Welcome to our dedicated page for Mcloud Technologies news (Ticker: MCLDF), a resource for investors and traders seeking the latest updates and insights on Mcloud Technologies stock.
mCloud Technologies Corp (MCLDF) delivers cloud-powered solutions that optimize energy-intensive asset performance through advanced analytics and industrial IoT. This news hub provides investors and industry professionals with essential updates on the company developments shaping asset management innovation.
Access authoritative coverage of MCLDF's strategic initiatives, including quarterly financial results, technology partnership announcements, and product innovation updates. Track progress on operational milestones including market expansion efforts and restructuring programs designed to enhance long-term competitiveness.
Our curated news collection enables informed analysis of mCloud's position in cloud-based asset optimization. Monitor developments in key focus areas like predictive maintenance solutions, energy efficiency initiatives, and strategic collaborations with industry leaders. All content undergoes rigorous verification to ensure factual accuracy and relevance.
Bookmark this page for streamlined access to MCLDF's evolving story in digital asset management. Return regularly to stay current with official announcements and expert analyses of the company's technological advancements and market positioning.
mCloud Technologies Corp. announced a 17-year agreement to implement its AssetCare solution at Vail Buick Dealership in Bedford Hills, NY, aimed at enhancing energy efficiency amid rising EV charging demands. Leveraging AI, solar power, and battery storage, the solution is projected to reduce energy costs by over 50% and minimize carbon footprints. Additionally, mCloud has signed Letters of Intent for 15 more dealerships in New York with a cumulative value exceeding $14 million. The company is targeting over 2,000 dealerships in New York and California, expanding its reach in the EV transition.
mCloud Technologies Corp. (TSX-V: MCLD, OTCQB: MCLDF) will report its year-end and fourth quarter 2021 earnings after market close on March 30, 2022. The Company will host a conference call on March 31, 2022, at 10:00 a.m. EDT, featuring remarks from CEO Russ McMeekin and CFO Chantal Schutz. Investors can access the call via telephone or a live audio webcast. mCloud offers AI-powered asset management solutions aimed at enhancing energy efficiency and maximizing production, boasting over 63,000 connected assets worldwide.
mCloud Technologies Corp. (Nasdaq: MCLD) has announced that warrants from its public offering will commence trading on Nasdaq under the symbol MCLDW. A total of 2,415,000 Warrants have been issued, allowing acquisition of shares at US$4.75 until November 29, 2026. The company also projects significant growth with plans to add over 10,000 AssetCare™ oil and gas assets in 2022, aiming for over 90,000 connected assets by year-end. Expected revenues for 2022 are between C$43 million and C$54 million, with a gross margin of 60-65%, showcasing anticipated strong growth aligned with ESG initiatives.
mCloud Technologies Corp. (Nasdaq: MCLD) announced a partnership with the Mercedes-EQ Formula E Team to utilize its AssetCare solutions, targeting emission reduction and improved indoor air quality. This collaboration coincides with the opening of Season 8 of the ABB FIA Formula E World Championship in Saudi Arabia on January 28-29. mCloud aims to enhance its ESG performance while showcasing the benefits of its AI-powered technologies. Recently, mCloud ranked 57th on Deloitte's Technology Fast 500™ list and uplisted to Nasdaq, marking significant growth.
On December 30, 2021, mCloud Technologies Corp. (Nasdaq: MCLD, TSXV: MCLD) announced the election of its board of directors during its Annual General Meeting. All nominees were approved, with voting percentages ranging from 96.53% to 98.85%. Shareholders also appointed KPMG LLP as auditors and re-approved the Company's Equity Incentive Plan, receiving 99.49% and 97.30% approval, respectively. mCloud specializes in AI-powered asset management solutions and has over 63,000 connected assets globally.
mCloud Technologies Corp. (Nasdaq: MCLD) has successfully closed an underwritten public offering, raising an aggregate of US$10,917,500 after an over-allotment option of 315,000 shares was exercised. The funds will support growth in Saudi Arabia and the Middle East, enhance ESG optimization, and general corporate purposes. Additionally, mCloud will provide updates on its AssetCare Fugitive Gas solution during a webinar on December 7, 2021, which aims to validate emissions solutions in collaboration with the Natural Gas Innovation Fund.
mCloud Technologies Corp. has announced a three-year agreement with Colliers Macaulay Nicolls Inc. to implement its AssetCare solution for HVAC and indoor air quality at Life Plaza in Calgary. This deployment marks mCloud's largest indoor air quality initiative, covering 18 floors and 235,000 square feet, set to renew in November 2025. The AI-driven solution improves air quality and energy efficiency by up to 25%, enhancing tenant safety and comfort. The integration also aligns with ESG goals by optimizing maintenance costs and delivering clean air standards.
