Shopify stock surges after firm announces plans to cut workforce by 20% and sell logistics business
Ottawa-based Shopify announced the moves Thursday morning and positioned them as a way to help it focus on its main goal: making commerce easier.
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Techopia
Techopia is focused on Ottawa’s technology sector. This multimedia project includes regular online news coverage, a video and audio podcast, private networking events and quarterly reports. OBJ also partners with EY to create an annual magazine called Techopia-EY Insights.
Kwesst Micro Systems inks $20M deal with DND
The company said it will provide “specialized software development and integration solutions” to the Canadian Army under the agreement, which runs until May 2028.
Thermal Energy gains steam as new orders roll in, revenues rise 60% in Q3
Ottawa-based cleantech firm’s order backlog stood at $18.5 million as of April 20, up from $5.6 million in February 2022.
Virica Biotech’s viral vector-boosting technology gets $790K shot in the arm
While about three-quarters of Virica’s 50 customers are gene therapy producers, founder and CEO Jean-Simon Diallo says his firm’s technology also accelerates the production of
Tech founders make their pitch at L-Spark’s SaaS Showcase
An Ottawa-based Canadian startup accelerator designed to help entrepreneurs grow their great ideas into thriving tech companies celebrated the graduation of its ninth cohort Thursday.
C-COM Satellite’s Q1 revenues fall nearly 80% amid ‘sluggish’ market conditions
Ottawa firm reported revenues of $683,949 in the three-month period ending Feb. 28, down from $3 million in the first quarter of 2022.
Ericsson Canada to grow Kanata workforce as part of $470M partnership with feds
The project is supposed to create and provide training for hundreds of jobs in Kanata and Montreal, while establishing Canada as one of Ericsson’s global
Ottawa Changemakers: Iranian immigrant takes advantage of incubators, accelerators
Despite only having been in Canada for four years, Soheil Ataie is already a familiar face among the region’s entrepreneurship incubator programs.
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