Organization: Alcatel Canada

UVic inks deal with Alcatel for NEPTUNE

The Univ of Victoria has signed a $39-million contract with Alcatel as part of a $62.4-million US-Canada project to create the world’s largest cable-linked underwater observatory. Alcatel is responsible for designing, manufacturing and installing the 800-kilometre looped cable system in conjunction with Alcatel Canada, Nautronixx MariPro, San Diego CA and Satlantic, Halifax. Slated for completion…

Edgeflow Inc attracts US$24-million private placement

Star-up optical networking firm edgeflow Inc has received a private placement of US$24 million from a syndicate of investors, providing a major boost towards its next milestone of initiating customer trials for its optical add/drop switch (OADX). The investment marks the second financing the Kanata ON-based firm has received in recent months, following a $5.5-million…