Techopia Staff

Ottawa cleantech firm reported revenues of $8.2 million for the three-month period ending March 31, down from $9.1 million the year before.

The deck is stacked against technology startups. Success is an unsure bet. To boost their odds of success, some startups join incubators and accelerators.

The Ottawa firm said it’s one of the largest orders it has ever received for its fully motorized auto-pointing antenna system, which can be mounted on the roof of vehicles or transportable structures.

ProntoForms said its recurring revenues grew 14 per cent in the first quarter to $4.89 million from $4.31 million in the same period in 2021.

Ottawa software firm reported revenues of just $78,000 for the fiscal year ending Dec. 31, 2021, down from $327,000 the previous year.

Company said Thursday it’s signed a contract to provide “geolocation data-capture services” across the U.S. to the NASDAQ-100 customer, which it declined to name.

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Canadian merchants on Shopify’s platform pumped US$23.8 billion into the country’s economy and helped create more than 142,000 jobs last year, new report says.

Veteran executive replaces Erin Crowe, who left the Kanata software firm earlier this year to return to the Ottawa Senators as senior vice-president and chief financial officer.

Ottawa-born startup says money from the XPRIZE Carbon Removal Milestone Award will go toward the construction of full-scale demonstration facilities in Quebec, Nova Scotia and the United Kingdom.