01:14:16 EDT Tue 05 May 2026
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Clear Blue Technologies International Inc (2)
Symbol CBLU
Shares Issued 100,635,919
Close 2026-05-04 C$ 0.055
Market Cap C$ 5,534,976
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Clear Blue enters $500,000 contract

2026-05-04 17:05 ET - News Release

Ms. Miriam Tuerk reports

CLEAR BLUE TECHNOLOGIES PROVIDES CORPORATE UPDATE ON GROWTH OPPORTUNITIES

Clear Blue Technologies International Inc. has provided an update on its business operations.

Over the past two years, Clear Blue has developed a successful commercial partnership with one of the world's largest satellite service providers headquartered in Europe. The partnership, announced in December, 2025, resulted in a non-binding letter of intent for a multiyear supply agreement of its Pico-Plus product. Since then, 450 units (totalling approximately $625,000) have been purchased under the framework. The original LOI targeted approximately 15,000 potential deployments, and the company currently expects more than a total of 1,000 units will be ordered by 2026 year-end.

The relationship has since deepened with the inclusion of a low Earth orbit co-development contract, valued at $500,000, to integrate the company's proprietary power systems to deliver resilient Internet access for off-grid applications and offer resilient backup power for mission-critical security and defence infrastructure. The development project represents another application and large-scale market opportunity for its Pico-Plus product with the same client. The potential target markets for this offering include Africa, Europe, Canada and Southeast Asia.

As a result, Clear Blue has cemented its position in the industry with this beachhead customer, and has used the opportunity to respond to new market demands in satellite service, defence and critical infrastructure applications.

The company would like to highlight the following additional business development initiatives:

  • Early product testing with a leading Middle Eastern satellite service operator for a mobile communications product scoped for military, security and commercial applications;
  • Working with another European satellite communication service provider to develop Internet of Things-enabled products;
  • Creating partnership pathways with companies to provide an end-to-end satellite and power solution for Canada's Arctic sovereignty investments;
  • Collaborating with a global leader in commercial weather forecasting services to implement thunder and lightning alert services through satellite connectivity;
  • Following a successful two-site pilot in 2025, contract discussions are under way with an existing Clear Blue client to deploy a network of systems for security and border protection use in Africa.

Given the increasing geopolitical tensions and recognition of satellite connectivity, providing a backbone for secure communications, Clear Blue is capitalizing on the increased opportunities that expand its geographic reach outside of Africa. Military and defence applications are the focus along with the need for more critical infrastructure, which are well suited for the company's technologies and products.

Additionally, Clear Blue's Africa telecom activity continues its traction with approximately $2.0-million (Canadian) in purchase orders received year to date along with visibility of additional potential contracts throughout the rest of 2026.

On March 12, 2026, iSAT Africa, a Clear Blue customer, secured $15-million (U.S.) in financing from Mirova to support its telecom rollout in Liberia and Zambia. This financing is part of iSAT's broader 1,000-tower expansion strategy across sub-Saharan Africa. With the help of Clear Blue's smart power solutions, these towers will replace diesel-powered ones, resulting in significant costs and emission reductions.

Over all, Clear Blue's focus on satellite applications in response to improving market tailwinds has positioned the company for new growth opportunities. This has also led to other potential applications in critical infrastructure as governments and commercial entities recognize the value of distributed, smart power. The company's base business continues to perform, and the recent customer financing, along with a faster moving regulatory backdrop, is expected to help telecom deployments in Africa.

About Clear Blue Technologies International Inc.

Clear Blue Technologies provides smart off-grid power solutions and services for mission-critical infrastructure such as telecommunications, Internet of Things and street lighting. The company's technology enables cost savings, predictive maintenance and reliable power in remote or challenging environments.

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