Calian secures new nuclear contracts in Q4 2024
- Calian Group Ltd. secured 19 new contracts in Q4 FY2024, representing a 58% increase over Q3.
- The growth is attributed to the integration of MDA's nuclear assets, enhancing engineering and robotics capabilities.
- This expansion positions Calian as a leader in the nuclear services sector, supporting global sustainability goals.
In Canada, Calian Group Ltd. announced significant growth in its nuclear and environmental services division for the fourth quarter of FY2024, which ended on September 30. The company secured 19 new contracts, marking a 58% increase compared to the previous quarter. This growth is attributed to the successful integration of MDA's nuclear assets, acquired in March 2024, which enhanced Calian's capabilities in engineering, tooling, and robotics. The acquisition has allowed the company to provide comprehensive solutions tailored to the evolving needs of the nuclear sector. The global demand for clean energy continues to rise, driven by the urgency to address climate change. Calian's Vice President, Hani Al Anid, emphasized the company's readiness to meet the challenges of both existing and next-generation nuclear projects. With over 25 years of experience, Calian has established itself as a trusted supplier for all CANDU nuclear utilities in Canada, ensuring the safety and sustainability of the country's nuclear infrastructure. The new contracts reflect the increasing trust clients place in Calian to deliver innovative and reliable solutions in a critical industry. The company’s commitment to customer service, integrity, and innovation has been pivotal in its success. As the nuclear energy market expands, Calian is well-positioned to capitalize on growth opportunities and support the global transition to sustainable energy. Overall, the strategic acquisition and subsequent contract signings underscore Calian's leadership in the nuclear services sector, reinforcing its role in contributing to global sustainability goals.