CDT shares surge 20.72% premarket as new remote communication device with advanced features is announced.

CDT surged 20.72% in premarket trading following the announcement of its advanced 10kV differential protection device, the PDS767A. The product, featuring a 32-bit Motorola microprocessor, dual CAN-BUS networks, and flash storage for 2000+ event reports, highlights enhanced reliability and data retention capabilities. The device's robust design, including hardware/software redundancy and support for dual-network configurations, positions it as a competitive solution for motor and reactor protection in power systems. This technical advancement underscores CDT's innovation in grid infrastructure solutions, likely driving investor optimism about its market positioning and growth potential in the industrial automation sector.