- Charge Enterprises, Inc (NASDAQ:CRGE) reported a $107 million signed infrastructure project backlog as of March 31, 2023.
- The company had reported 4Q22 infrastructure segment backlog of $82 million.
- The growth was driven by significant growth in CRGE’s EV infrastructure division. EV charging infrastructure backlog represents over 20% of the total backlog.
- The company reaffirmed its commitment to pursuing growth within the EV charging infrastructure sector.
- “The growth of our EV charging infrastructure division, Charge Infrastructure (CI), reinforces our strategy to focus on the EV transition as a pillar of our company’s future. CI’s backlog growth, now representing over 20% of the total, supports that our unique and specialized offering is valued by our clients,” commented Andrew Fox, CEO of Charge.
- Price Action: CRGE shares are trading higher by 3.67% at $1.13 premarket on the last check Wednesday.
Versant Ventures Collaborates With AbCellera To Accelerate Drug Development For Its Portfolio Of Biotech Companies
AbCellera (NASDAQ:ABCL) and Versant Ventures today announced a multi-year collaboration to discover therapeutic antibodies for multiple targets selected by Versant’s portfolio of biologics-focused biotechs. Versant
