Credo paid $92 million USD in cash to acquire Hyperlume, SEC filing reveals
With Hyperlume’s team and tech, Credo aims to deliver the AI infrastructure of the future.
Ottawa
Industry Minister Mélanie Joly wants to see Nokia invest more in Canada
Joly sees the path to a “golden age” relationship Finland and Canada.
Cohere exec pledges AI firm will stay Canadian-headquartered amid merger reports
Remarks come as Cohere reportedly explores combining with a German enterprise AI peer.
From student to VP, Solace’s Ghaith Dalla-Ali shows how startups can grow talent
Solace combines mentorship and ICTC support to help students build skills that prepare them for leadership.
Lockheed Martin Canada invests $3.6 million into Lemay.ai
Project supports AI R&D for “sovereign knowledge management.”
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.
Feds commit nearly $225 million to advance Canada’s sovereign space launch capabilities
Ottawa bets on Canadian rocket launches with $200-million Canso spaceport deal and more for new grants.
BDC expands Defence Platform to $6 billion and names a StrongNorth Fund leader
Feds inject $1.2 billion more into BDC’s 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.
Feds say TikTok can continue Canadian operations, but under new rules
After national security review, government reverses course on proposed ban of company’s Canadian operations.
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 “sovereign autonomous wingman”
Uncrewed aircraft will be designed to fly alongside crewed fighters.
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.