Utilities Tech Sector

Lightspeed Commerce

Market Cap: CA$2.3b

Engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses in the United States, Canada, the United Kingdom, Australia, and internationally.

PC Connection

Market Cap: US$1.6b

Provides various information technology (IT) solutions worldwide.

Bel Fuse

Market Cap: US$1.6b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Karooooo

Market Cap: US$1.6b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

IPE Universal

Market Cap: US$1.6b

Engages in the development and commercialization of mobile Voice over Internet protocol (VoIP) communications and mobile advertising applications in Malaysia and Hong Kong.

Applied Optoelectronics

Market Cap: US$1.5b

Designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.

Spirent Communications

Market Cap: UK£1.1b

Provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

PagerDuty

Market Cap: US$1.5b

Engages in the operation of a digital operations management platform in the United States and internationally.

Daqo New Energy

Market Cap: US$1.5b

Manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

Amplitude

Market Cap: US$1.5b

Provides a digital analytics platform that analyzes customer behavior in the United States and internationally.

Veeco Instruments

Market Cap: US$1.5b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices.

Tuya

Market Cap: US$1.5b

Provides AI cloud platform services in the People’s Republic of China and internationally.

N-able

Market Cap: US$1.5b

Provides cloud-based security, data protection, and unified endpoint management software solutions for managed service providers in the United States, the United Kingdom, and internationally.

MeridianLink

Market Cap: US$1.5b

A software-as-a service company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

Benchmark Electronics

Market Cap: US$1.5b

Offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe.

Oxford Instruments

Market Cap: UK£1.1b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Rogers

Market Cap: US$1.4b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

Evolv Technologies Holdings

Market Cap: US$1.4b

Provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally.

Opera

Market Cap: US$1.4b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

MaxLinear

Market Cap: US$1.4b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

nLIGHT

Market Cap: US$1.4b

Designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications.

Navitas Semiconductor

Market Cap: US$1.4b

Designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.

Himax Technologies

Market Cap: US$1.4b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally.

Couchbase

Market Cap: US$1.3b

Provides cloud database platform for enterprise applications in the United States and internationally.

Rapid7

Market Cap: US$1.3b

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Diginex

Market Cap: US$1.3b

An investment holding company, engages in the provision of environmental, social, and governance (ESG) reporting solution services, advisory, and developing customization solutions in Hong Kong, the United Kingdom, and the United States.

Photronics

Market Cap: US$1.3b

Engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.

Bytes Technology Group

Market Cap: UK£977.3m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Verb Technology Company

Market Cap: US$1.3b

Through its subsidiaries, operates as an interactive video-based social commerce company.

CTS

Market Cap: US$1.3b

Designs, manufactures, and sells sensors, connectivity components, and actuators in North America, Europe, and Asia.

Digi International

Market Cap: US$1.3b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

Penguin Solutions

Market Cap: US$1.3b

Engages in the designing and development of enterprise solutions worldwide.

Objective

Market Cap: AU$2.0b

Supplies information technology software and services in Australia and internationally.

A10 Networks

Market Cap: US$1.3b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Ondas Holdings

Market Cap: US$1.2b

Provides private wireless, drone, and automated data solutions in the United States and internationally.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.