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# BSB news For Week #182, April 13th 2026
watch the best stockpicker returns from [BSB stockpicking competition](https://docs.google.com/spreadsheets/d/1wbluSfSxlanF5klcKoOuOmrLpndsaRzWlCujQUVPZTs/) presented by atwork office furniture canada.
Monday:
# XORTX Announces Closing of Acquisition of Vectus Kidney Anti-fibrotic Asset - XORT.v
XORTX Therapeutics (NASDAQ: XRTX) closed its acquisition of Vectus Biosystems' VB4-P5 kidney anti-fibrotic program for US$3.0M, paid via 154,544 common shares and 692,150 pre-funded warrants at a deemed price of approximately US$3.54 each. The pre-IND stage asset targets chronic kidney disease fibrosis with no currently approved competing therapies. Patent coverage spans 30+ jurisdictions. The addressable U.S. market exceeds 10 million individuals. TSXV has conditionally approved listing of shares issued in the transaction.
# Clear Blue Technologies Announces Development Contract with Eutelsat to Support Low Earth Orbit Satellite Systems - CBLU.v
Clear Blue Technologies (TSXV: CBLU) secured a contract with Eutelsat under the European Space Agency's Sunrise Phase 2 Partnership Project to integrate its Smart Power solutions with Eutelsat's LEO satellite connectivity network. The contract value was not disclosed. This builds on a December 2025 Letter of Intent for a three-year supply agreement supporting Eutelsat's Konnect Wi-Fi rollout across Africa. The project is funded through Canada's cooperation agreement with ESA via the Canadian Space Agency.
# MDA SPACE UNVEILS SPACE CONTROL PLATFORM MDA MIDNIGHT™, DESIGNED TO DEFEND AND PROTECT THE SPACE DOMAIN - MDA.v
MDA Space (TSX: MDA, NYSE: MDA) announced MDA MIDNIGHT, a maneuverable spacecraft platform for defence organizations to detect, counter, and deter threats to space assets. Capabilities include on-orbit inspection, electronic countermeasures, satellite capture, and de-orbiting. The company is actively seeking military partnerships for upcoming missions. No contract values, development costs, revenue projections, or mission timelines were disclosed. The announcement represents a product-stage initiative leveraging existing MDA SKYMAKER and AURORA platforms.
# PowerBank Announces 5 MW AC Distributed Solar and Battery Energy Storage System Project in New York - SUNN.neo
PowerBank (NASDAQ: SUUN) signed a lease for a 5 MW hybrid solar-plus-battery storage project in upstate New York, potentially eligible for NYSERDA incentives. The project remains subject to interconnection approval, permitting, and financing. Separately, two previously sold solar projects (Gainesville, Highway 28) were returned to PowerBank after failing to receive permits; funds advanced will be refunded. The Hardie and Rice Road projects remain under construction with combined value of US$22.88M, targeting Q1 2027 commercial operation.

Tuesday:
# Haivision Launches Falkon X4, Powering a New Era of Ultra-Reliable 5G Video for Live Broadcast and Remote Production - HAI.tse
Haivision (TSX: HAI) launched the Falkon X4, a 5G mobile video transmitter for live sports and news remote production. The device features four-modem architecture with 5G/4G/satellite bonding, supports 4K/UHD/HDR video, and offers ultra-low latency on private 5G networks. No pricing, revenue projections, or order backlog were disclosed. The announcement is a product launch with no disclosed financial impact. The product debuts at the 2026 NAB Show.

Wednesday:
# Volatus Aerospace Secures Multi-Year Training Contract with NATO-Allied Government
Volatus Aerospace (TSX: FLT) secured a multi-year contract to provide specialist training to a NATO-allied government ministry. The initial two-year term, with renewal options, could reach approximately CAD$2.1M in aggregate value if all options are exercised. The contract covers advanced training program development for security and law enforcement personnel. The specific government client was not named, and per-year revenue breakdown was not disclosed. The award was obtained through competitive procurement.
Thursday:
# CHAR Tech Announces Planned Acquisition of Biocarbon Assets in Québec, Including 62,500 Tonne Offtake, Facility and IP - YES.v

CHAR Technologies (TSXV:YES) is acquiring a Québec-based biocarbon pellet production facility for US$1M, including proprietary IP and a binding 62,500-tonne offtake agreement over five years (12,500 tonnes/year). Per-tonne pricing is confidential. The facility has capacity for up to 15,000 tonnes/year after commercial upgrades. To fund the deal, CHAR Tech is securing a C$3.5M loan from Bioveld Canada at 12.5% interest, due October 2026, with 2M warrants issued at C$0.35. Closing expected within one week.
# Kraken Robotics Announces $28 Million in SeaPower Battery and Kraken SAS Orders - PNG.v
Kraken Robotics (TSX-V: PNG) secured approximately $28M in new orders from five clients, including two new customers, for its SeaPower batteries and Synthetic Aperture Sonar systems. Orders include battery contracts from three international defence companies and a SAS order from a new commercial UUV manufacturer. Kraken's products are now integrated into over 30 UUV platform types globally. The company's pending acquisition of Covelya Group remains expected to close in Q2 2026. Deal-specific pricing was not disclosed.
# Aether Global Innovations Provides Update On Proposed Arion Defense Acquisition And Trading Halt - AETH.cse
Aether Global Innovations (CSE: AETH) provided an update on its proposed acquisition of Arion Defense, which triggered a CSE trading halt as a "fundamental change" requiring shareholder and exchange approval. The deal would add counter-drone systems with active international military trials and a PNNL-licensed footwear screening platform. Arion is expected to complete a $1M private placement at closing. Acquisition price, revenue figures, and timeline were not disclosed. Completion is not assured.

Friday:
# BluMetric Announces $2.9 Million Contract Extension for Canadian Department of National Defence's Water Purification Systems - BLM.v
BluMetric Environmental (TSXV: BLM) signed a $2.9M contract extension with Canada's Department of National Defence for refurbishment, field service, and maintenance of Reverse Osmosis Water Purification Units. This extends a three-year Master Service Agreement initially valued at $5.8M, announced May 2025. Work is expected to be completed by year-end 2026. The combined contract value now totals $8.7M. No margin or per-unit pricing details were disclosed.
# Edge Total Intelligence Secures Another A$1.15 Million Maritime Naval Contract Through EdgeTI Australia Business Unit - CTRL.v
Edge Total Intelligence (TSXV: CTRL) secured an A$1.15M defence maritime contract through its Western Australia unit, bringing total bookings with an international prime shipbuilder to A$2.91M. The contract covers Navy and Border Force programs including acquisition data management, maintenance solutions, and on-vessel testing. The specific client was not named. Contract duration and margin details were not disclosed.

# BSB news For Week #182, April 13th 2026
watch the best stockpicker returns from [BSB stockpicking competition](https://docs.google.com/spreadsheets/d/1wbluSfSxlanF5klcKoOuOmrLpndsaRzWlCujQUVPZTs/) presented by atwork office furniture canada.
Monday:
# XORTX Announces Closing of Acquisition of Vectus Kidney Anti-fibrotic Asset - XORT.v
XORTX Therapeutics (NASDAQ: XRTX) closed its acquisition of Vectus Biosystems' VB4-P5 kidney anti-fibrotic program for US$3.0M, paid via 154,544 common shares and 692,150 pre-funded warrants at a deemed price of approximately US$3.54 each. The pre-IND stage asset targets chronic kidney disease fibrosis with no currently approved competing therapies. Patent coverage spans 30+ jurisdictions. The addressable U.S. market exceeds 10 million individuals. TSXV has conditionally approved listing of shares issued in the transaction.
# Clear Blue Technologies Announces Development Contract with Eutelsat to Support Low Earth Orbit Satellite Systems - CBLU.v
Clear Blue Technologies (TSXV: CBLU) secured a contract with Eutelsat under the European Space Agency's Sunrise Phase 2 Partnership Project to integrate its Smart Power solutions with Eutelsat's LEO satellite connectivity network. The contract value was not disclosed. This builds on a December 2025 Letter of Intent for a three-year supply agreement supporting Eutelsat's Konnect Wi-Fi rollout across Africa. The project is funded through Canada's cooperation agreement with ESA via the Canadian Space Agency.
# MDA SPACE UNVEILS SPACE CONTROL PLATFORM MDA MIDNIGHT™, DESIGNED TO DEFEND AND PROTECT THE SPACE DOMAIN - MDA.v
MDA Space (TSX: MDA, NYSE: MDA) announced MDA MIDNIGHT, a maneuverable spacecraft platform for defence organizations to detect, counter, and deter threats to space assets. Capabilities include on-orbit inspection, electronic countermeasures, satellite capture, and de-orbiting. The company is actively seeking military partnerships for upcoming missions. No contract values, development costs, revenue projections, or mission timelines were disclosed. The announcement represents a product-stage initiative leveraging existing MDA SKYMAKER and AURORA platforms.
# PowerBank Announces 5 MW AC Distributed Solar and Battery Energy Storage System Project in New York - SUNN.neo
PowerBank (NASDAQ: SUUN) signed a lease for a 5 MW hybrid solar-plus-battery storage project in upstate New York, potentially eligible for NYSERDA incentives. The project remains subject to interconnection approval, permitting, and financing. Separately, two previously sold solar projects (Gainesville, Highway 28) were returned to PowerBank after failing to receive permits; funds advanced will be refunded. The Hardie and Rice Road projects remain under construction with combined value of US$22.88M, targeting Q1 2027 commercial operation.

Tuesday:
# Haivision Launches Falkon X4, Powering a New Era of Ultra-Reliable 5G Video for Live Broadcast and Remote Production - HAI.tse
Haivision (TSX: HAI) launched the Falkon X4, a 5G mobile video transmitter for live sports and news remote production. The device features four-modem architecture with 5G/4G/satellite bonding, supports 4K/UHD/HDR video, and offers ultra-low latency on private 5G networks. No pricing, revenue projections, or order backlog were disclosed. The announcement is a product launch with no disclosed financial impact. The product debuts at the 2026 NAB Show.

Wednesday:
# Volatus Aerospace Secures Multi-Year Training Contract with NATO-Allied Government
Volatus Aerospace (TSX: FLT) secured a multi-year contract to provide specialist training to a NATO-allied government ministry. The initial two-year term, with renewal options, could reach approximately CAD$2.1M in aggregate value if all options are exercised. The contract covers advanced training program development for security and law enforcement personnel. The specific government client was not named, and per-year revenue breakdown was not disclosed. The award was obtained through competitive procurement.
Thursday:
# CHAR Tech Announces Planned Acquisition of Biocarbon Assets in Québec, Including 62,500 Tonne Offtake, Facility and IP - YES.v

CHAR Technologies (TSXV:YES) is acquiring a Québec-based biocarbon pellet production facility for US$1M, including proprietary IP and a binding 62,500-tonne offtake agreement over five years (12,500 tonnes/year). Per-tonne pricing is confidential. The facility has capacity for up to 15,000 tonnes/year after commercial upgrades. To fund the deal, CHAR Tech is securing a C$3.5M loan from Bioveld Canada at 12.5% interest, due October 2026, with 2M warrants issued at C$0.35. Closing expected within one week.
# Kraken Robotics Announces $28 Million in SeaPower Battery and Kraken SAS Orders - PNG.v
Kraken Robotics (TSX-V: PNG) secured approximately $28M in new orders from five clients, including two new customers, for its SeaPower batteries and Synthetic Aperture Sonar systems. Orders include battery contracts from three international defence companies and a SAS order from a new commercial UUV manufacturer. Kraken's products are now integrated into over 30 UUV platform types globally. The company's pending acquisition of Covelya Group remains expected to close in Q2 2026. Deal-specific pricing was not disclosed.
# Aether Global Innovations Provides Update On Proposed Arion Defense Acquisition And Trading Halt - AETH.cse
Aether Global Innovations (CSE: AETH) provided an update on its proposed acquisition of Arion Defense, which triggered a CSE trading halt as a "fundamental change" requiring shareholder and exchange approval. The deal would add counter-drone systems with active international military trials and a PNNL-licensed footwear screening platform. Arion is expected to complete a $1M private placement at closing. Acquisition price, revenue figures, and timeline were not disclosed. Completion is not assured.

Friday:
# BluMetric Announces $2.9 Million Contract Extension for Canadian Department of National Defence's Water Purification Systems - BLM.v
BluMetric Environmental (TSXV: BLM) signed a $2.9M contract extension with Canada's Department of National Defence for refurbishment, field service, and maintenance of Reverse Osmosis Water Purification Units. This extends a three-year Master Service Agreement initially valued at $5.8M, announced May 2025. Work is expected to be completed by year-end 2026. The combined contract value now totals $8.7M. No margin or per-unit pricing details were disclosed.
# Edge Total Intelligence Secures Another A$1.15 Million Maritime Naval Contract Through EdgeTI Australia Business Unit - CTRL.v
Edge Total Intelligence (TSXV: CTRL) secured an A$1.15M defence maritime contract through its Western Australia unit, bringing total bookings with an international prime shipbuilder to A$2.91M. The contract covers Navy and Border Force programs including acquisition data management, maintenance solutions, and on-vessel testing. The specific client was not named. Contract duration and margin details were not disclosed.