Financial Results on March 19, 2025

Burnaby, British Columbia--(Newsfile Corp. - February 19, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TNTLF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grid by harnessing the power of data, is pleased to announce that the Company will release its fourth quarter and year end 2024 audited financial results after the market closes on Wednesday, March 19, 2025. The Company will hold a conference call and webcast to discuss the financial results on Thursday,...

2025-02-19 7:00 AM EST

Tantalus Begins Trading on the OTCQX Best Market Under Symbol TNTLF

Burnaby, British Columbia--(Newsfile Corp. - February 11, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TNTLF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today it has qualified to trade on the OTCQX® Best Market. Effective today, common shares of Tantalus will continue to trade on the Toronto Stock Exchange (TSX) under the symbol "GRID" and on the OTCQX under the symbol "TNTLF". The OTCQX Best Market...

2025-02-11 7:00 AM EST

Tantalus Systems Announces Appointment of Azim Lalani as Chief Financial Officer

Burnaby, British Columbia--(Newsfile Corp. - January 13, 2025) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today that Azim Lalani has been appointed as its Chief Financial Officer ("CFO"), effective January 13, 2025. He will replace the current Tantalus CFO, George Reznik, who will be leaving the Company on January 24, 2025. "We are truly appreciative of the contributions made by...

2025-01-13 7:00 AM EST

Tantalus Systems Expands Its Board of Directors

Burnaby, British Columbia--(Newsfile Corp. - December 3, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today the appointment of two new members to its Board of Directors: Kristi Honey and Dave McLennan. These additions expand the background and skill set of the Board as Tantalus seeks to gain sustained scale and growth, bringing cybersecurity expertise from the Canadian power industry...

2024-12-03 7:00 AM EST

Tantalus' TRUSense Cellular Gateway Certified by PTCRB

Approval marks final step in the commercialization of the cellular version of the TRUSense Gateway™Burnaby, British Columbia--(Newsfile Corp. - November 21, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that the PCS Type Certification Review Board ("PTCRB") has certified the TRUSense Cellular Gateway ("TCG"). Completing this step means that the TCG is approved to communicate on cellular...

2024-11-21 5:00 PM EST

Tantalus Systems Holding Inc. Reports Financial Results for Three and Nine Months Ended September 30, 2024

Burnaby, British Columbia--(Newsfile Corp. - November 13, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the quarter and nine months ended September 30, 2024. Financial & Operating Highlights for Q3 20241:Sales Orders: The Company converted $7.3 million (CND$10.0 million) from its sales pipeline during the quarter, bringing total orders through...

2024-11-13 5:43 PM EST

Tantalus to Report Third Quarter 2024 Financial Results on November 14, 2024

Burnaby, British Columbia--(Newsfile Corp. - October 24, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a grid modernization technology company focused on helping utilities harness the power of data to modernize the grid, is pleased to announce that the Company will release its financial results for the quarter ended September 30, 2024, after the market closes on Wednesday, November 13, 2024. The Company will hold a conference call and webcast to discuss the financial results on Thursday, November...

2024-10-24 7:00 AM EDT

Tantalus' TRUSense Cellular Gateway Receives Certification from FCC

Burnaby, British Columbia--(Newsfile Corp. - September 23, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that the United States Federal Communications Commission ("FCC") has granted an equipment authorization certification to the TRUSense Cellular Gateway ("TCG"). The TRUSense Gateway product suite (including the cellular, fiber and ethernet versions) accelerates and simplifies a utility's journey to becoming more reliable,...

2024-09-23 7:00 AM EDT

Tantalus Systems Holding Inc. Reports Financial Results for Q2 and First Half of 2024

Burnaby, British Columbia--(Newsfile Corp. - August 6, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the quarter and six months ended June 30, 2024. Financial & Operating Highlights for Q2 20241:Sales Orders: The Company converted $32.9 million (CND$44.7 million) of orders from its sales pipeline during the first six months...

2024-08-06 5:50 PM EDT

Tantalus Launches the TRUFlex(TM) Protect Advanced Load Shed Solution

Burnaby, British Columbia--(Newsfile Corp. - July 31, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce the launch of TRUFlex™ Protect, an advanced software application designed to help utilities navigate imbalances between the supply and demand of electricity resulting from extreme weather or emergency events. With TRUFlex Protect, a utility can mitigate the risks and impact of rolling...

2024-07-31 5:00 PM EDT

Tantalus Systems Announces Voting Results for Annual General Meeting

Burnaby, British Columbia--(Newsfile Corp. - July 23, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, today announced the voting results of the Company's annual general meeting of shareholders held on July 23, 2024 (the "Meeting"). Election of DirectorsThe following six nominees of management were elected as directors at the Meeting. The voting results for the election of each director...

2024-07-23 5:00 PM EDT

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