The race to prevent the worst wildfires has been an increasingly high-tech one. Companies are proposing AI fire detection systems and drones that can stamp out early blazes. And now, one Canadian startup says it’s going after lightning. Lightning-sparked fires can be a big deal: The Canadian wildfires of 2023 generated nearly 500 million metric…
Firefly is heading into the initial public offering with $176.9 million in cash and cash equivalents. And while it has incurred negative cash flows and losses from operations, Firefly projected that its cash is adequate to meet its liquidity needs for at least 12 months.