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Combination of Calix Optical Network Terminal and Tantalus' TRUSense Gateway™ meets increasing demand for fiber-based, data-centric AMI deployments Burnaby, British Columbia--(Newsfile Corp. - August 27, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today that it is working with Calix, Inc. (NYSE: CALX) ("Calix") to jointly bring fiber-enabled applications to electric cooperative and municipal utilities. Calix, an AI platform company, enables service providers to transform their operations and accelerate delivery of differentiated experiences, so they can compete and win in the markets and communities they serve.

Tantalus Systems Holding Inc. (GRID:CA) Discusses Q2 Performance Highlights and Opens Q&A Session Transcript

Tantalus Systems delivered mixed Q2 results, prompting a downgrade from Buy to Hold due to increased uncertainty around shareholder returns. Revenue grew 18% and gross margin expanded to 54.9%, but ARR growth slowed to 13% and free cash flow turned sharply negative. TRUSense adoption accelerated, with utilities moving from pilots to deployments and 30% of new customers coming from outside the existing base.

Tantalus Systems TSE: GRID reported record second-quarter revenue as utilities increased spending on distribution-grid modernization, while the company expanded adoption of its TRUSense Gateway platform and strengthened its liquidity position.

Tantalus Systems Holding Inc. (GRID:CA) Q2 2026 Earnings Call Transcript

Burnaby, British Columbia--(Newsfile Corp. - August 5, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the three-month period ended June 30, 2026 (and as compared with the second quarter of 2025). All amounts presented in this news release are in United States dollars ("U.S. dollars"), unless otherwise indicated.