Tantalus Systems Holding Inc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Peter A. Londa
- Full Time Employees
- 137
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 3555 Gilmore Way Burnaby BC Canada V5G 0B3
- IPO Date
- Nov 21, 2018
- Website
- tantalus.com
- Similar Companies
- Business
- Tantalus Systems Holding Inc. (TSX: GRID, OTCQX: TGMPF) provides smart grid solutions that enable utilities to modernize distribution grids through intelligent connected devices, communications networks, data management, enterprise applications, and analytics; its Tantalus Grid Modernization Platform (TGMP) delivers data interoperability across devices and systems from substations to behind-the-meter distributed energy resources. The company operates in two segments: Connected Devices and Infrastructure, which offers computing modules for meters, sensors, and street lighting fixtures; multi-relay load control switches; and communications infrastructure including base stations, repeaters, and collectors for industrial IoT networks; and Utility Software Applications and Services, which provides software licenses, SaaS subscriptions, hosting, professional services, and AI-enabled analytics. Core offerings include TRUConnect AMI for multi-commodity smart metering and connected devices; TRUFlex Load+DER Management for residential and commercial load control and demand flexibility; TRUGrid Automation for power quality anomaly detection and asset isolation; TRUSync Grid Data Management for automated data integration; and TRUSense Gateway solutions for Ethernet connectivity and grid reliability. Founded in 1989 and headquartered in Burnaby, British Columbia, Canada, with offices in Raleigh, North Carolina, and Norwalk, Connecticut, Tantalus serves public power and electric cooperative utilities primarily in Canada and the United States. Recent developments include a $10 million bought deal financing in May 2024 to fund R&D, sales expansion, and working capital; expanded partnership with EPB in Chattanooga, Tennessee, in July 2025 for 20,000 TRUSense Ethernet Gateways over five years plus metering upgrades; initial orders for TRUSense Gateway from 52 utilities as of November 2025; achievement of record Q3 2025 revenue of $14.2 million, up 22.5% year-over-year, with net income of $384,000 and ARR growth to $13.5 million; and a tariff modification to 19% on Philippine imports in July 2025, with the company absorbing 5%.
Company News
Cedar Grove Capital Q3 2026 Portfolio Update
Tantalus Systems Added to Nasdaq OMX Clean Edge Smart Grid Infrastructure Index and First Trust Smart Grid Infrastructure ETF (GRID)
Tantalus Systems and Calix to Leverage Fiber Networks for AMI Deployments
Tantalus Systems: Q2 Wasn't A Thesis Breaker, But I'm More Cautious
Tantalus Systems Q2 Earnings Call Highlights
Tantalus Systems Holding Inc. Delivers Record Revenue Results During Second Quarter 2026
Tantalus Systems: A Different Way To Play The Data Center Boom
Tantalus to Report Second Quarter 2026 Financial Results on August 5, 2026
Tantalus Systems Announces Debt Restructuring
Tantalus Systems: A High-Growth Smart Grid Play Trading At A Discount
Tantalus Systems Announces Voting Results for Annual General Meeting
Tantalus Announces New AI-Enabled Data Analytics Solutions to Help Utilities Accelerate Grid Modernization
Tantalus Systems Holding Inc. (GRID:CA) Q1 2026 Earnings Call Transcript
Tantalus Systems Holding Inc. Reports First Quarter 2026 Financial Results
Tantalus Releases Its Fourth Annual Utility of the Future Survey
Tantalus to Report First Quarter 2026 Financial Results on May 6, 2026
Tantalus Systems Holding Inc. (GRID:CA) Discusses Record Revenue and EBITDA Growth in Q4 and Year-End Results Overview Transcript
Tantalus Systems Holding Inc. (GRID:CA) Q4 2025 Earnings Call Transcript
Tantalus Systems Holding Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Tantalus Extends ERT License Agreement with Itron