The Investing News Network looks at highlights from the technology sector in the month of October in this video.
October was a busy month with numerous companies hosting events releasing products.
In the cleantech space, Vancouver-based Electra Meccanica (NASDAQ:SOLO) provided an update on preorder numbers for its cars, SOLO and Tofino. The company said that it received a combined 64,000 pre-orders which represents US$2.4 billion in potential sales.
Following the announcement, shares of the company jumped over 100 percent.
Azure Power has a portfolio of 3,000 MW across 23 states in India.
CDPQ said that India is a priority market and that the transaction fits perfectly with its desire to contribute as an investor, to a global low-carbon economy.
The partnership with Cisco will Patriot one in the effective commercial deployment of PATSCAN and its product acceleration. It was also said that Cisco will provide access to a global marketplace which could potentially result in the various deployment of PATSCAN.
Shares of Patriot One touched a 52-week high on the news of its partnership with Cisco.
The company said that a reclaimer bucket powered by PureGraph was tested on a high volume mining application and tests established that the wear life of mining equipment can be extended. It was said that the PureGraph increased strength to the base equipment.
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Securities Disclosure: I, Bala Yogesh, hold no direct investment interest in any company mentioned in this article.