Clear Blue Technologies Selected to Provide Cloud-based, Smart Off-Grid Power Solutions to Viasat’s Community Internet Sites in Nigeria
12 Abril 2022 - 8:30AM
Clear Blue Technologies (TSXV: CBLU), the market leader in smart
off-grid power technology, today announced Viasat (NASDAQ: VSAT),
has selected Clear Blue’s Nano-Grid and new Pico-Grid power
products to provide reliable, low-cost, clean energy solutions and
management services at Viasat’s satellite-based Community Internet
locations in Nigeria.
For this initiative, Clear Blue will provide its ground-breaking
product, Pico-Grid. Pico-Grid uses Clear Blue’s cloud-based, smart
off-grid systems and hardware architecture, designed specifically
for Internet of Things (IoT) and Wi-Fi/satellite internet
applications. A new product, Pico-Grid joins Clear Blue’s Illumient
Smart City and Nano-Grid telecom products as the Company’s third
line of innovative smart off-grid power technologies. Pico-Grid has
the potential to support many more thousands of users in both the
growing satellite internet sector and other new IoT verticals.
“Viasat’s Community Internet solution helps bring digital and
social inclusion to remote and hard-to-reach communities by making
high-quality satellite internet available,” said Miriam Tuerk,
co-founder and CEO of Clear Blue Technologies. “Clear Blue is
working with Viasat to provide smart off-grid power systems and
management services at these sites. The market opportunity that
satellite creates has been a core strategic focus for us over the
past three years, and it is exciting to see the pico-grid products
in the field as a result.”
Closing the Access Gap: Power and Connectivity
Viasat’s Community Internet solution aims to connect underserved
and unconnected people around the globe, in locations where large
gaps exist between demand and the affordability and availability of
internet services. Specifically in Nigeria, Viasat selected Clear
Blue’s Nano-Grid and Pico-Grid technology to provide an
environmentally friendly, reliable source of power with
corresponding management services, to help keep users
connected.
About Clear Blue Technologies International (TSXV:
CBLU)
Clear Blue delivers clean, managed, wireless
power – anywhere and anytime. Using patented Smart Off-Grid
technology, delivered through the Energy-as-a-Service business
model, to manage lighting, telecom, Internet of Things devices, and
other critical systems worldwide. Clear Blue has thousands of
systems under management across 37 countries, including the U.S.
and Canada. Clear Blue is publicly traded on the Toronto Venture
Exchange under the symbol CBLU, on the Frankfurt Stock Exchange
(FRA: 0YA) and on the OTC venture exchange (OTCQB: CBUTF). Learn
more at www.clearbluetechnologies.com.
Investor Relations:Miriam TuerkCo-Founder and
CEO+1-416-433-3952miriam@clearbluetechnologies.comwww.clearbluetechnologies.com/en/investors
Nikhil Thadani, Sophic Capital
+1 437 836 9669
Nik@SophicCapital.com
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.
Forward-Looking Statement
This press release contains certain
"forward-looking information" and/or "forward-looking statements"
within the meaning of applicable securities laws. Such
forward-looking information and forward-looking statements are not
representative of historical facts or information or current
condition, but instead represent only Clear Blue’s beliefs
regarding future events, plans or objectives, many of which, by
their nature, are inherently uncertain and outside of Clear Blue's
control. Generally, such forward-looking information or
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or may contain
statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "will continue", "will occur"
or "will be achieved". The forward-looking information contained
herein may include, but is not limited to, information concerning
the future phases of contracts or project or future value of
contracts or project for any mentioned parties.
By identifying such information and statements
in this manner, Clear Blue is alerting the reader that such
information and statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Clear Blue to be
materially different from those expressed or implied by such
information and statements.
An investment in securities of Clear Blue is
speculative and subject to several risks including, without
limitation, the risks discussed under the heading "Risk Factors" in
Clear Blue's listing application dated July 12, 2018. Although
Clear Blue has attempted to identify important factors that could
cause actual results to differ materially from those contained in
the forward-looking information and forward-looking statements,
there may be other factors that cause results not to be as
anticipated, estimated or intended.
In connection with the forward-looking
information and forward-looking statements contained in this press
release, Clear Blue has made certain assumptions. Although Clear
Blue believes that the assumptions and factors used in preparing,
and the expectations contained in, the forward-looking information
and statements are reasonable, undue reliance should not be placed
on such information and statements, and no assurance or guarantee
can be given that such forward-looking information and statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such information
and statements. The forward-looking information and forward-looking
statements contained in this press release are made as of the date
of this press release. All subsequent written and oral forward-
looking information and statements attributable to Clear Blue or
persons acting on its behalf is expressly qualified in its entirety
by this notice.
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