Lumenpulse may soon get acquisitive, says Euro Pacific

Lumenpulse worked with Swedish lighting designers Ljusarkitektur to tranform the Åre ski resort into "a magical experience after dark".

A solid Q2 may embolden Lumenpulse (TSX:LMP) to make an acquisition in the second half of its fiscal year, says Euro Pacific Canada analyst Andrej Krneta. Yesterday, Lumenpulse reported its Q2, 2015 results. The company earned $400,000 on revenue of $25.6-million, up 68% over last year’s Q2 topline. “The solid consolidated revenue growth achieved in […]

CRH Medical spikes after acquisition of Gastroenterology Anesthesia

CRH Medical May31-2012

Shares of Vancouver-based CRH Medical (TSX:CRH) rose sharply today after the company announced it had acquired Gastroenterology Anesthesia, a large provider of anesthesiology services to gastroenterologists in the southeastern United States. Under the terms of the agreement, CRH will pay (U.S.) $58.6-million for the company, plus an extra $14.6-million with four-and-a-half-years based on performance, bringing […]

Glentel sale to BCE caps decades-long history in mobile for family run business

Glentel CEO Tom Skidmore accepts the first ever Cantech Letter TSX Tech Stock of the Year Award from Editor Nick Waddell.

Shares of Burnaby-based Glentel (TSX:GLN) have doubled today on news that the company had agreed to be bought by BCE for approximately $670-million. For Glentel investors, the move caps a success story decades in the making. Glentel opened its first Wireless Wave store in Burnaby’s Metrotown in 1997, and went on to open nearly 500 […]

DragonWave rises after receiving more than $10-million in orders

dwi2

Shares of DragonWave (TSX:DWI, Nasdaq:DRWI) are up today after the company announced it has received orders for more than $10-milllion from an unnamed Tier One North American carrier. The company says much of the order will entail providing engineering planning and installation services to support upgrades to the company’s national 4G/LTE network. DragonWave will supply […]

Urthecast spikes after signing $65-million contract

urthecast

Shares of Urthecast (TSX:UR) are up today after the company announced it has inked a $65-million previously announced contract with an unnamed customer. The company says the contract, which will entail Urthecast providing earth imagery data and engineering and “value-added” services, includes a payment of 20% of the value of contract upfront. “The signing of […]

Spectra7 is making “significant” progress, says PI

Spectra7_-_Display_Direct™_-_2014-11-21_13.06.05

Third quarter results from Spectra7 Microsystems (TSXV:SEV) show that the company is making “significant progress” with its Virtual Reality chipsets, says PI analyst Pardeep Sangha. Yesterday, Spectra7 reported its Q3, 2014 results. The company lost (U.S.) $1.88-million on revenue of $1.65-million, up 49% from last year’s third quarter topline of $612,902. “Spectra7’s success with our […]

Air Quality Wearable TZOA Launches Kickstarter Campaign

Tzoa

A start-up called TZOA has launched a crowdfunding campaign to develop a wearable “enviro-tracker” device for monitoring air quality and UV metrics. As of now, 33 of 200 “early bird” $135 TZOA packages have been claimed. The smartphone app connected to the device is available for either iOS or Android platforms. TZOA will have an […]

Quebec City’s LeddarTech Raises $7 Million Through BDC and GO Capital

LeddarTech

Quebec City’s LeddarTech has raised $7 million in equity financing from BDC Capital and GO Capital. The company, which specializes in high-performance sensors with a variety of applications, will use the money to expand both its marketing efforts and manufacturing capacity. “This round of financing puts us in the position to bolster our go-to-market activities […]

Magellan Aerospace is a buy, says Paradigm

"The strength of the commercial aircraft market is holding," says Magellan Aerospace. "Boeing and Airbus maintain their positions that future demand for these aircraft is real".

Strong demand for commercial aircraft is leading to an increase in OEM production rates that is benefiting Magellan Aerospace (TSX:MAL), says Paradigm Capital analyst J. Marvin Wolff. On Monday, Magellan Aerospace reported its Q3, 2014 results. The company earned $13.03-million on revenue of $202.5-million, a figure that was up 11.9% over the $181.0-million topline the […]

Norsat is undervalued, says Global Maxfin’s Garcea

Chan: "We have this great product, now we want to take it down the technology curve. We are starting to look at high-end commercial customers such as utilities, transportation, oil and gas. They have fairly deep pockets and an extreme need for communications in remote environments."

Norsat (TSX:NII) has a stable current business, several opportunities for growth, and is trading below its industry peers, says Global Maxfin Capital analyst Ralph Garcea. Norsat yesterday reported its Q3, 2014 results. The company earned (U.S.) $967,588 on revenue of $8.1-million, a topline that was down 8% from last year’s third quarter. “Revenues for the […]