EJQ6 - Fall 2025 - Journal - Page 30
Hot Sector News
ONE OF THE COMPANIES riding the power grid modernization movement is Tantalus
Systems (TSX: GRID), a Burnaby, B.C.-based technology company dedicated to
helping utilities modernize their distribution grids by harnessing the power of data.
The company’s Q1 data included an increase in revenue by 27 per cent year-over-year
to $11.9 million. The stock is trading near 52-week highs.
“Our team at Tantalus got o昀昀 to a solid start in 2025 by delivering a new milestone for
revenue generated in the 昀椀rst quarter of a calendar year, and we are encouraged by
the continued growth in our software and services segment as utilities embrace our
data-centric approach to grid modernization,” said Peter Londa, President & CEO of
Tantalus. “Our data-driven platform o昀昀ers utilities a secure, 昀氀exible and a昀昀ordable
path to make sustained progress with their modernization e昀昀orts amid the current
economic uncertainty. Tantalus is helping utilities generate additional value from
existing infrastructure to improve e昀케ciency, reliability and resiliency regardless of the
current economic headwinds.”
We asked Gianluca Tucci, Research Analyst at Haywood Securities Inc. to provide his
expert opinion on the value proposition of Tantalus in light of market turmoil.
What are your thoughts on Tantalus Systems and its role in the clean energy and grid
modernization sector in Canada?
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