As well, shares of Maxar Technologies Inc. (TSX:MAXR) fell 33% to $10.62 as the provider of advanced space technology solutions said its WorldView-4 satellite experienced a failure in its control moment gyros, preventing the satellite from collecting imagery due to the loss of an axis of stability.
VitalHub Corp. (TSXV:VHI), meanwhile, reported that the Province of Nova Scotia has signed a five-year agreement, with options to extend for a total of five additional years, to license VitalHub’s TREAT client management software to support the Department of Community Services transformation following the issuance of a Request For Proposal for a digitally-enabled Collaborative Case Management Solution. VitalHub stock moved up 13% to $0.18 following the announcement.
Finally, Bioasis Technologies Inc. (TSXV:BTI) shares gained 7% to $0.52 after the biopharmaceutical company announced a joint research collaboration with a leading pharmaceutical company to manufacture an antibody-peptide conjugate containing Bioasis’ xB3 peptide for in vivo measurement in the CNS, enabling direct evaluation of the xB3 platform’s delivery capabilities.
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