Welcome to our dedicated page for Edge Total news (Ticker: UNFYF), a resource for investors and traders seeking the latest updates and insights on Edge Total stock.
Edge Total Intelligence Inc. reports news on its real-time digital twin and decision intelligence software for defense, enterprise, industrial, and mission-critical operations. Company updates often center on edgeCore™, a platform that unifies operational telemetry, workflows, analytics, AI, enterprise applications, and legacy systems into a real-time operational intelligence layer across on-premises, cloud, and hybrid environments.
Recurring developments include Oracle Cloud Infrastructure compatibility, contract renewals, defense maritime and aviation awards through the Australian business unit, and financial results tied to procurement cycles, liquidity, and capital-structure activity. News also covers completed technology acquisitions and licensing, expansion into maritime and industrial markets, and governance changes connected to leadership and capital markets readiness.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has been recognized in Gartner's Emerging Tech: The Future of Digital Business Units (DBU) report as a sample tech provider supporting DBUs. The company's partner, North Wind Group, was also acknowledged as a sample enterprise with DBUs, utilizing edgeTI's edgeCore™ platform alongside its environmental, reclamation, and construction services.
According to Gartner, Digital Business Units are defined as enterprise segments that create new digital-based businesses serving traditional vertical industries or domain arenas. These units often both partner and compete with traditional technology and service providers. The report highlights that traditional enterprises in manufacturing, finance, and oil and gas are investing in separate DBUs to leverage their vertical domain expertise and digital technology for enhanced customer service and revenue growth.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) announced a loan restructuring with CEO Jim Barrett's company, ConnertonA The original unsecured subordinated promissory note of US$550,055 from February 2021, amended in January 2023, has been converted into a new convertible note worth US$673,813 (including US$123,758 in accrued interest).
The new convertible note maintains an 8% annual interest rate and extends maturity to October 30, 2026. Notably, the note can be converted into subordinate voting shares at CAD$0.63 per share until maturity. This restructuring represents a Related Party Transaction under MI 61-101, though the company is exempt from formal valuation and minority approval requirements. The transaction requires TSXV approval, and issued securities will have a four-month and one-day hold period.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has provided an update on its edgeCore Client Proxy (ECP) progress since April 2024. ECP enables seamless integration of GUI components across enterprise software systems, creating purpose-built interfaces optimized for efficiency.
The company reports that ECP has exceeded expectations in reducing build time and accelerating customer value realization, improving ROI and cashflow break-even timelines. Over eight months, the development team has successfully built ECP interfaces for various business software and AI platforms, including Google Trends, OpenAI, HubSpot, SalesForce, AWS services, and numerous other business operations tools.
According to CTO Scott Lesley, ECP's unique feature is its ability to work with the edgeCore platform to orchestrate AI, Applications, and Data across zero-trust security domains, which is essential for Digital Twins implementation.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has announced its participation in the 2025 AFCEA WEST Conference in San Diego from January 28-30, 2025. The company will showcase its edgeCore platform, featuring Digital Twin and secure Data Mesh capabilities, at Booth 1048.
The edgeCore platform, which has achieved the highest readiness level (TRL9), enables organizations to create real-time Data Mesh without requiring additional data repositories. The solution facilitates faster AI/ML adoption by securely leveraging existing data assets and mission systems across domains, typically implementing within weeks and at lower costs compared to traditional integration methods.
The platform specifically addresses the Combined Joint All Domain Command and Control (CJADC2) requirements for the Department of Defense, aiming to provide commanders with enhanced data socialization capabilities at reduced costs.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announced key leadership changes. Mel Wesley resigned as Director on January 7, 2025, and was subsequently appointed to the company's Industry Advisory Council (IAC). Brian Groody, Global Vice-President at Baker Hughes, was appointed as Director on January 9, 2025.
Wesley, who joined as independent Director in August 2023, brings 25 years of experience as CFO and Senior Executive, with expertise in CyberSecurity and high-tech exits involving NASDAQ-listed companies. He becomes the 5th member of the IAC.
Groody brings 28 years of industry experience, currently serving as Global Vice-President in Baker Hughes' Oilfield Services and Equipment segment. He received options to purchase 100,000 shares at CAD$0.60 per share, vesting over three years.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has appointed Michael Ostrom, Managing Director of TrailRunner International, to its Industry Advisory Council. This marks the second addition to what will become a team of 5-7 advisors working with CEO Jim Barrett, who leads Forbes Tech Council's Digital Twin Group.
Ostrom brings over 20 years of experience in strategic solutions for engineering, transportation, and technology industries. He holds multiple patents related to behavioral, demographic, and spatial data applications, including work on predictive traffic models and traffic light prediction systems. His expertise spans autonomous vehicles, electrification, and digital transformation.
The Industry Advisory Council aims to accelerate the deployment of edgeCore™ digital twin solutions, enhancing situational awareness for commercial and government customers. Ostrom, a Yale School of Management alumnus and former CEO/CIO, will focus on advancing capabilities in engineering, transportation, and technology sectors while introducing new customers.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFY) has announced several debt-related transactions. The company will convert US$673,813 of debt owed to CEO Jim Barrett into a subordinated secured convertible promissory note bearing 8% annual interest, maturing October 30, 2026, convertible at CAD$0.63 per share.
Additionally, EdgeTI amended its loan agreement with Salem Investment Partners IV, extending the maturity date from January 1, 2024 to September 30, 2026. The loan terms include an interest rate increase from 6% to 8% effective January 2025, and scheduled repayments of $400,000 upon signing and $600,000 by September 2025. The company also extended the maturity date of related party convertible promissory notes from January 20, 2026 to October 30, 2026.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has appointed Christopher Leichtweis to its Industry Advisory Council as its fourth advisor. Leichtweis, former CEO of North Wind Group and current CEO of AERO-B Motorsports and Applied, brings extensive experience in the Architecture, Engineering and Construction (AEC) sector. At North Wind Group, he achieved over 1000% organic growth and implemented EdgeTI's Digital Twin platform. Previously, he founded Safety and Ecology , growing it to a $105M worldwide business. As a former EdgeTI customer, Leichtweis joins existing advisors David Kris, Michael Ostrum, and Timothy Faulkner to drive Digital Twins adoption and safeguard AI solutions.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announces its potential to advance quantum computing through its digital twin platform integration. The announcement follows Google's recent blog post about their new quantum computing chip, Willow, which reportedly can perform computations in under five minutes that would take current supercomputers 10 septillion years. The company's edgeCore™ digital twin platform aims to enhance operational efficiency and enable real-time simulations and predictive analytics by leveraging quantum systems capabilities.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has been recognized in Gartner's Hype Cycle for Revenue and Sales Technology, 2024 as a Sample Vendor in the Digital Twin of a Customer (DToC) category. The company's edgeCore™ Digital Twin platform addresses the challenge of integrating scattered sales and customer data across multiple channels.
The platform creates dynamic virtual representations of customers that can simulate, emulate, and anticipate behavior. This technology helps organizations monitor and orchestrate connections between buyers and sellers throughout customer lifecycles, solving data silo issues across digital and physical channels. The company offers demonstrations and free evaluations of their Digital Twins solution through their website.