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Clear Blue Technologies (TSXV: CBLU) signed a Letter of Intent on December 17, 2025 with Eutelsat for a three-year supply arrangement to support Eutelsat's Konnect WiFi rollout across Africa.
Initial purchase plans include ~100 units in December 2025 and a follow-on order of ~1,000 units, with the two initial orders valued at approximately CA$1.0M. The LOI targets cumulative volumes of ~15,000 Pico-Plus systems over three years, contingent on commercial demand. Deliveries are expected in 2026 and deployments will reach four African countries, integrating Clear Blue power systems with Eutelsat's GEO and LEO platforms.
Clear Blue Technologies International (CBUTD) will report Q3 2025 financial results on Wednesday, November 26, 2025 after market close and will host a conference call on Thursday, November 27, 2025 at 11:00 a.m. ET to provide a corporate update and discuss its outlook into 2026.
Investors and analysts can register to join the call via the company webinar registration link: https://us06web.zoom.us/webinar/register/WN_g5tAqTuDSaqC3Qlyl5HtfA.
Clear Blue Technologies (TSXV: CBUTD) provided a corporate update and preliminary Q3 2025 results on November 18, 2025, ahead of full financials on November 26, 2025.
Key metrics: Q3 revenue $953,972 and 9-month revenue $3,139,229 (up 158% and 43% respectively vs prior year); bookings $5,734,699 YTD (161% increase vs 2024); working capital ~$1,050,998. Adjusted EBITDA and net loss improved materially year-over-year, while operating expenses declined.
The company cited reduced R&D, lower debt and costs, expanded commercialization of four product lines, partnerships with Eutelsat, Cooper Lighting, iSat Africa, and utility customers, and a growing recurring revenue mix (6% to 20%).
Clear Blue (CBUTD) received a CA$1.5M order from partner iSat Africa for its Micro product to support an expanding telecom rollout in Democratic Republic of the Congo, South Sudan, Liberia, and Zambia. The systems are expected to ship throughout the next two quarters and may lead to follow-on contracts in 2026 and beyond. The order accompanies iSat's launch of an Energy-as-a-Service offering and builds on a partnership that began with a first purchase in 2020 and an MOU in 2022.
The announcement highlights Clear Blue's role in solar-powered telecom sites amid growing connectivity demand in Sub-Saharan Africa.
Clear Blue Technologies (CBUTD) will showcase its Pico Smart Off-Grid product with Eutelsat at AfricaCom 2025 in Cape Town. The Pico platform pairs cloud-based intelligent power management with Eutelsat satellite connectivity to support remote telecom and IoT deployments in areas with limited electricity.
The demonstration is at Eutelsat Booth #E61 during November 11–13, 2025, and will highlight Power Aware Link integration for satellite WiFi and off-grid communications infrastructure.
Clear Blue Technologies (TSXV: CBLU) has launched a pilot program with a Canadian provincial electric utility to provide Smart Off-Grid power solutions for agricultural applications in Saskatchewan. The technology will power water pumps for cattle in remote Prairie locations where traditional power infrastructure is costly and poses fire risks.
The company expanded its partnership following a successful 2024 pilot of solar lighting systems that proved effective in challenging Prairie conditions, including 17-hour nights and extreme temperatures of -40C. This new pilot aims to demonstrate Clear Blue's reliability in powering IoT applications for agriculture.
Additionally, the company announced the approval of 5,055,950 stock options and RSUs for directors and senior management, with options priced at $0.08 per share.
Clear Blue Technologies (TSXV: CBLU) reported its Q2 2025 financial results, showing significant improvements in key metrics. Revenue reached $1.13 million, up 12% year-over-year, with a notable 44% gross margin of $493,824. The company achieved a 69% improvement in Adjusted EBITDA to ($225,434).
For the first half of 2025, revenue increased 20% to $2.19 million, while bookings stood at $4.24 million. The company's "Clear Blue 2.0" strategy focuses on three key markets: Africa's telecom transition from diesel, satellite internet expansion, and smart solar lighting solutions. The initiative emphasizes improved unit economics, profitability, and scalable revenue growth.