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Telescope Innovations Corp ( (TSE:TELI) ) has shared an announcement.
Telescope Innovations reported second-quarter fiscal 2026 revenues of about $1.6 million, up from $1.0 million a year earlier, with year-to-date gross revenues nearly doubling to $4.3 million. The company posted an adjusted EBITDA loss of $0.7 million as it stepped up spending on technical hiring, sales, product fulfillment, and travel to support rapid growth.
Results were driven by the delivery of a second Self-Driving Laboratory to Pfizer and the international rollout of its SDL technology, highlighted by an inauguration event in South Korea backed by prominent industry partners. Telescope also expanded lab space at the University of British Columbia to advance its ReCRFT lithium carbonate recycling and DualPure lithium sulfide programs, validating battery-grade output and deepening partnerships in the solid-state battery sector.
Management said these milestones demonstrate strong market demand across its automation and lithium processing platforms and position the company to continue hitting technical and commercial targets this fiscal year. The progress underscores Telescope’s push to scale both its AI-enabled lab automation business and its lithium processing portfolio, reinforcing its positioning at the intersection of advanced materials, clean technology, and autonomous R&D infrastructure.
More about Telescope Innovations Corp
Telescope Innovations Corp. is a chemical technology company developing intelligent automation technologies and scalable manufacturing processes for the pharmaceutical and chemical industries. Its offerings include reaction sampling systems for real-time analysis, flexible robotic platforms, and AI-driven Self-Driving Labs that help biopharmaceutical, specialty chemical, and advanced materials companies accelerate process development and reduce time and costs from lab to market.
Average Trading Volume: 82,314
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$31.9M
Find detailed analytics on TELI stock on TipRanks’ Stock Analysis page.