Techopia

Ottawa moves up in CBRE’s annual ranking of tech hubs, but fails to break top 10

Ottawa has moved up in CBRE’s annual ranking of tech hubs, failing to crack the top 10 for the second year but continuing its reign at the top of the list among all 50 North American markets measured. 

C-COM Satellite continues to battle market headwinds as revenues drop 30% in Q2

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

Techopia Live: Demystifying ESG and Hyperion’s carbon recycling tech

Check out the latest Techopia Live episode featuring Jennifer Teoh and Heather Ward.

Martello raises $2.5M in private placement after revenues fall 8% in fiscal 2023

Martello Technologies has sold $2.5 million worth of stock to Terry Matthews-controlled Wesley Clover International in a non-brokered private placement aimed at helping the Kanata firm fund its operations as it shifts to a new software platform.

Thermal Energy receives record $27.3M worth of new orders in fiscal 2023

Ottawa cleantech firm Thermal Energy International booked a record $27.3 million worth of new orders in fiscal 2023, up 133 per cent from the previous year, the company announced this week.

Techopia Live: Fidus Systems finds recipe for rapid growth

In this episode, Alan Coady reveals what is driving growth at Fidus and how the company will continue to leverage artificial intelligence to improve its technology services.

FigBytes named one of Canada’s fastest-growing sustainable companies

FigBytes came in at No. 15 on Corporate Knights’ second annual list of the country’s 25 fastest-growing “green” private companies, the firm announced Thursday. 

Photonics firm Enablence closes $11M private placement to help finance expansion plans

Kanata-based photonics company said last week it closed an $11-million private-placement round with Pinnacle Island LLP and may issue an additional $1 million worth of convertible debentures in a second tranche.

Techopia Live: Assessing Shopify’s challenges and opportunities

In this episode of Techopia Live, Ottawa Business Journal publisher Michael Curran talks Shopify with Rick Watson, who spent more than 20 years in e-commerce sector entrepreneurship.

Champagne maintains Canada’s approach to AI is ‘ahead of the curve’

Canada's industry minister says he thinks the country is "ahead of the curve" with its approach to AI, beating even the European Union.

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