ARE
AECON GROUP INC
stock TSE

Monitor the best BSB stockpickers [from the 2026 contest](https://docs.google.com/spreadsheets/d/1wbluSfSxlanF5klcKoOuOmrLpndsaRzWlCujQUVPZTs/), thanks atWork Office Furniture Canada! Who are generously sponsoring the winner with a $1,000 credit plus free nationwide delivery.
**Monday:**
# CAE USA awarded $300 million recompete contract to continue U.S. Air Force C-130 Hercules aircrew training - CAE.tse
>CAE USA won a $300M competitive recompete contract from the U.S. Air Force to remain prime contractor for the C-130H Aircrew Training System through December 2035, nine more years. The work covers instruction, maintenance, logistics, cybersecurity and system upgrades at Little Rock AFB and four other U.S. bases. The program uses nine full-mission simulators and more than 45 training devices. The release does not state the award's currency. 
# AtkinsRéalis joint venture books $1.7 billion contract for refurbishment of Unit 5 of the Pickering CANDU Nuclear Generating Station - ATRL.tse/ARE.tse
>AtkinsRéalis subsidiary Candu Energy, in a joint venture with Aecon, signed a three-year, $1.7B contract with Ontario Power Generation to begin Unit 5 work on the Pickering nuclear station's retube, feeder and boiler replacement project. The contract covers engineering, design, project delivery and program management. Similar work on Units 6–8 is expected later, pending regulatory approval. AtkinsRéalis' share was not disclosed; it will be added to Nuclear backlog in Q3 2026. This release says the AtkinsRéalis JV is 50/50, which puts AtkinsRéalis' share at about $850M.
# infinitii ai launches overflow risk mitigation & regulatory compliance system for water utilities at WEFTEC 2026 - IAI.cse
>infinitii ai will launch an overflow risk mitigation and regulatory compliance module for its flowworks platform at WEFTEC 2026 in New Orleans, Sept. 28–30. The software monitors sewer overflow conditions across the whole system in real time and automatically produces audit-ready event reports for regulators. It runs on data customers already collect and needs no new sensors. Pricing, customers and expected revenue were not disclosed. 
# Aecon teams awarded contracts with aggregate value of $3 billion for the Pickering Nuclear Generating Station Refurbishment - ARE.tse
>Aecon's joint venture with AtkinsRéalis and its consortium with Siemens Energy won Ontario Power Generation contracts worth $3B in total for the Pickering nuclear refurbishment. Aecon's $1.75B share goes into Q3 2026 Construction backlog. The contracts are a $1.7B Unit 5 retube, feeder and boiler replacement (a 50/50 JV with AtkinsRéalis) and a $1.3B turbine generator replacement, where Aecon holds the majority interest. Execution is expected to start in January 2027, pending regulatory approval. 
**Tuesday:**
# 5N+ to Expand St. George, Utah Production Facility by 50% to Support Future Growth - VNP.tse
>5N Plus plans to expand its St. George, Utah facility by about 50% to add capacity for semiconductor materials used in defence, space solar, medical imaging and industrial sensing. Construction is expected to start in Q3 2026 and finish in the second half of 2027. The project will be funded within existing capital expenditure plans, with some customer support. It follows two recent U.S. government awards. Project cost and expected revenue impact were not disclosed. 
# Rock Tech Lithium and Siemens Canada Sign Agreements to Bring Advanced German Engineering to Ontario Lithium Converter Project - RCK.v
>Rock Tech signed agreements with Siemens Canada. Siemens will build a digital process twin of the planned Red Rock lithium converter in Ontario. It will also support the definitive feasibility study (DFS) on process control, instrumentation and automation architecture. The agreements are the first implementation phase under a March 2026 MOU. The DFS began in late June and is expected to be finished by mid-December 2026. Contract value and financial terms were not disclosed. 
# Zedcor Announces Expanded Agreement with Leading National Convenience Store Retailer to Deploy 50 Towers Across 20 States - ZDC.v
>Zedcor signed an expanded deployment of 50 more MobileyeZ security towers with an unnamed national U.S. convenience store retailer, across stores in 20 states. It follows a pilot and brings the company's total towers with this customer to 53. Zedcor calls it an initial rollout that could grow through 2027 and beyond. The customer, contract value, pricing and term were not disclosed. 
# PyroGenesis Receives Project Certification from Tata Steel for Major Steel Plant Project - PYR.tse
>PyroGenesis subsidiary Pyro Green-Gas received Tata Steel's Final Acceptance Certificate for a coke-oven gas purification and hydrogen extraction system at the Kalinganagar, India plant. This ends the one-year defects liability period that began after completion in July 2025, and Tata Steel now takes over operation. The system processes 32,000 m³/hour of coke-oven gas and yields 620 m³/hour of 99.999%-purity hydrogen. The contract value and any remaining payments were not disclosed.
**Wednesday:**
# Thinkific Reorganizes to Focus Investments on Growth Opportunities and Maximize Free Cash Flow - THNC.tse
>Thinkific cut 96 positions to refocus on Thinkific Plus, its mid-market and enterprise offering. It expects about US19Mingrossannualizedsavings,mostlyrealizedinQ42026.ItexpectsroughlyUS5M in restructuring charges, mainly in Q3 2026, and targets free cash flow margins of 25% or more in F2027. Q3 revenue guidance of US18.6M–18.9M was reaffirmed and is tracking the high end. Adjusted EBITDA guidance was raised to 7–10% of revenue from 2–5%, excluding restructuring costs.
# CHAR Tech Nears Final Mechanical Installation at Thorold Facility - YES.v
>CHAR Tech has started installing pyrogas treatment piping at its Thorold facility, owned 50/50 with BMI Group. It is the last major mechanical construction step for Phase 1. Commercial operations are still targeted to ramp up through October, with production and revenue rising through the end of 2026. Phase 1 capacity is up to 5,000 tonnes a year of biocarbon, with offtakers including ArcelorMittal Dofasco. Offtake pricing and Phase 2 costs were not disclosed.
**Thursday:**
**x**
**Friday**

**x**

Monitor the best BSB stockpickers [from the 2026 contest](https://docs.google.com/spreadsheets/d/1wbluSfSxlanF5klcKoOuOmrLpndsaRzWlCujQUVPZTs/), thanks atWork Office Furniture Canada! Who are generously sponsoring the winner with a $1,000 credit plus free nationwide delivery.
**Monday:**
# CAE USA awarded $300 million recompete contract to continue U.S. Air Force C-130 Hercules aircrew training - CAE.tse
>CAE USA won a $300M competitive recompete contract from the U.S. Air Force to remain prime contractor for the C-130H Aircrew Training System through December 2035, nine more years. The work covers instruction, maintenance, logistics, cybersecurity and system upgrades at Little Rock AFB and four other U.S. bases. The program uses nine full-mission simulators and more than 45 training devices. The release does not state the award's currency. 
# AtkinsRéalis joint venture books $1.7 billion contract for refurbishment of Unit 5 of the Pickering CANDU Nuclear Generating Station - ATRL.tse/ARE.tse
>AtkinsRéalis subsidiary Candu Energy, in a joint venture with Aecon, signed a three-year, $1.7B contract with Ontario Power Generation to begin Unit 5 work on the Pickering nuclear station's retube, feeder and boiler replacement project. The contract covers engineering, design, project delivery and program management. Similar work on Units 6–8 is expected later, pending regulatory approval. AtkinsRéalis' share was not disclosed; it will be added to Nuclear backlog in Q3 2026. This release says the AtkinsRéalis JV is 50/50, which puts AtkinsRéalis' share at about $850M.
# infinitii ai launches overflow risk mitigation & regulatory compliance system for water utilities at WEFTEC 2026 - IAI.cse
>infinitii ai will launch an overflow risk mitigation and regulatory compliance module for its flowworks platform at WEFTEC 2026 in New Orleans, Sept. 28–30. The software monitors sewer overflow conditions across the whole system in real time and automatically produces audit-ready event reports for regulators. It runs on data customers already collect and needs no new sensors. Pricing, customers and expected revenue were not disclosed. 
# Aecon teams awarded contracts with aggregate value of $3 billion for the Pickering Nuclear Generating Station Refurbishment - ARE.tse
>Aecon's joint venture with AtkinsRéalis and its consortium with Siemens Energy won Ontario Power Generation contracts worth $3B in total for the Pickering nuclear refurbishment. Aecon's $1.75B share goes into Q3 2026 Construction backlog. The contracts are a $1.7B Unit 5 retube, feeder and boiler replacement (a 50/50 JV with AtkinsRéalis) and a $1.3B turbine generator replacement, where Aecon holds the majority interest. Execution is expected to start in January 2027, pending regulatory approval. 
**Tuesday:**
# 5N+ to Expand St. George, Utah Production Facility by 50% to Support Future Growth - VNP.tse
>5N Plus plans to expand its St. George, Utah facility by about 50% to add capacity for semiconductor materials used in defence, space solar, medical imaging and industrial sensing. Construction is expected to start in Q3 2026 and finish in the second half of 2027. The project will be funded within existing capital expenditure plans, with some customer support. It follows two recent U.S. government awards. Project cost and expected revenue impact were not disclosed. 
# Rock Tech Lithium and Siemens Canada Sign Agreements to Bring Advanced German Engineering to Ontario Lithium Converter Project - RCK.v
>Rock Tech signed agreements with Siemens Canada. Siemens will build a digital process twin of the planned Red Rock lithium converter in Ontario. It will also support the definitive feasibility study (DFS) on process control, instrumentation and automation architecture. The agreements are the first implementation phase under a March 2026 MOU. The DFS began in late June and is expected to be finished by mid-December 2026. Contract value and financial terms were not disclosed. 
# Zedcor Announces Expanded Agreement with Leading National Convenience Store Retailer to Deploy 50 Towers Across 20 States - ZDC.v
>Zedcor signed an expanded deployment of 50 more MobileyeZ security towers with an unnamed national U.S. convenience store retailer, across stores in 20 states. It follows a pilot and brings the company's total towers with this customer to 53. Zedcor calls it an initial rollout that could grow through 2027 and beyond. The customer, contract value, pricing and term were not disclosed. 
# PyroGenesis Receives Project Certification from Tata Steel for Major Steel Plant Project - PYR.tse
>PyroGenesis subsidiary Pyro Green-Gas received Tata Steel's Final Acceptance Certificate for a coke-oven gas purification and hydrogen extraction system at the Kalinganagar, India plant. This ends the one-year defects liability period that began after completion in July 2025, and Tata Steel now takes over operation. The system processes 32,000 m³/hour of coke-oven gas and yields 620 m³/hour of 99.999%-purity hydrogen. The contract value and any remaining payments were not disclosed.
**Wednesday:**
# Thinkific Reorganizes to Focus Investments on Growth Opportunities and Maximize Free Cash Flow - THNC.tse
>Thinkific cut 96 positions to refocus on Thinkific Plus, its mid-market and enterprise offering. It expects about US19Mingrossannualizedsavings,mostlyrealizedinQ42026.ItexpectsroughlyUS5M in restructuring charges, mainly in Q3 2026, and targets free cash flow margins of 25% or more in F2027. Q3 revenue guidance of US18.6M–18.9M was reaffirmed and is tracking the high end. Adjusted EBITDA guidance was raised to 7–10% of revenue from 2–5%, excluding restructuring costs.
# CHAR Tech Nears Final Mechanical Installation at Thorold Facility - YES.v
>CHAR Tech has started installing pyrogas treatment piping at its Thorold facility, owned 50/50 with BMI Group. It is the last major mechanical construction step for Phase 1. Commercial operations are still targeted to ramp up through October, with production and revenue rising through the end of 2026. Phase 1 capacity is up to 5,000 tonnes a year of biocarbon, with offtakers including ArcelorMittal Dofasco. Offtake pricing and Phase 2 costs were not disclosed.
**Thursday:**
**x**
**Friday**

**x**