News
Catch the Wind Announces Fully Marketed Offering of Common Shares
Feb 23, 2010
Catch the Wind Ltd. (TSX-V: CTW) announced today that it has entered into an agreement with a syndicate of agents led by National Bank Financial Inc. and Dundee Securities Corporation and including Mackie Research Capital Corporation (the “Agents”) to engage in a fully marketed offering (the “Offering”) of common shares of the Company (the “Common Shares”).
BMW ORACLE Racing Video Highlights Racer's Edge® Laser Wind Sensor
Feb 09, 2010
Dr. Beth Dakin, Technical Director at Catch the Wind, Inc., briefly demonstrates how the Racer’s Edge® laser wind sensor works and can quickly display precise wind data from up to 1000m away. This device is the world’s first hand-held laser wind sensor and will give yacht racing teams the competitive advantage of knowing the true wind ahead of their current position on the racecourse.
Catch the Wind, Inc. is an official supplier of BMW ORACLE racing for the 33rd America’s Cup race and this video also includes a brief interview and testimonial from the racing team’s meteorologist, Chris Bedford.
Catch the Wind is Named as Part of 2010 Venture Top 50
Feb 06, 2010
Catch the Wind Ltd. (TSX-V: CTW) announced today that it has been named as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange. TSX Venture 50 is comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada’s public venture market.
CTW Named Official Supplier to BMW ORACLE Racing in 33rd America's Cup Match
Jan 14, 2010
Launches Racer’s Edge® laser wind sensor to improve sporting performance
Catch the Wind Ltd. (TSX-V: CTW) announced today the launch of Racer’s Edge® laser wind sensor (LWS), the world’s first hand-held device that provides accurate wind speed and direction measurement data for use in sailing, boating and other sporting events where knowledge of wind conditions is a contributing factor to performance. Racer’s Edge® LWS will be first deployed by the BMW ORACLE Racing team during the 33rd America’s Cup Match scheduled to take place in February 2010, in Valencia Spain.
Offshore Testing of CTW's Laser Wind Sensor Successfully Completed
Dec 17, 2009
Commercial launch of world’s first wind resource assessment buoy expected
Catch the Wind Ltd. (TSX-V: CTW) announced that field trial tests of the WindSentinel™, a wind resource assessment buoy mounted with CTW’s Vindicator® Laser Wind Sensor (LWS), have been successfully completed by AXYS Technologies Inc.
CTW Releases Final Results of Trial Program with Nebraska Public Power District
Dec 10, 2009
Provides update on field trials with WEICan and Helimax
Catch the Wind Ltd. (TSX-V: CTW) today released the final results of its trial program with Nebraska Public Power District (NPPD). The results demonstrated that Catch the Wind’s Vindicator® Laser Wind Sensor (LWS) increased the energy output of a turbine by an average of 12.3 percent as a result of better alignment with oncoming wind and increased gust detection. The increased energy output was achieved while the Vindicator® LWS controlled the turbine for only 56 percent of the time as specified by the parameters of the 30-day trial. Excluding statistically insufficient measurement data, the Vindicator® LWS improved energy output by more than 18 percent.
CTW Reports Third Quarter 2009 Financial Results
Nov 25, 2009
Makes considerable progress towards commercialization of laser wind sensing technology
Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensing products, announced today its financial results for the three- and nine-month periods ended September 30, 2009. All figures are in U.S. dollars unless otherwise stated.
Notice of CTW's Third Quarter Results Conference Call
Nov 16, 2009
Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensing products, announced today that it will hold a conference call to discuss its 2009 third quarter and year-to-date financial results on Wednesday, November 25, 2009 at 10:00 a.m. ET. Catch the Wind will report its third quarter and year-to-date financial results on the same day prior to market open.
CTW Laser Wind Sensor Deployed by AXYS Technologies on World's First Offshore Wind Resource Assessment Buoy
Nov 02, 2009
Commercial launch expected following validation testing
Catch the Wind Ltd. (TSX-V: CTW) announced today that its Vindicator® Laser Wind Sensor (LWS) has been deployed by AXYS Technologies as part of validation testing of the WindSentinel™, the world’s first offshore wind assessment buoy. Commercial launch of the WindSentinel™, which combines an AXYS floating platform with a Vindicator® LWS, is expected once testing is successfully completed.
CTW Provides Update on Field Trial with Nebraska Public Power District
Oct 26, 2009
Successful trial results lead to purchase of the CTW’s Vindicator® Laser Wind Sensor
Catch the Wind Ltd. (TSX-V: CTW) today announced the successful completion of its field trial program with Nebraska Public Power District (NPPD). Under the trial program, the Vindicator® Laser Wind Sensor (LWS) significantly increased power output and simultaneously reduced the off-axis stress loads of the NPPD test turbine, as demonstrated by third-party instrumentation provided by SWANtech’s SWANwind™ Condition Monitoring System. Based on the results, NPPD will be finalizing the purchase of the Vindicator® LWS unit.