Techopia Staff

Telesat seeks to raise US$500M in secured note offering

Ottawa-based firm says proceeds from the offering will help finance its multibillion-dollar low-Earth orbit satellite program.

Ottawa’s Thermal Energy beefs up U.S. manufacturing operations

Ottawa-based firm says new facility in Pennsylvania will help it meet growing demand for its technology that recycles wasted energy from boiler plant and steam operations.

Intouch Insight’s revenues plunge 34% in 2020 as pandemic hits Ottawa firm’s customers hard

Software maker says it expects to deliver “double-digit growth” and higher earnings this year as economy bounces back.

Pythian bolsters C-suite by bringing former Hitachi exec on board as new CTO

Ottawa-based IT and cloud services firm said Monday it has hired Paul Lewis as its new chief technology officer.

GETIT’s pandemic pivot to deliveries leads to rapid uptake among Ottawa restaurants

Getit Local is challenging Uber Eats and SkipTheDishes by operating without charging local restaurants the typical 30% to 35% fee on delivery orders. 

Help wanted: KNBA launches virtual showcase in bid to attract top grads

Event is aimed at informing students and recent grads from six Ontario colleges and universities about opportunities and job openings at Kanata North tech firms.

BluMetric to showcase cutting-edge tech at Water Dragons pitchfest

Ottawa firm one of eight Ontario companies chosen for the Dragons' Den-style event.

Edgewater Wireless launches $1.2M share offering after investors snap up previous $800K placement

The company said the new units will be priced at 13 cents each, up from 11 and a half cents in the original offering.

ProntoForms sees 2020 revenues rise after slow start to fiscal year

Kanata-based software firm reported total revenues of $17.67 million for the year ended Dec. 31, up from $15.1 million in 2019.

Calian to raise up to $86M in fresh capital to fund M&A push

The Kanata firm, which provides services ranging from medical clinics to military training exercises, is on an acquisition tear of late.
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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