Tantalus Systems

Tantalus is pleased to announce our 2024 Q4 earnings and year-end financial results!? ? Tantalus ended 2024 with a strong finish. Revenue for Q4 increased?by?21%?year-over-year?to $12.6?million,?setting a new milestone for revenue generated in a quarter.?We see continued momentum from the commercialization of one of our newest products, the TRUSense Gateway, which is currently being tested, piloted, and deployed by 27 utilities.? ? Q4 closed out a record year for Tantalus, with annual revenue of $44.3 million, representing 5.1% growth from 2023.?Tantalus also generated?positive Cash?Flow from?Operating Activities of $2.6 million, compared to negative $0.8 million in the prior year.? ? Thanks to all our customers, partners and employees who made this success possible. We look forward to continuing our strong momentum through 2025! ? Click below to read the full press release. ? #utilities #utilitiesindustry #grid #smartgrid #gridmodernization

Grid modernization is a priority for three out of four utilities. Are you one of them??If so, come visit Tantalus at?DISTRIBUTECH 2025! Join us at Booth No.6016 from March 24-27 at the Kay Bailey Hutchison Convention Center in Dallas to learn more about our suite of solutions that can boost your reliability and resilience while lowering your overall costs. Come harness the power of data and get the kind of visibility, command and control your utility needs. Click below to register, and we’ll see you there!

Tantalus' Chief Revenue Officer Mike Julian will be attending the APPA’s CEO & Utility Manager's Roundtable,?March 16-18?at Omni Amelia Island Resort in Fernanda Beach, Florida. ? This?is a great chance to explore the future of public power with peers and pioneers and discuss Tantalus' perspectives and insights into the challenges facing public power utilities. Many of our public power customers are accelerating their grid modernization initiatives, reaping the benefits of AMI 2.0 without costly rip-and-replace deployments, and boosting the resilience and reliability of their grids.? ? Register below to meet and connect with Mike! ? #grid #smartgrid #gridmodernization #utilities #utilitiesindustry?

Tantalus is heading to the Southeastern Meter School and Conference in Auburn, AL. Join us from March 17-20 as industry leaders come together to share insights and innovations in metering technology. ? Our very own Trevor West will be attending, ready to connect and discuss how Tantalus is empowering utilities with resilient and future-ready solutions. Don't miss your chance to chat with Trevor about the latest advancements in AMI, grid modernization, and operational efficiency! ? Register below and let's shape the future of metering together! #grid #smartgrid #gridmodernization #utilities #utilitiesindustry?

Join Tantalus at TechAdvantage 2025, the premier event for electric cooperative professionals. ? Visit Tantalus at Booth 935 to explore our latest innovations in grid modernization, and don't?miss our TechTalk session at 1:00PM March 11, "Reshape the energy landscape with grid-edge technology." Let's collaborate to harness the power of data and drive the evolution of electric grids. We look forward to connecting with you! ? The combined conference and expo runs March 9-12 at the Georgia World Congress Center in Atlanta, and offers the opportunity to delve into cutting-edge solutions shaping the future of the utility industry. ? Click the link below to register and see us there! ? #grid #smartgrid #gridmodernization #utilities #utilitiesindustry?

Tantalus is thrilled to announce the latest addition to our senior leadership team: our new Chief Operating Officer and Executive Vice President of Solution Strategy, Chris Allen! ? Chris joins us at Tantalus at the perfect time, as we're rapidly scaling our grid modernization solutions and preparing for our next phase of growth.? ? To learn more, check out our press release. ? #grid #smartgrid #gridmodernization #utilities #utilitiesindustry

Recently, Tantalus President and CEO Peter Londa spoke with Martin Gagel of Radius Research - Investments about Tantalus’ market development. More and more utilities are prioritizing grid modernization,?and Tantalus’ TRUSense Gateway solution is helping them accelerate those efforts. ? Additionally, Pete provided a deeper dive into the company’s overall momentum, key milestones for 2025, and its role in the emerging energy “supercycle,” defined by the rapid rise in electrical demand and the movement towards clean energy production. Get a look into how Tantalus is putting the power of TRUSense Gateway into the hands of utilities, and how that amplifies Tantalus' business success. ? Click the link below to watch the whole interview.? ? #grid #smartgrid #gridmodernization #utilities #utilitiesindustry?

The Upper Midwest Metering Association is hosting their annual Winter Event, providing a forum for utilities and solution providers to?both?discuss and tackle modern grid challenges together.? ? Tantalus'?own?Chris Christensen will be hosting a booth to talk with?existing customers and?utilities?looking for?who need?a smarter, more resilient grid. Whether that requires a tool to adjust load shedding during a crisis,?or a software suite to reduce operational expenses and provide better grid visibility, Tantalus can help.? ? Meet with Chris and ask about?the?Tantalus?suite of solutions (TRUSense Gateway, TRUFlex Protect,?TRUGrid?SCADA, TRUGrid Reliability,?and?TRUGrid Transformer) to?determine?which Tantalus solution is the best answer?to?the problems you're facing today. ? Click below to register for UMMA's Winter Meeting! ? #grid #smartgrid #gridmodernization #utilities #utilitiesindustry

Communities across the country are wrestling with increasingly severe weather-related disasters—including winter storms, wildfires, and hurricanes.?For utilities who serve those communities,?THIS?reinforces the importance?OF?having visibility, command, and control over distribution grids. ? Tantalus'?TRUFlex Protect is designed to give utilities exactly this?CONTROL. Tantalus recently hosted a webinar discussing TRUFlex Protect's?Capabilities and how utilities can best deploy this technology now to avoid catastrophe later. Click below to get access to the Webinar. #grid #smartgrid #gridmodernization #utilities #utilitiesindustry

With grid modernization remaining a top priority for most US utilities, the federal government is offering to help with the process.? ? Recently, Tantalus' Matt Haile?and Sadie Haire of Becker discussed how utilities can apply for and take advantage of these federal funds to help make their grids more resilient, reliable, safe and secure.? ? Click below to watch the recording of our recent webinar! #grid #smartgrid #gridmodernization #utilities #utilitiesindustry