Tony Blair’s son seeks $200M for Pyra, his second defence tech startup after Skyral — TFN
Nick Blair is in talks to raise about $200 million for Pyra, a defence startup. Pyra hasn’t released…
Kraken Technology Group becomes Europe’s newest maritime defence unicorn — TFN
Kraken Technology Group, a British maker of uncrewed vessels, has raised $175 million in Series B funding, pushing…
Canada is spending on defence tech. Markham wants to build it
Emergent Solutions is among startups betting on Markham as demand grows for resilient tech.
Canada has a…
Sequoia and Founders Fund just backed a drone startup Stark whose drones failed: report — TFN
Stark raised €500 million, surpassing the approximately €300 million it was seeking, from Sequoia, Founders Fund, and the…
Smaller businesses are struggling to breach Canada’s defence sector: report
Industry leaders say country must move faster to bring defence-adjacent firms into the fold.
Canada has plenty…
NorthStar secures $40 million to track space threats for Canada’s air force
Montréal-based space tech company plans to go public this fall via SPAC.
Montréal’s NorthStar is helping a…
Eliot Pence: Canada’s defence buying timelines are “irrelevant” for modern warfare
At Most Ambitious: Town Hall, Dominion Dynamics CEO said procurement must move in weeks, not decades.
Speaking…
At Most Ambitious: Town Hall, Canadian tech’s future came into sharper focus
Canada’s AI minister, leaders of Waabi and Xanadu spoke to sold-out crowd at BetaKit’s TTW kickoff event.
…
At Most Ambitious: Town Hall, Canadian tech’s future came into sharper focus
Canada’s AI minister, leaders of Waabi and Xanadu spoke to sold-out crowd at BetaKit’s TTW kickoff event.
…
Defence tech founder warns Canada is getting “wishy-washy” about defining sovereignty
At CIX Summit, Sentinel R&D CEO argued Canada must do more than onshore other companies’ capabilities.
Sentinel…
Ottawa gives NRC $900 million for drone innovation hub and defence-focused IRAP stream
Commitment comes through $6.6-billion Defence Industrial Strategy.
The federal government is injecting $900 million into the National…
Ottawa makes first RDII investments in Ontario with $15 million for CDL Defence and Wolf Advanced Technology
Money will support CDL’s defence accelerator and Wolf’s high-performance computing systems.
The federal government has revealed a…