Techopia

A Kanata-based photonics company that has struggled to gain traction for nearly two decades says it is on the verge of a market breakthrough and is scouting potential sites in the National Capital Region to build a $150-million chip fabrication plant that would employ more than 100 people.

Shopify is launching new point-of-sale hardware across Canada, part of its efforts to bolster services for brick-and-mortar merchants as e-commerce growth slows down and the company looks for new sources of revenue.

Proptech venture 1Valet says it’s poised to expand into markets such as the United Arab Emirates and Saudi Arabia over the next 12 months as its platform gains momentum.

Avivagen is reviewing “strategic alternatives” that could include selling the embattled Ottawa-based life sciences company as it struggles to gain market traction for its natural immune-boosting compound.

Founder and CEO Paul Vallée confirmed that he and former Tehama executives Rob White, Kevin Haaland and Mick Miralis led a successful $2.9-million bid to buy the firm’s assets under a court-supervised auction process.

The Ottawa-based cleantech firm, which posted revenues of $5.6 million in its most recent quarter, has landed a pair of new contracts worth a total of nearly $3 million.

The capital tech market has opportunities for Ottawa’s tech businesses—if they’re willing to demonstrate value based on balance rather than growth at all costs.

The 42-year-old president of Calian’s IT and cyber solutions division announced this week he’s leaving his job at one of Ottawa’s most prominent publicly traded companies to become CEO of Jatom Systems Inc. (JSI).

"BlackBerry" director Matt Johnson is enjoying the controversy simmering around his latest film.

Telesat chief executive Dan Goldberg says the Ottawa firm is still in talks with export credit agencies aimed at securing financing for its next-generation communications satellites.