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SBQuantum secures $4M USD seed round, names new CEO and expands to the US
Sherbrooke-based quantum sensor developer SBQuantum has closed an oversubscribed $4 million USD (approximately $5.48 million CAD) seed funding round. The announcement coincides with the appointment of a new chief executive and the establishment of a dedicated United States subsidiary to target American defence and government contracts.
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Technology
Mission Control taps Magellan Aerospace for Lunar Utility Rover systems
Mission Control has selected Magellan Aerospace to join its team developing concepts for Canada’s Lunar Utility Rover. Working within a consortium of Canadian partners, Magellan will…
FedDev Ontario injects $7M into Kepler’s high-speed satellite constellation
Toronto-based startup Kepler Communications has secured a $7 million federal investment to continue and commercialize its next-generation optical data relay satellite network in an effort to…
NASA taps SFL Missions to build eight satellites for solar wind study
oronto-based SFL Missions Inc. has been awarded a contract to build eight 150-kilogram satellites for NASA’s HelioSwarm science mission, utilizing the company’s DAUNTLESS platform.
One week after Lunar Gateway paused, CSA says it’s ready as Artemis evolves
KENNEDY SPACE CENTER, FLORIDA – The Canadian Space Agency (CSA) says it’s ready to adapt as the Artemis program’s focus evolves from a space station into a lunar…
Canadian startup SBQuantum deploys magnetic sensor on NGA MagQuest Challenge
Sherbrooke-based SBQuantum successfully launched its unique diamond quantum magnetometer into orbit today aboard a SpaceX Falcon 9 rocket.
Wyvern secures $3 million in federal defence funding for Maritime ISR
Edmonton-based Earth observation company Wyvern has secured nearly $3 million in repayable federal funding through the Regional Defence Investment Initiative (RDII) to enhance its space-based intelligence, surveillance, and…
INO and CRIM merge to form Luqia Technologies with $52M federal backing
The Government of Canada recently announced a $52 million investment to support the creation of Luqia Technologies, a new industrial innovation laboratory formed by the merger of the…
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