Former Olympian from Quebec City making affordable bikes for children
Former Olympian Louis Garneau has switched gears and is launching a company to make bicycles for children. (Louis Garneau)
He's a familiar name in cycling and after selling his original company, former Quebec Olympian Louis Garneau is back in the saddle with a new business geared towards making cycling accessible for kids.
Garneau, 66, said he was supposed to be retired, but his passion for cycling just wouldn't slow down.
'I decided to do a bicycle for children,' said the president of LG Art Factory.
Former Olympian Louis Garneau with children
Former Olympian Louis Garneau has switched gears and is launching a company to make bicycles for children. (Louis Garneau)
His new brand is called Louis Louis, which makes affordable bikes for kids from three to 12.
At only a few hundred dollars, they're designed for learning and inspired by his grandchildren.
'It's a big venture. I have a lot of motivation because I'm, a grandfather of three little children,' said Garneau.
After facing some financial setbacks that led him to sell his original company, Garneau said he's happy to be back in business.
While he's still selling some higher-end bikes for adults, his real goal is to get more children into the sport.
'We need this culture, and we need to push it up, and it's it's correct for all the children,' he said.
Each bike comes with an Olympic-style medal to give young riders a boost of confidence and something to aspire to.
'So maybe you can be an Olympian, or you can be a good, a good cyclist or a good traveller, but it's something special,' he said.
Garneau said he wants the youth to put down their phones and pick up a helmet, something he did with his father when he was just three years old.
'One day I was free on my bike and I said, 'Oh, this is wow! This is magic on two wheels,' he said.
He expects his company to be available to ship orders in November.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
42 minutes ago
- Globe and Mail
Why BigBear.ai Stock Is Skyrocketing Today
(NYSE: BBAI) stock is seeing another day of explosive gains in Monday's trading. The software specialist company's share price was up 20% as of 2:15 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were both up 1% during that time frame. BigBear's valuation is surging higher today thanks to excitement surrounding defense technology stocks. The company's share price is now up 83% over the last month. stock surges on continued defense tech rally stock is continuing to rally in conjunction with rising excitement surrounding technology companies with substantial exposure to the defense industry. The last major business-specific news for the company arrived on June 17, when announced that multiple biometric identification systems from its Pangiam unit had been deployed in major international airports. Given that this announcement corresponded with relatively little movement for the stock, recent gains appear to be mostly driven by the broader increase in bullish momentum for defense-tech plays. What's next for stock has been highly volatile over the last year. While the company certainly has some substantial opportunities to score wins as defense-tech spending continues to rise, its business performance has also been somewhat uneven. For example, the company's revenue grew just 5% year over year in the first quarter despite the strong demand backdrop for artificial intelligence (AI) software. Additionally, it appears that some of the company's recent gains have been driven by meme-stock momentum. Based on publicly available knowledge, recent gains seem somewhat out of step with its recent valuation run-up. While it's possible that there are some big things in the works behind the scenes that are helping to push its valuation higher, huge gains for the stock on relatively little news also mean that the risk profile here has gone up substantially again. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
Globe and Mail
43 minutes ago
- Globe and Mail
Cybersecurity Leader Cycurion Inc. (NASDAQ: CYCU) Positioned for Explosive Growth in 2025 and Beyond
Innovative AI-Infused Cybersecurity Solutions, Strong Financials, and Strategic Partnerships Drive Value in a Booming Sector In an era where digital transformation accelerates at an unprecedented pace, cybersecurity has never been more vital. As businesses and governments worldwide face an increasing volume of cyber threats, the demand for cutting-edge, reliable, and scalable cybersecurity solutions has surged. Leading this charge is Cycurion, Inc. (NASDAQ: CYCU), a disruptor in the cybersecurity space, combining artificial intelligence (AI) with innovative, proprietary technologies to safeguard critical assets from malicious actors. With significant contract wins, strong revenue growth, and a growing list of high-profile clients, Cycurion is well-positioned to continue its upward trajectory in 2025 and beyond. Cybersecurity Market: A Booming Industry in Need of Innovative Solutions The cybersecurity sector is undergoing an explosive period of growth. With cyber-attacks and data breaches affecting businesses, governments, and individuals worldwide, the need for advanced, next-gen security solutions has never been greater. According to market reports, global cybersecurity spending is expected to surpass $300 billion in 2025, making it a highly lucrative and rapidly expanding market. In this dynamic landscape, Cycurion stands out as a leader with its proprietary AI-infused technology, offering robust protection against a wide range of cyber threats. CYCU's Strategic Wins and Major Contracts (NASDAQ: CYCU) $CYCU growth has been underscored by a series of lucrative contract awards that highlight the company's ability to deliver high-value solutions for critical sectors. In the first quarter of 2025, Cycurion reported an impressive $3.9 million in revenue, with a 95.4% year-over-year increase in gross profit. This growth reflects not only the company's innovation but also the trust its clients place in its cybersecurity solutions. Key contract wins include: $69 million in recent contract awards, including a $33 million contract renewal to enhance cybersecurity for state-level public higher education institutions over the next five years. A $22 million multi-year contract with a state police agency to upgrade and secure their communications infrastructure. A $6 million contract with a major municipal transportation agency for improved cybersecurity measures. $8 million in new contracts announced in June, further establishing Cycurion's dominance in the market. These contracts position Cycurion as a key player in both the public and private sectors, with clients spanning Fortune 100 and Fortune 500 companies, as well as major government agencies such as the U.S. Department of Defense, Department of Homeland Security, Defense Intelligence Agency, and the U.S. Navy. Advanced Cybersecurity Platform: AI Meets Protection At the core of Cycurion's offerings is its flagship ARx platform, a multi-layered, AI-infused cybersecurity solution designed to protect critical digital assets. The ARx platform provides a comprehensive, non-invasive cybersecurity approach that inspects every request to and response from digital assets, ensuring real-time threat detection and blocking before a potential breach can occur. This layered defense system eliminates the need for hardware requirements or cloud installations, ensuring clients can maintain complete control and privacy over their information. In a market where cyber threats evolve rapidly, Cycurion's ability to innovate and stay ahead of the curve is a key differentiator. As the company prepares to roll out its next-generation AI-powered cybersecurity platform in partnership with IQSTEL, it is clear that Cycurion is at the forefront of blending AI with cybersecurity to deliver future-proof solutions. Financial Performance: Strong Growth and Profitability Cycurion's financial performance in 2025 has been nothing short of remarkable. The company reported a $3.9 million revenue in Q1 2025 and achieved a 95.4% increase in gross profit, showcasing its ability to scale efficiently. The gross margin also improved by 17.5% year-over-year, further underlining Cycurion's strong position in the market. Global Expansion: Unlocking New Markets Cycurion's growth isn't limited to the U.S. The company has been expanding its presence into Latin America through a strategic partnership with LSV-TECH International, which extends Cycurion's sales presence into 135 countries via an agreement with Nokia. This global reach positions Cycurion to capitalize on the rising demand for cybersecurity solutions across international markets. Strong Leadership: Visionary Founders and Executives Cycurion's leadership team is one of the company's greatest assets. Emmit J. McHenry, Co-Founder and Chairman of the Board, brings decades of experience in building successful companies. McHenry previously founded and ran NetCom Solutions International, which played a pivotal role in shaping the modern internet. His insight into technology convergence helped the company generate over $260 million in revenue. L. Kevin Kelly, Chairman and CEO, is another key leader with deep expertise in the cybersecurity space. Kelly has a rich background in global business development, having served as CEO of Halo Privacy and held leadership positions across multiple industries. Kelly's track record of success, paired with his commitment to Cycurion's vision, makes him a vital force in steering the company toward continued success. Low Float, Proven Short Interest, and Future Outlook One of the standout features of Cycurion's stock is its low float of only 33 million shares, a key factor that could potentially drive increased volatility and significant price movement as demand for its shares grows. Additionally, the company has a proven short interest, with many investors betting against its success. However, Cycurion's growing revenue, expanding client base, and innovative technology make it a compelling investment opportunity with strong upside potential. The Cycurion Investment Thesis Innovative Technology: Cycurion's AI-powered cybersecurity solutions position it at the forefront of the rapidly evolving cybersecurity industry. Major Contract Wins: The company has secured significant contracts with both government agencies and private sector clients, demonstrating the scalability and reliability of its solutions. Strong Financials: With impressive revenue and profit growth, Cycurion is on track to continue its momentum in 2025. Global Expansion: Through partnerships and agreements, Cycurion is expanding its presence in international markets, unlocking new growth opportunities. Visionary Leadership: Led by seasoned entrepreneurs with a proven track record, Cycurion's management team has the experience to build a market-leading cybersecurity firm. Conclusion: A Rising Star in Cybersecurity As the cybersecurity landscape becomes increasingly complex and vital to global security, Cycurion (NASDAQ: CYCU) is emerging as a true leader in the field. With its innovative AI-infused technology, a proven track record of high-value contract wins, and a growing international presence, Cycurion is poised to dominate the cybersecurity space for years to come. Compare Cycurion, Inc. (NASDAQ:CYCU) with Cybersecurity Leaders such as Palo Alto $PANW, Zscaler $ZS, CrowdStrike $CRWD, Category F5 $FFIV, Checkpoint $CHKP, CyberArk $CYBR, Fortinet $FTNT, Okta $OKTA and Cloudflare $NET For more information about Cycurion and its innovative cybersecurity solutions, visit Disclosure listed on the CorporateAds website Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address: 1640 Boro Place 4th Floor City: McLean State: Virginia Country: United States Website:
CTV News
an hour ago
- CTV News
Former Timmins resident wins $111K in hospital 50/50 draw
Renee Graf of Toronto, but formerly of Timmins, won $111,782 in the Timmins and District Hospital Foundation's June 50/50 draw. Renee Graf of Toronto, but formerly of Timmins, won $111,782 in the Timmins and District Hospital Foundation's June 50/50 draw. 'When we called Renee, she picked up almost right away and as soon as we said who was calling, she figured it was about the 50/50,' the Foundation said on social media. 'We shared the news with her and she was thrilled. Her reaction was pure excitement.' Originally from Timmins, Graf said she is thrilled to support her hometown, adding she has many fond memories of growing up in Timmins. 'Renee still has friends in the area, including some who work in health care,' the Foundation said. 'She recognizes that the government funding is not enough to cover all the needs of health care facilities and feels that the lottery is a fantastic way of generating additional money for the hospital.' July sales are open with lots of great prizes. The jackpot is currently more than $42,000.
