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Telecompetitor | Xplornet 5G Ready Deployment Planned for New Brunswick

Catalyst portfolio company Xplornet is bringing the necessary telecom infrastructure to New Brunswick rural homes and businesses to provision 5G services. The first phase of the project will begin immediately and is expected to be completed by the end of 2019. This new Xplornet broadband service will support speeds of 100 Mbps. Xplornet will make the province one of the first areas in Canada to have access to 5G ready technology, once the company finishes deploying its hybrid fiber wireless network.

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Portfolio News

Mobile Syrup | Xplornet preps for 5G rollout in 2020 with Eastern Ontario fibre investment

Rural fixed wireless and satellite internet provider Xplornet, a Catalyst portfolio company, is preparing for its first 5G offerings with a new fibre deployment jointly funded by the government. The New Brunswick-based company announced a joint investment of $36 million with the Canadian government to build out a fibre network in Eastern Ontario. Xplornet is funding the majority of the project by setting aside $25.2 million, while the Government of Canada is pitching in $10.8 million via the Connect to Innovate program.

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Portfolio News

Dayton Daily News | This massive new greenhouse is harvesting its first local crops, and you could see them in your store soon

Catalyst-backed BrightFarms recently harvested the first crop from its new 120,000-square-foot indoor greenhouse facility in Wilmington, Ohio. The company invited regional and state officials to the first harvest at the greenhouse located 45 minutes southeast of Dayton to demonstrate the economic impact the new greenhouse will have in the state. While local is the number one demand driver of produce, supermarkets have trouble sourcing the quantity they need, so BrightFarms aims to supply local produce at a commercial scale. The greenhouse is state-of-the-art in both its sustainability and production.

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