Clear Blue Technologies Named One of Canada’s Top Growing Companies by The Globe and Mail
September 24 2021 - 9:40AM
Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV:
CBLU), the Smart Off-Grid™ Company, is pleased to announce that it
has been featured on the 2021 Report on Business ranking of
Canada’s Top Growing Companies by The Globe and Mail.
Canada’s Top Growing Companies ranks Canadian
companies on three-year revenue growth. Clear Blue Technologies
earned its spot with a three-year growth of 75%.
“Our recognition by The Globe and Mail is a
testament to the continued growth of our company, the strength of
our team, and our dedication to sustainable and accessible smart
off-grid power for all. We have a large global addressable market,
an opportunity pipeline of $450 million, across the 37 countries
where we currently operate, which is building,” said Miriam Tuerk,
CEO and co-Founder of Clear Blue. "As we indicated in our Q2 2021
MD&A, the global market for telecom tower power systems was
US$4.47 billion in 2021 and is expected to grow at a 3.25% CAGR to
US$5.25 billion in 2026, according to a report by Mordor
Intelligence Market Research. With our current market share of
under 1%, within this addressable market, we look forward to
continued successes by our team”.
Clear Blue Technologies, the Smart Off-Grid
company, was founded on a vision of delivering clean, managed,
“wireless power” to meet the global need for reliable, low-cost,
off-grid power for lighting, telecom, security, Internet of Things
devices, and other critical systems. Recently, Clear Blue signed
major partnerships with companies such as Parallel Wireless, NURAN
and Facebook Research.
About Canada’s Top Growing
Companies
Launched in 2019, Canada’s Top Growing Companies
editorial ranking aims to celebrate entrepreneurial achievement in
Canada by identifying and amplifying the success of growth-minded,
independent businesses in Canada. It is a voluntary program;
companies had to complete an in-depth application process in order
to qualify. In total, 448 companies earned a spot on this year’s
ranking.
The full list of 2021 winners, and accompanying
editorial coverage, is published in the October issue of Report on
Business magazine—out now—and online.
“As we look toward the future, Canada’s Top Growing
Companies offer both inspiration and practical insights for other
firms facing similar challenges,” said James Cowan, Editor of
Report on Business magazine. “The entrepreneurs behind these
companies are smart, tenacious and unwavering in their commitment
to their goals.”
“Any business leader seeking inspiration should
look no further than the 448 businesses on this year’s Report on
Business ranking of Canada’s Top Growing Companies,” says Phillip
Crawley, Publisher and CEO of The Globe and Mail. “Their growth
helps to make Canada a better place, and we are proud to bring
their stories to our readers.”
About Clear Blue Technologies
Clear Blue Technologies International, the Smart
Off-Grid™ company, was founded on a vision of delivering clean,
managed, “wireless power” to meet the global need for reliable,
low-cost, solar and hybrid power for lighting, telecom, security,
Internet of Things devices, and other mission-critical systems.
Today, Clear Blue has thousands of systems under management across
37 countries, including the U.S. and Canada. (TSXV: CBLU) (FRA:
0YA) (OTCQB: CBUTF)
Legal Disclaimer
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Investor Relations:Miriam
TuerkCo-Founder and
CEO+1-416-433-3952miriam@clearbluetechnologies.comhttp://www.clearbluetechnologies.com/en/investors
Investor Relations:Nikhil
ThadaniSophic Capital+1-437-836-9669nik@sophiccapital.com
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media
company, leading the national discussion and causing policy change
through brave and independent journalism since 1844. With
award-winning coverage of business, politics and national affairs,
The Globe and Mail newspaper reaches 6.4 million readers every week
in print or digital formats, and Report on Business magazine
reaches 2 million readers in print and digital every issue. The
Globe and Mail’s investment in innovative data science means that
as the world continues to change, so does The Globe. The Globe and
Mail is owned by Woodbridge, the investment arm of the Thomson
family.
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