Tantalus Systems Holding Inc. (GRID.TO) TSX

Currency In CAD

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Tantalus Systems Holding Inc.

Address

3555 Gilmore Way

Burnaby, BC V5G 0B3

Canada

Phone

604 299 0458

Sector

Industrials

Industry

Electrical Equipment & Parts

Employees

134

First IPO Date

February 09, 2021

Key Executives

NameTitlePayYear Born
Peter A. LondaChief Executive Officer, President & Director1.22M1973
Azim LalaniChief Financial Officer338,710N/A
Douglass CampbellChief Solution Officer444,530N/A
Michael J. JulianChief Revenue Officer553,6441969
Michael GrandisGeneral Counsel, Chief Legal & Administrative Officer and Corporate Secretary630,2751975
Leena Al-HajjarChief People & Culture Officer0N/A
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Description

Tantalus Systems Holding Inc., headquartered in Burnaby, Canada, is a prominent smart grid technology provider serving utilities across North America and the Caribbean Basin. The company delivers an extensive portfolio of solutions designed to enhance the reliability, efficiency, and intelligence of electrical distribution grids. Its core offerings include TRUEdge Communication Modules, a Linux-based platform seamlessly integrating with various networked devices like meters, sensors, and switches, facilitating secure, real-time bidirectional data exchange across the utility's infrastructure. Complementing this are Tantalus Utility Network (TUNet) Infrastructure Devices, which collect near real-time operational data and control endpoints to significantly improve grid stability and performance. Tantalus also provides the TRUSense Fiber Gateway for fiber-to-the-home connectivity. On the software front, Tantalus offers TCC, a robust system for accumulating and processing near real-time data transmitted from the TUNet communications network. The TUNet Insight digital user interface serves as a comprehensive visualization tool, empowering utilities to monitor and manage their TUNet system. This interface supports a suite of critical utility applications, including advanced metering infrastructure (AMI), load management, distributed energy resource (DER) integration, grid optimization, and distribution automation. Further enhancing its software capabilities, C.IQ is a platform ensuring interoperability across a wide array of devices, while TRULight Intelligence provides advanced lighting control solutions. Beyond its product suite, Tantalus provides a full spectrum of professional services. These encompass program and project planning, radio frequency propagation and network systems design, system optimization, deployment assistance, third-party software and systems integration, and project management. The company also offers field maintenance, storm restoration, consulting, and training. Additionally, Tantalus delivers comprehensive project management services, including turnkey installations of meters and network infrastructure through strategic partnerships, along with managed services for monitoring TCC and network communications, issuing alerts, and planning disaster recovery. Dedicated technical support services round out their offerings.

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