Mode40 and CME partner to launch Prairies-wide AI initiative for aerospace, aviation, and defence
AeroTrace is designed to demonstrate the value of AI-enabled systems in industrial manufacturing.
Briefs
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
Calgary crypto exchange Catalyx permanently barred from operating
Former crypto exchange’s CEO, Hyuk Jae Park, will also pay a $90,000 fine to Alberta Securities Commission.
NordSpace’s venture arm makes undisclosed strategic investment in North Vector Dynamics
Canadian aerospace companies have already been tackling defence and hypersonic research projects together.
Wealthsimple reports “biggest quarter ever” as it nearly doubles assets under management in a year
Toronto FinTech firm added roughly 200,000 users and recorded largest-ever quarter for net deposits.
Greentank lands $20-million USD investment from Dubai’s AIR Global
Toronto vape tech company has now raised $56 million USD through financing and strategic investment.
Superwhisper partners with Cohere for all-Canadian voice-to-text AI
Cohere’s open-source transcription model now available in Superwhisper.
Ramp fully launches in Canada alongside new Toronto office
New York-based FinTech enters a market currently held by domestic players like Float and Venn.
Cohere joins Silicon Valley heavyweights in call for open-source AI
AI’s biggest players sign on to Jensen Huang letter supporting open-weight AI models—except for Anthropic.
Sonder brand bought out of bankruptcy by TravelAI
Vancouver-based agentic travel company resurrects Canadian-founded unicorn as affiliate booking site.
Semiconductor industry says Canada needs a better plan for sovereign silicon
Canada’s Semiconductor Council wants federal AI strategy to include dedicated semiconductor plan.
Why is Amazon opening a disaster relief hub near Edmonton?
The company is working with nonprofits and donating supplies to help in the aftermath of disasters.
Tenor raises $2.5 million USD to build blockchain-based lending platform
Québec crypto startup wants a world where more borrowing happens on-chain.
Have thoughts on AI transparency? The feds want your feedback
Government launches survey for public to weigh in on AI regulations.
Pascal Siakam’s edtech accelerator awards three startups with $50,000
It was the beloved former Raptor’s second year co-judging the DMZ co-hosted event.