Dominion Dynamics says it will invest $50 million to build a “sovereign autonomous wingman”
Uncrewed aircraft will be designed to fly alongside crewed fighters.
Ottawa
CVCA and NACO offer competing visions for feds’ $750-million venture envelope
NACO points to early-stage gaps, while CVCA wants capital committed to growth.
L-Spark completes its first cohort as a corporate accelerator
Executive director sees more to do after eight companies make inroads to telecom giant Mitel.
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.
Sluggish growth, lost value: what decades of data reveal about Canada’s early-stage funding gap
NACO and Startup Genome report argues that Canada’s tech ecosystem lost $66 billion USD in value.
MDA Space makes defence-industry push with launch of 49North
CAE vet Joe Armstrong will lead subsidiary exclusively focused on Canada’s defence industry.
“The world has changed”: Canada’s new Defence Industrial Strategy aims to reduce US dependency
PM lays out plan to buy domestically and partner with “trusted allies.”
Feds’ $6.6-billion Defence Industrial Strategy takes aim at building a “robust” Canadian defence sector
DIS outlines a “build-partner-buy” framework and plans to name “national champions.”
Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank
Task force features mayors, a retired general, and leaders from One9 and Ranovus.
Backboard.io claims its AI has a better memory than yours
Ottawa startup’s AI platform outperformed other models on two memory benchmarks.
Shopify stock slumps despite record-breaking Q4 revenue
E-commerce giant authorizes $2-billion USD share buyback as CFO touts strong balance sheet.
The feds asked investors for candid feedback on BDC. It was never actioned
BetaKit-obtained 2023 report outlines private-sector grievances with Canada’s largest VC.
Josh Ogden thinks Canada’s drone industry can gain some altitude
AVSS wants to show that keeping IP and manufacturing in Canada can still work.
We read every submission from Canada’s AI task force: here’s what they said
Nearly 350 pages of recommendations sketch a fractured but urgent road map for Canada’s AI future.
Elevate Farms acquires Fieldless Farms to create “Canadian food powerhouse”
Deal combines two startups growing leafy greens with indoor farming technologies.