Tantalus Systems Partners with RMLD for Grid Modernization

Tantalus Systems Holding ( (TSE:GRID) ) has issued an announcement.

Tantalus Systems has partnered with Reading Municipal Light Department (RMLD) to modernize its distribution grid in Massachusetts. This collaboration will utilize Tantalus’ Grid Modernization Platform to enhance grid reliability, efficiency, and sustainability, supporting RMLD’s mission to provide reliable, low-cost, and non-carbon energy. The deployment of Tantalus’ technology will improve data interoperability, operational efficiency, and support the integration of distributed energy resources and electric vehicles, ultimately benefiting RMLD’s operations and customer satisfaction.

More about Tantalus Systems Holding

Tantalus Systems is a technology company focused on modernizing utility distribution grids through data-driven solutions. The company offers a grid modernization platform that includes intelligent connected devices, communications networks, data management, enterprise applications, and analytics, providing utilities with flexibility and advanced capabilities for future planning.

YTD Price Performance: -2.12%

Average Trading Volume: 45,104

Technical Sentiment Signal: Sell

Current Market Cap: C$90.39M

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