Vancouver’s Recon Instruments Integrates SAP’s Augmented Reality Apps Into Smartglasses


Vancouver’s Recon Instruments has announced a partnership to integrate SAP’s augmented reality (AR) mobile apps into its virtual reality eyewear. This is immediately following news from Recon Instruments that its Jet eyewear is almost ready to ship from its factory in San Jose, California and will begin arriving in customer’s hands circa April 16. The […]

ViXS is still a buy, says Paradigm Capital


Following the company’s fourth quarter results yesterday, Paradigm Capital analyst Daniel Kim maintained his bullish stance on ViXS (TSX:VXS). Yesterday, ViXS reported its fourth quarter and fiscal 2015 results. In the fourth quarter, the company lost $3.8-million on revenue of $11.2-million, a 60% bump over last year’s $7.0-million Q4 topline. “In fiscal 2015, ViXS executed […]

Urthecast rises after fourth quarter results


Shares of Urthecast (TSX:UR) are up today after the company reported its fourth quarter and fiscal 2014 results. In 2014, the company lost $5.72-million on revenue of $3.94-million. The result compared favorably to the $19.2-million loss the company reported in fiscal 2013. The fourth quarter saw Urthecast report its first ever revenue. The company generated […]

Baylin’s bad fourth quarter was just a blip, says Paradigm

Shares of Baylin Technologies are off slighly since its November IPO, but M Partners analyst Steven Kraft expects the valuation gap between the company and its peers will close as it continues to outperform.

Baylin Technologies’ (TSX:BYL) “disappointing” fourth quarter results will soon be forgotten, says Paradigm Capital analyst Daniel Kim. On Friday, Baylin reported its fourth quarter and fiscal 2014 results. In Q4, the company lost $4.9-million on revenue of $9.44-million. “In fiscal 2014, we saw our infrastructure and broadband product line sales track ahead of our expectations, […]

DataWind gets $7.00 target at Industrial Alliance Securities


Canada’s DataWind (TSX:DW) is solving issues of affordability and infrastructure and enabling mobile internet adoption in emerging markets, says Industrial Alliance Securities analyst Steve Li. In a research report to clients yesterday, Li initiated coverage of DataWind with a “Speculative Buy” rating and $7.00 one year target price, implying a return of 274% at the […]

Clearpath Robotics Raises $14 Million Series A Funding Round


Kitchener’s Clearpath Robotics has raised a $14 million ($11.2 million U.S.) Series A fundraising round, led by New York-based RRE Ventures with an assist from iNovia Capital. RRE co-founder and managing partner Stuart Ellman will join Clearpath’s board of directors. “RRE was our first choice from the beginning,” said Clearpath CEO and co-founder Matt Rendall. […]

Spectra7 Microsystems has huge upside, says Global Maxfin


Analog integrated circuit designer Spectra7 Microsystems (TSXV:SEV) has the potential to be a disruptor in the consumer electronics space, says Global Maxfin Capital analyst Manish Grigo. In a research report to clients Monday, Grigo initiated coverage on Spectra7 Microsystems with a “Strong Buy” recommendation and 12-month target price of $1.00, implying a return of 69.5% […]

DataWind’s smart phone deal is a key milestone, says Haywood

datawind smartphones

DataWind’s (TSX:DW) deal to bundle internet browsing on three new smart phone models is a key milestone for the company that should allow it better and faster penetration of the Indian market, says Haywood analyst Massimo Voci. This morning, DataWind announced it will partner with carrier Reliance Communications to offer unlimited browsing on three new […]

Mood Media is showing “military-like” execution, says Euro Pacific

mood media

Mood Media’s (TSX:MM) fourth quarter results show that its turnaround is in the hands of a management team that is executing with “military like” precision, says Euro Pacific Canada analyst Rob Goff. On Thursday after market, Mood Media posted its fourth quarter and fiscal 2014 results. In Q4, the company posted EBITDA of $28.9-million on […]

Kanata’s Ranovus Developing Standards for Data Centre Transmission

Ranovus Inc. CEO Hamid Arabzadeh

Kanata-based Ranovus Inc., a supplier of ultra-fast connection technologies for data centre and communications networks, has collaborated with Mellanox Technologies, Ltd. in a proposal to develop standards relating to wavelength division processing, enabling data to be streamed at a rate of terabits per second over a single fiber. That is a mouthful and difficult to […]