With its share price down 18.5 per cent since May, Echelon Wealth Partners analyst Amr Ezzat thinks it’s the perfect time for investors to be picking up some Pure Technologies (TSX:PUR). In a research update to clients today, Ezzat maintained his “Buy” rating and one-year price target of $7.00 on Pure Technologies, implying a return […]
Cortex is still cheap compared to its peers, says PI
A new customer win in the cleantech space is an example of Cortex Business Solutions’ (TSXV:CBX) improving ability to expand into new verticals, says PI analyst David Kwan. On Friday, Cortex announced a new three year contract with an unnamed client it described as “one of the largest overall producers of green energy in the […]
Asteroid mining could be aided by these cereal box-sized spacecraft
Scientists have come up with a new plan for mining asteroids and it involves launching a squadron of cereal box-sized robots at a nearby asteroid to detect the presence of precious metals. The NASA-funded MIDEA concept project (short for Meteoroid Impact Detection for Exploration of Asteroids) was proposed at the fall meeting of the American […]
Industrial Alliance lowers price target on Redline Communications
A weaker than expected quarter has Industrial Alliance Securities analyst Blair Abernethy lowering his price target on Redline Communications (TSX:RDL), though the analyst still thinks there is significant upside in the stock. Yesterday, Redline reported its Q3, 2016 results. The company lost (U.S.) $1.18-million on revenue of $5.2-milion, a topline that was up four per […]
SkySquirrel gets $500,000 loan to bring drone crop monitoring to French vineyards
Halifax AgTech drone company SkySquirrel Technologies has received a low-interest $500,000 loan from the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program, which the company will use to expand into helping to track and defeat a disease currently wreaking havoc in the vineyards of France and southern Europe. While the company began as a UAV […]
Saint Jean Carbon produces two samples of single-layer graphene
Oakville, Ontario carbon science company Saint Jean Carbon Inc. (TSXV:SJL) has produced two samples of single layer graphene, produced without any chemicals or any mechanical systems that would harm the high order of carbon structure and wettability. Graphene is a thin layer of pure carbon, bonded together in a hexagonal honeycomb lattice, composed of a […]
Canada’s new marijuana regulations meet predictable opposition
Health Canada has announced the merger of key aspects of the old Marihuana for Medical Purposes Regulations (MMPR) and Marihuana Medical Access Regulations (MMAR) into a new program called Access to Cannabis for Medical Purposes Regulations (ACMPR). The announcement represents the government’s response to a Federal Court judge’s ruling earlier this year, in the case […]
Oakville’s Saint Jean Carbon to work with NRC on developing graphene standards
Oakville, Ontario’s Saint Jean Carbon Inc. (TSXV:SJL) has been invited by the National Research Council of Canada (NRC) to participate as part of a special interest group that will develop and propose standards for graphene made by exfoliation methods from natural graphite. Saint Jean Carbon is a carbon science company engaged in exploration for natural […]
Montreal’s motorleaf raising capital on AgFunder to automate indoor farming
Montreal’s motorleaf, a provider of indoor growing hardware and software for the controlled environment agriculture (CEA) sector, has launched a $750,000 convertible equity financing campaign on AgFunder, an agriculture-focused online investment platform. Motorleaf’s automated indoor farming operating system consists of four hardware devices, each wireless mesh network enabled, and a software analytics platform, enabling growers […]
Canadian greenhouse gas monitoring satellite heads into orbit
Montreal’s GHGSat Inc. has successfully launched its first satellite, named CLAIRE, to measure greenhouse gas (GHG) emissions from industrial facilities around the world, aboard a Polar Satellite Launch Vehicle put into orbit by the Indian Space Research Organization in Sriharikota, India. Weighing 15 kilograms and costing $10 million, CLAIRE is the world’s first GHG emissions […]