Techopia Staff

Ottawa’s C-COM Satellite Systems swings to Q3 profit

Despite facing “headwinds” from the COVID-19-fuelled economic downturn, local firm finished the quarter more than $200,000 in the black.

Spartan Bioscience targeting fall approval for rapid COVID-19 test upgrades

Ottawa firm says it has applied to Health Canada to begin clinical trials on a fix for its rapid COVID-19 testing device after the agency had concerns about the test’s effectiveness.

MNP signs on as adviser to Invest Ottawa startups

Professional services firm says it's agreed to provide both financial and professional backing to early stage companies at the local innovation hub for up to three years.

Software maker Snapclarity acquired by B.C. firm in $3.35M deal

Ottawa firm that connects patients with mental health professionals is being sold to Vancouver-based CloudMD in a cash-and-share deal.

Rewind tops Ottawa firms on Globe and Mail’s fastest-growing companies list

Startup launched five years ago as a backup platform for Shopify merchants only local company to crack the top 50 in newspaper's second annual rankings.

Martello co-founder Gallagher retires from company’s board of directors

Longtime tech exec praised for "vision and years of dedication" to building fast-growing Kanata firm.

Gatineau software firm launches customer registry app for bars, restaurants

Free platform allows patrons to enter their personal information into a secure database upon entering an establishment.

Ottawa’s C-COM, Carleton University part of next-gen antenna project for 5G networks

Ottawa organizations are members of joint Canadian-European program to build “flexible and scalable” antennas that will help transmit data in 5G and high-frequency satellite bands.

Ottawa’s tally of VC deals rising despite pandemic, report says

A total of 16 local companies landed VC financing in the first six months of this year, up from a dozen in the first half of 2019.

Martello’s Q1 revenues surge 21% as software gains ‘must-have’ status in COVID-19 era, Kanata firm says

Company reported revenues of $3.33 million in the first quarter of fiscal 2021 as shift to remote work fuelled demand for its products.
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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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