Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Hardware
CMC Microsystems picks 11 winners for $10.7-million edge computing challenge
Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.
Photonic secures $2-billion USD valuation after final close of $200-million financing
Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization.
MDA Space aims to deliver up to 400 satellites per year after Montréal facility expansion
After two years of construction, company has doubled its manufacturing floor space.
Can Ottawa become Photonic Valley?
Plus: Are you tokenmaxxing? Tell us.
Canada won’t pursue national semiconductor strategy, AI minister says
Canada is the only G7 country without a standalone strategy. Industry groups are urging action.
MDA Space “full steam ahead” on Canadarm3 despite space station cancellation
Brampton, Ont. company highlights soaring revenue, starry future in Q1 earnings report.
First Canada, then the world: nation’s rocket builders see a bigger opening in space
Space tech CEOs say sovereign launch capabilities could help Canada lead in low Earth orbit.
Ottawa plans to spin off federal semiconductor facility into “commercial entity”
The NRC’s Canadian Photonics Fabrication Centre is the only facility of its kind in North America.
General Fusion prepares to continue its quest for commercial fusion power as a public company
BC firm lays out its vision for scalable fusion ahead of expected Nasdaq debut.
How four Edmonton startups are collaborating to fight wildfires
At Edmonton Unlimited panel, local tech leaders talked earning trust in a challenging industry.
Q&A: Kepler’s CEO on Canada’s space ambitions and the best Toronto Tech Week eats
Mina Mitry talks launching the world’s first optical relay satellite network ahead of Toronto Tech Week appearance.
Appetronix cooks up bigger robotic kitchen ambitions with Cibotica acquisition
Company says deal will support expansion beyond pizza-making robots into more cuisines.
Canadian Robotics Council creates committee to boost investment in domestic robots
Founding members include BDC, Garage, Inovia, RBC, Two Small Fish, and Version One.
The man who helped build five generations of wireless retires from Ericsson’s Ottawa lab
Marcos Cavaletti helped guide the company into the 5G era. After 40 years, he’s finally logging off.