Cohere teams up with Swedish defence firm Saab on AI for surveillance jets
Agreement marks the latest step in Cohere’s push to integrate its AI into defence technology.
Defence Tech
Defence and housing take centre stage at N3 Summit
Flagship advanced manufacturing summit will bring together leaders across defence, housing, AI, and robotics.
Feds commit nearly $225 million to advance Canada’s sovereign space launch capabilities
Ottawa bets on Canadian rocket launches with $200-million Canso spaceport deal and more for new grants.
Paving the way for a Canadian defence-tech boom
Plus: BetaKit Most Ambitious returns on May 25.
BDC expands Defence Platform to $6 billion and names a StrongNorth Fund leader
Feds inject $1.2 billion more into BDC’s strategy to help SMBs seize defence opportunities.
MDA Space seeks $300 million USD through IPO on New York Stock Exchange
Firm will keep TSX listing as it raises capital for growth and potential debt paydown.
Ottawa gives NRC $900 million for drone innovation hub and defence-focused IRAP stream
Commitment comes through $6.6-billion Defence Industrial Strategy.
Dominion Dynamics says it will invest $50 million to build a “sovereign autonomous wingman”
Uncrewed aircraft will be designed to fly alongside crewed fighters.
Kraken dives deeper into defence with $615-million Covelya Group acquisition
Acquisition would create a larger subsea player spanning defence and commercial markets.
Ottawa makes first RDII investments in Ontario with $15 million for CDL Defence and Wolf Advanced Technology
Money will support CDL’s defence accelerator and Wolf’s high-performance computing systems.
Bubble Technology Industries awarded contract to detect space radiation for astronauts
Ontario defence and aerospace firm to receive $5.5 million from Canadian Space Agency.
The new alliance positioning Edmonton as a Canadian defence hub
The Edmonton Region Defence Alliance presents a united front in pursuit of federal defence contracts.
New trade association aims to give domestic SMBs a shot in Canada’s “defence renaissance”
For those about to defend, there’s a new ACDC in town.
MDA Space makes defence-industry push with launch of 49North
CAE vet Joe Armstrong will lead subsidiary exclusively focused on Canada’s defence industry.
Why Canada’s defence spending should follow this Cold War blueprint
US military spending helped create your laptop. Can Canada make similar leaps?