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Type of Company:
Type:
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Company
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Ownership: |
Privately Held |
Company Size: |
80 Employees In BC (136 Total)
80 In BC (136 Total)
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Year Founded: |
1989 |
Sector: |
Information and Communications Technologies
InfoTech
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Region: |
Lower Mainland / South Coast
Lower Mainland
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Tags: |
utilities, metering, electric, energy, gas
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Profile Views: |
21,266 Company Profile Views |
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Tantalus provides Smart Grid communications technology that enables electric, gas & water utilities to optimize the use of resources by automating monitoring & control processes, improving operational efficiency, and delivering the information utilities and consumers need to manage energy intelligently and cost-effectively.
TUNet® - the Tantalus Utility Network - is deployed at utilities throughout North America determined to drive down operational costs, increase reliability and deliver top-tier customer service. TUNet provides the rapid and reliable two-way data communications utilities need today for Advanced Metering (AMI), Demand Response (DR), and Distribution Automation (DA), along with the flexibility and adaptability to scale step-by-step as the Smart Grid evolves.
Tantalus is a private company founded in 1989. Tantalus' technology development and administrative offices are located in Vancouver, British Columbia and its commercial offices are located in Raleigh, North Carolina. |
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Date |
Type |
Amount |
Investors |
Aug 12, 2021 |
Private Placement |
$10.6 Million CAD |
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Aug 4, 2021 |
Private Placement |
$10 Million CAD |
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Date |
Type |
Amount |
Investors |
Aug 12, 2021 |
Private Placement |
$10.6M CAD |
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Aug 4, 2021 |
Private Placement |
$10M CAD |
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Want More Tantalus Systems Corp. News? 1 2 3
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Jan 30, 2023
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Tantalus Systems Reports Strong Expected Financial Results, Q4 Revenue up 60% YoY to $16 Million ($53 Million Annual)
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Sep 12, 2022
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Tantalus Delivers 3 Millionth Intelligent Endpoint to Public Power and Electric Cooperative Utilities
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Jun 9, 2022
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Tantalus Systems Reports Financial Results for 1st Quarter 2022, Q1 Revenue Increased 16% to $9.3 Million
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Jun 8, 2022
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Tantalus Systems Wins Deal with Kandiyohi Power to Deploy and Validate its TUNet Technology
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Apr 4, 2022
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Smart Grid Technology Company Tantalus Systems Reports Financial Results for Fourth Quarter and Fiscal 2021
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Mar 2, 2022
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Tantalus Systems Wins Deal with Kansas Municipal Energy Agency to Deliver Purpose-Built Smart Grid Solutions to Its Member Utilities
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Feb 16, 2022
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Tantalus Systems Wins Deal With City of High Point To Digitize the City's Water and Gas Distribution System
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Feb 10, 2022
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Tantalus Systems Announces 2021 Business Highlights with Strong Momentum Heading into 2022 (Forecasts 20% - 25% Revenue Growth)
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Feb 3, 2022
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Smart Grid Tech Leader Tantalus Systems Acquires Congruitive for $10 Million (plus Earnout) to Accelerate the Digitization of the Electric Grid
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Dec 7, 2021
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Smart Grid Technology Leader Tantalus Systems Partners With Irby Utilities to Roll Out a Next-Generation Fiber Solution
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Disclaimer: Company Profiles in the Tech Directory on T-Net are created, edited and maintained primarily by employees within individual companies, and are subject to continual change without notice and possible errors and/or omissions. Information within the pages of this Tech Directory is of a general nature intended only for informational purposes, and such information should not be relied upon. T-Net does not warrant or guarantee the quality, accuracy or completeness of such information and expressly disclaims liability for any loss, inconvenience or damages (including special, indirect or consequential damages) caused as a result of any errors in, or omissions from, such information. If you see an error, please let us know. Copyright T-Net. All rights reserved.
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