Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.”
hardware
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”
4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
Tenstorrent acquires Blue Cheetah to bring more chip design in-house
AI chipmaker had been licensing Blue Cheetah’s technology since last year.
Feds back startup OCCAM’s Technologies as part of $21.5-million Alberta carbon capture investment
Natural Resources Canada selects five companies that responded to call for carbon capture proposals.
Kardium closes $340 million CAD to secure regulatory approval, expand manufacturing for atrial fibrillation heart device
BC medtech company gears up for targeted commercial launch later this year.
D-Wave sells $400 million USD in common shares to fund acquisitions, working capital
Quantum computing firm joins competitors in selling stock for third time since December.
Nvidia acquires Canadian AI efficiency startup CentML
Nvidia rival AMD also acquired Canadian AI firm Untether earlier this month.
This time, Eric Migicovsky won’t let anything get in his way
A decade after the death of Pebble, the company’s founder is still chasing his dream smartwatch.
“Light, tight, right” regulation: Minister Evan Solomon unpacks how Canada plans to support domestic AI and quantum computing
Solomon says Canada must keep quantum industry and IP in Canada at CDL Super Session talk.
“The end of the era of human data”: AI experts discuss new frontiers at CDL Super Session
Canadian leaders unpack next-gen AI training, bionic tech, and quantum consciousness theory at Toronto Tech Week.