Robotics startup Sanctuary AI appoints former MDA exec as CEO
Interim CEO’s departure continues string of leadership changes at Vancouver-based startup.
Deep Tech
Qubic raises $2.5 million USD to commercialize quantum signal amplifiers
Two Small Fish-led seed round will help scale manufacturing of Qubic’s cryogenic amplifiers.
Former Quantum Industry Canada CEO joins US-based IonQ
Inaugural leader of QIC, Lisa Lambert, now IonQ’s managing director for Canada.
MDA Space to buy Raytheon’s satellite maker for $620 million USD
Company says acquisition capitalizes on US government’s growing demand for defence space missions.
Quantum Industry Canada CEO Lisa Lambert to step down
The organization’s first leader plans to leave for new career opportunities at the end of June.
NorthStar secures $40 million to track space threats for Canada’s air force
Montréal-based space tech company plans to go public this fall via SPAC.
Autonomique says backflipping robots are not the point
Montréal- and Menlo Park-based startup deploying physical AI at Ontario F&P plant.
MDA Space, Calian, and Kepler tapped to lay groundwork for Canada’s next-gen satellite system
Companies awarded $2.4 million to develop ground systems behind RADARSAT+.
Edmonton Unlimited showcase broadens investment horizons for deep tech founders
Event will inform future deep tech-focused programming at the innovation hub.
Inside the GTA facility housing one of Canada’s most powerful supercomputers
Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
Version One Ventures raises $108 million USD across two new funds
But Vancouver-based deep tech investor is increasingly looking outside of Canada.
At Most Ambitious: Town Hall, Canadian tech’s future came into sharper focus
Canada’s AI minister, leaders of Waabi and Xanadu spoke to sold-out crowd at BetaKit’s TTW kickoff event.
Quantum startup Nord Quantique secures $1.4-billion USD valuation
Québec-based company is one of Canada’s leaders in quantum computing.
Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report
Company eyeing the “big prize” of a Toronto-based quantum data centre by 2029.
Photonic secures $2-billion USD valuation after final close of $200-million financing
Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization.