Tantalus' TRUSense Ethernet Gateway Receives Underwriter Laboratories Certification
Burnaby, British Columbia--(Newsfile Corp. - July 22, 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 TRUSense Ethernet Gateway ("TEG") has been certified as conforming to Underwriters Laboratories ("UL®") standards pursuant to UL 2745. Receiving this certification validates that the TEG satisfies the necessary electric...
2024-07-22 7:00 AM EDT
Tantalus to Report Second Quarter 2024 Financial Results on August 6, 2024
Burnaby, British Columbia--(Newsfile Corp. - July 15, 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 June 30, 2024, after the market closes on Tuesday, August 6, 2024. The Company will hold a conference call and webcast to discuss the financial results on...
2024-07-15 5:00 PM EDT
Tantalus Reaches 300 Utility Customers with Addition of Henderson Municipal Power & Light
Burnaby, British Columbia--(Newsfile Corp. - June 26, 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 its user community recently reached 300 utilities with the selection of Tantalus by Henderson Municipal Power & Light ("HMP&L"). The deployment of the Tantalus Grid Modernization Platform™ with TRUSense Fiber Gateways will help...
2024-06-26 7:00 AM EDT
Tantalus Systems Holding Inc. Completes $10 Million Bought Deal Financing
Burnaby, British Columbia--(Newsfile Corp. - May 23, 2024) - Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing by issuing an aggregate of 6,250,000 common shares (the "Common Shares") from the treasury of the Company at a price of C$1.60 per Common Share (the "Offering Price") for total gross proceeds of approximately C$10 million (the "Offering") pursuant to the terms of an...
2024-05-23 8:36 AM EDT
Tantalus Systems Holding Inc. Reports Financial Results for Q1 of 2024
Burnaby, British Columbia--(Newsfile Corp. - May 7, 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 ended March 31, 2024. Financial Highlights for Q1 20241: Sales Orders: The Company converted US$21.6 million (CND$29.2 million) of orders from its sales pipeline during Q1 2024. This...
2024-05-07 6:52 PM EDT
Tantalus Releases Results of its Second Annual Utility of the Future Survey
Burnaby, British Columbia--(Newsfile Corp. - May 2, 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 findings of its second annual Utility of the Future Survey. The survey was fielded between January and April 2024 and included responses from 160 respondents across Tantalus' user community. It reflects utilities' concerns,...
2024-05-02 7:01 AM EDT
Tantalus to Report First Quarter 2024 Financial Results on May 7, 2024
Burnaby, British Columbia--(Newsfile Corp. - April 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 March 31, 2024, after the market closes on Tuesday, May 7, 2024. The Company will hold a conference call and webcast to discuss the financial results on...
2024-04-24 7:00 AM EDT
Tantalus' TRUSense Gateway(TM) Receives Underwriter Laboratories Certification
Burnaby, British Columbia--(Newsfile Corp. - April 22, 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 Underwriters Laboratories ("UL®") has certified that the TRUSense Fiber Gateway ("TFG") meets UL's safety requirements. The certification for the TFG is also applicable for the TRUSense Cellular Gateway (TCG). Receiving this...
2024-04-22 7:00 AM EDT
Bolivar Energy Authority Selects Tantalus Grid Modernization Platform(TM) and TRUSense Gateway(TM) Solution
Burnaby, British Columbia--(Newsfile Corp. - April 8, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a grid modernization technology company focused on helping utilities harness the power of data, today announced that after a competitive evaluation process, Bolivar Energy Authority (BEA) selected the Tantalus Grid Modernization Platform (TGMP™) to modernize their distribution grid. Leveraging the TRUSense Fiber Gateway to harness the full capabilities of BEA's advanced...
2024-04-08 7:00 AM EDT
United Illuminating Selects TRUSense Gateway(TM) Solution from Tantalus for Innovative Pilot Program
Burnaby, British Columbia--(Newsfile Corp. - April 2, 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 Illuminating Company (UI) will deploy a pilot program that includes the TRUSense Gateway as part of the first round of the Innovative Energy Solutions (IES) Program designed and led by the Connecticut Public...
2024-04-02 7:00 AM EDT
Tantalus Systems Holding Inc. Reports Financial Results for Q4 and Fiscal Year of 2023
Burnaby, British Columbia--(Newsfile Corp. - March 26, 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 ("Q4") and fiscal year ("FY") ended December 31, 2023. Financial Highlights for FY 2023 and Q4 20231: Revenue: The Company generated the highest annual revenue in its history of...
2024-03-26 4:11 PM EDT
Tantalus to Report Fourth Quarter & Year End 2023 Audited Financial Results on March 26, 2024
Burnaby, British Columbia--(Newsfile Corp. - February 29, 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 Company will release its fourth quarter and year end 2023 audited financial results after the market closes on Tuesday, March 26, 2024. The Company will hold a conference call and webcast to discuss the financial...
2024-02-29 7:00 AM EST
Tantalus Launches TRUGrid(TM) Transformer to Accelerate Grid Modernization
Burnaby, British Columbia--(Newsfile Corp. - February 7, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping utilities harness the power of data, today announced the commercial launch of its data analytics capability, TRUGrid™ Transformer, which is actively being deployed by a growing number of utilities across North America. TRUGrid Transformer is an expansion of Tantalus' TRUGrid Automation suite of AI-enabled data...
2024-02-07 7:00 AM EST
Tantalus Launches a Breakthrough Technology Platform to Help Utilities Modernize Their Distribution Grids
Burnaby, British Columbia--(Newsfile Corp. - January 30, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, announces the launch of the Tantalus Grid Modernization Platform™ (TGMP™), including TRUSync, an industry-defining grid data management system. TGMP is a technology platform that helps utilities accelerate their grid modernization efforts. The platform includes a smart grid...
2024-01-30 7:00 AM EST
Tantalus Systems Holding Inc. Reports Financial Results for Q3 of 2023
Burnaby, British Columbia--(Newsfile Corp. - November 7, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce its financial and operating results for the quarter ended September 30, 2023 ("Q3"). Financial Highlights for Q31: Revenue: Generated $10.1 million (CND$13.6 million), representing 12% growth over the prior year period. Revenue in Q3 from the Utility...
2023-11-07 5:28 PM EST
Tantalus to Report Third Quarter 2023 Financial Results on November 7, 2023
Burnaby, British Columbia--(Newsfile Corp. - October 18, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce that the Company will release its financial results for the quarter ended September 30, 2023 after the market closes on Tuesday, November 7, 2023. The Company will hold a conference call and webcast to discuss the financial results on Wednesday, November...
2023-10-18 5:00 PM EDT
Tantalus Announces Start of TRUSense Fiber Gateway Field Trials
Burnaby, British Columbia--(Newsfile Corp. - September 6, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce the start of field trials for the TRUSense™ Fiber Gateway ("TFG"). The TRUSense Gateway serves as a multi-purpose socket-based device that accelerates the modernization of the distribution grid for utilities and delivers secure and interoperable...
2023-09-06 7:00 AM EDT
Tantalus Systems Holding Inc. Reports Financial Results for Q2 of 2023
Burnaby, British Columbia--(Newsfile Corp. - August 14, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce its financial and operating results for the quarter ended June 30, 2023 ("Q2"). Financial Highlights for Q21: Revenue: Generated $11.2 million (CND$15.0 million), representing 24% growth over the prior year period and setting a new milestone for revenue...
2023-08-14 5:52 PM EDT
Tantalus to Report Second Quarter 2023 Financial Results on August 14, 2023
Burnaby, British Columbia--(Newsfile Corp. - July 12, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce that the Company will release its financial results for the quarter ended June 30, 2023 after the market closes on Monday, August 14, 2023. The Company will hold a conference call and webcast to discuss the financial results on Tuesday, August 15, 2023, at...
2023-07-12 5:00 PM EDT
Tantalus Secures Term Loan from Export Development Canada to Support the Launch of the TRUSense(TM) Gateway
Burnaby, British Columbia--(Newsfile Corp. - June 30, 2023) - Tantalus Systems (TSX: GRID) ("Tantalus"), a smart grid technology company focused on helping build sustainable utilities for the future, is pleased to announce that it has secured a debt facility with Export Development Canada ("EDC"), a Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. This loan from EDC will provide Tantalus with up to US$7.0 million of capital to support the...
2023-06-30 7:00 AM EDT