The reported bookings update
In its September 16, 2026 announcement, NameSilo reported that Reach Systems had approximately C$2.2 million in year-to-date bookings, up approximately 108% from the same period in 2025. The announcement also reported 24 employees.
Planned operating-space expansion
Reach announced an expansion from 3,559 to 8,031 square feet of operating space, effective October 1, 2026. These details describe the announcement at its publication date; this summary does not independently confirm completion of the planned expansion.
Bookings are different from revenue
Bookings represent customer orders secured during the period and are a non-IFRS measure. They are not recognized revenue and may not be comparable with similarly named measures from other companies. Review the original release for definitions, qualifications and forward-looking information.
About Reach Systems
Based in Nanaimo, British Columbia, Reach designs and manufactures specialized marine technology and remote inspection equipment. Its capabilities include subsea cameras, tether and cable management, specialized winches and remote inspection robotics.
Explore Reach Systems’ company profile, or read more about its cameras and cable-management capabilities.
Read the original September 16 announcement