Ecolab to acquire CoolIT Systems for $4.75 billion USD
Acquisition of Calgary cooling systems manufacturer will be finalized in third quarter of 2026.
Hardware
Canadian companies make their case at Nvidia’s GTC conference
Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
Defence and housing take centre stage at N3 Summit
Flagship advanced manufacturing summit will bring together leaders across defence, housing, AI, and robotics.
Wyvern launches international partnerships in Agtech, oil and gas
Edmonton company signs deals with US-based Orbital Advisors and Saudi government-backed Neo Space Group.
Femtum thinks its semiconductor cutting lasers are better than yours
Québec startup raises $16 million to get its “practical” lasers inside more semiconductor manufacturers.
Xanadu in talks with government over potential $390 million for domestic quantum manufacturing
Project OPTIMISM would “significantly advance” company’s roadmap toward utility-scale quantum computing.
Blackline Safety pairs connected gas detection with K9 leak hunting
Harness-mounted G6 devices log GPS-tagged readings to validate detections along pipelines.
Kraken dives deeper into defence with $615-million Covelya Group acquisition
Acquisition would create a larger subsea player spanning defence and commercial markets.
Damon CEO, CFO, and board resign following prolonged struggle on public markets
Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle.
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.
Alberta-made robots are helping keep this Vancouver shipyard safe
Confined Space Robotics partners with Seaspan Shipyards to make working in tight spaces less dangerous.
Court filings reveal Sheertex maker’s steep losses ahead of insolvency
While tariffs helped bring the apparel innovator down, SRTX was already struggling to scale.
Canadian businesses expect more uncertainty as US Supreme Court strikes down Trump’s tariffs
US president claims more tariffs are coming through different legal mechanisms.
Mecademic secures $21 million to bring its tiny industrial robots to the world
Funding will help expand Montréal headquarters and ramp up hiring in US, Europe, and Asia.