OSCP closes $6-million USD Series A round to power navigation without GPS
Montréal photonics startup aims to disrupt the IMU market with a smaller, more accurate alternative.
Defence Tech
H2 Analytics secures $800,000 in FedDev funding to improve defence training platform
CEO says repayable funding will help the platform integrate new AI features and expand internationally.
Canada Rocket Company breaks ground on large engine test facility in London
Company says facility will create 40 jobs and help anchor its medium-lift launch vision.
Sentinel R&D CEO says drone company is “selling directly to the Ukrainians”
Defence tech company previously signed deal with Airlogix to supply Canadian drones to Ukraine.
Canada invests $67 million in dual-use life sciences research
Funding will support organizations in Ontario, Alberta, and BC, as well as five pan-Canadian research hubs.
BDC is Canada’s sole entrant in investor network for NATO defence accelerator
The NATO DIANA Capital Network connects investors with companies in its defence tech program.
Canada Rocket Company wants to build a sovereign alternative to SpaceX’s Falcon 9
CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.
BDC outlines how it will deploy $1 billion from its Defence Platform into funds and startups
Crown corporation increased direct defence investment capacity and pledged more to defence-focused fund-of-funds.
CIBC commits $2 billion to financing smaller defence and dual-use businesses
Toronto-based bank joins BMO, RBC, and Canada’s other big banks in ramping up its support for defence.
RBC launches billion-dollar Canadian tech growth fund
Canada’s biggest bank wants to help the country’s next tech champions scale.
How InDro Robotics is turning a giant truck into a mobile, autonomous command centre
Victoria-based robotics firm wants to build a mainframe for Canada’s autonomous warfare.
MDA Space launches venture program to back Canadian space and defence tech startups
Space-industry veteran aims to help SMBs scale to meet Canada’s sovereign defence priorities.
What it takes for Canadian tech to enter defence
DIGITAL’s new series is helping founders uncover dual-use opportunities and build a roadmap to seize them.
Canada could soon lose reliable rides to space. What will that mean for its burgeoning space industry?
As SpaceX scales back rocket rideshares, Canada’s space industry says it exposes “critical dependency.”
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.