Who's doing deals in Ottawa?

OBJ Staff
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Thermal Energy International, DragonWave, Raytheon Canada and Espial Group are among the local companies recently announcing new agreements.

(Stock image)

Ottawa-based Thermal Energy International Inc. (TSXV: TMG) says it has received a follow-on order worth $120,000 for its GEM steam traps product. According to Thermal Energy, the customer is a “global diversified healthcare company.” This is the second order Thermal Energy has received from the customer in three months. “Like the initial order, this most recent order is for replacing steam traps from another manufacturer,” William Crossland, the CEO of Thermal Energy, said in a release.

DragonWave (TSX:DWI), a supplier of wireless broadband components based in Ottawa, is continuing its push into the Indian market. The company says it has inked a deal with Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, the second-largest company in India. The company is currently in the process of deploying a a 4G/LTE network across the country. The deal also includes services, which will be provided through DragonWave HFCL, a joint venture between DragonWave and India’s Himachal Futuristic Communications.

Raytheon Canada Ltd., an Ottawa-based subsidiary of Massachusetts-based Raytheon Company (NYSE:RTN), has received a five-year contract from Public Works and Government Services Canada to operate and maintain the North Warning System, a network of 47 radar sites that provides airspace surveillance to the polar regions of North America.

Raytheon says it has partnered with Collingwood-based Canadian Base Operators in the bid.

The company credited its value proposition under the Industrial and Regional Benefits Program, which includes high-tech training and job opportunities for Inuit communities, as part of the reason it won the contract.

"Providing the best solution at the best value, as well as our Inuit benefit offering, were key discriminators in our win," Pierre LeBlanc, NWS program manager for Raytheon Canada, said in a release. "RCL brings training as a core competency to develop a high-technology workforce in the north."

Ottawa's Espial Group (TSX: ESP) says it has signed a deal to license its TV browser to a “leading smart TV manufacturer, ranked globally in the top five.” The deal will see the browser used in Internet-connected smart TVs.

Organizations: Raytheon Company, DragonWave, TSX Thermal Energy International Inc. TSXV North Warning System Reliance Industries Himachal Futuristic Communications NYSE Public Works and Government Services Canada Canadian Base Operators Espial Group

Geographic location: Ottawa, India, North America Canada

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