Dave is OBJ's senior features writer with two decades of experience in the newspaper industry working for a variety of publications from community weeklies to major dailies. He is a four-time award-winning journalist by the Alliance of Area Business Publishers (AABP). He has received awards for best news feature, best scoop and best overall writer among medium-sized business publications.
A Croatia-based drone manufacturer says it plans to spend $150 million over the next five years to expand two production facilities in Canada, including a plant in Ottawa, to meet growing demand for its products.
“We are at an inflection point both as a country but also obviously as a business,” Eliot Pence, the founder and chief executive of Dominion Dynamics, told OBJ in a recent interview. “This raise really propels us forward in a pretty incredible way.”
Defsec Technologies said Thursday it has agreed to sell 673,006 common shares at a price of $3.74 a share to a select group of investors in a registered direct offering.
Launched two-and-a-half years ago, AGI Ventures is the brainchild of Hai Nghiem and Neilda Gagné, a pair of Ottawa tech entrepreneurs who wanted to build a “grassroots community” to foster innovative ways of tapping into the power of AI.