Lockheed Martin Canada invests $3.6 million into Lemay.ai
Project supports AI R&D for âsovereign knowledge management.â
Defence Tech
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Governmentâs commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Defence tech founder warns Canada is getting âwishy-washyâ about defining sovereignty
At CIX Summit, Sentinel R&D CEO argued Canada must do more than onshore other companiesâ capabilities.
Denvr signs two defence deals to deepen sovereign AI push in Canada
Calgary company teams up with Dominion Dynamics on drone simulation and Sapper on intelligence and cyber defence.
Cohere teams up with Swedish defence firm Saab on AI for surveillance jets
Agreement marks the latest step in Cohereâs push to integrate its AI into defence technology.
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 Canadaâs 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 BDCâs 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 âsovereign autonomous wingmanâ
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 CDLâs defence accelerator and Wolfâs 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.