In The News
Venture capitalist's military background gives him early look at technologies gaining traction
TORONTO, ONTARIO — bnnbloomberg.ca — As the war between Israel and Hamas rages on, Canadian venture capitalist Glenn Cowan is frequently checking in with his close friends on the front lines. A retired squadron commander from Canada’s special operations forces, Cowan understands the complexities Israel’s hostage rescue forces are navigating. “I’ve seen it, I’ve lived it,” Cowan, who retired from the military in 2016 after 18 years of service, told BNN Bloomberg in an interview this week.
AeroVironment, Inc. to Acquire Tomahawk Robotics
ARLINGTON, VIRGINIA — businesswire.com — AeroVironment’s unmanned systems paired with Tomahawk Robotics’ AI-enabled technology will allow warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller
ONE9 Invests in Syracuse-based Hidden Level Inc.
OTTAWA, ONTARIO — newswire.ca — ONE9 Special Mission Fund I ("ONE9") announced today its investment in Syracuse-based Hidden Level Inc., a dual-use technology developer of passive sensing technology across the full radio frequency (RF) spectrum in high-interference environments.
Peter MacKay: We can all invest in keeping Canada safe
OTTAWA, ONTARIO — nationalpost.com — Canadian discussions around investment in national security reflect the inescapable threats that exist, writes former defence minister Peter MacKay.
Aligning innovation and national security: Defence Minister Anita Anand visits Communitech to meet with tech founders
KITCHENER, ONTARIO — communitech.ca — A lot of innovations pitched to the military are “dual-use” technologies, with both defence and commercial applications. Companies often hope to land a military contract first, which they can then use to help sell their product to a larger commercial market. But with such a long and often uncertain procurement process, many companies are not bothering to market to defence – a loss for both the Canadian military and Canadian businesses.
Tomahawk Robotics awarded $6.5M contract with United States Marine Corps
MELBOURNE, FLORIDA — prnewswire.com — Tomahawk Robotics is thrilled to announce the award of the Autonomy and Robotics Enhanced Multi-Domain Infantry Squad (ARTEMIS) program through the Marine Corps Warfighting Laboratory (MCWL). The $6.5M award spans activities and deliveries scheduled from 2022 through 2024.
China’s suspected IP thieves targeted by twins’ Utah startup
SOUTH JORDAN, UTAH — bloomberg.com — Strider Technologies scours open-source data in China to identify technologies most at risk of being stolen — and the people who might be tempted to steal them. China’s government calls IP theft allegations ‘malicious slandering.’
With $45 Million in new funding, Strider helps level the infosec playing field
SOUTH JORDAN, UTAH — newsroom.siliconslopes.com — By sourcing and interpreting over 30,000 sources of “digital exhaust” today, Strider Technologies is helping provide its clients with timely, relevant, and actionable information security data so they can make the best decisions for dealing with bad actors on a global basis, whether corporate or governmental.
Countering cyber attacks is critical for Ottawa company
OTTAWA, ONTARIO — bnnbloomberg.ca — Arjun Grewal, CEO of Ventures Respiratory Technologies, joins BNN Bloomberg and talks about CDN Forces Special Ops veteran who now runs a CDN military respirator company considering many risks to his business and digital security is a top priority for his firm.
New fund allows Bay Street to invest in Canada’s national security
OTTAWA, ONTARIO — bnnbloomberg.ca — A new venture fund led by a co-founder of Shopify Inc. and a retired squadron commander from Canada’s Joint Task Force 2 is aiming to bring cutting-edge national security technologies to Bay Street.