Techopia

Cleantech firms hope federal budget’s focus on ‘clean economy’ gives them green light to grow

The measures include more than $16 billion in tax credits over the next five years for cleantech manufacturing; clean electricity such as wind, solar, hydro, tidal and nuclear; and investments in clean hydrogen production.

Ranovus on a mission to build a made-in-Canada semiconductor powerhouse

Kanata-based company has partnered with organizations such as the National Research Council to develop technology that makes computer chips faster and more energy-efficient.

Kingston officials say they’re ready to play big part in growing EV supply chain

Kingston's growing expertise in EV batteries and their components will be key to landing future investments, this official says.

Telesat’s efforts to finalize funding for US$5B Lightspeed project ‘not there yet,’ CEO says

Dan Goldberg tried to calm analysts’ concerns about the company’s financial future Wednesday, assuring them he remains “confident” the Ottawa firm will raise enough capital to get its next-generation satellites off the ground.

Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive

Serious money is heading for Canadian industries looking to reduce emissions after the federal government unveiled its answer to the U.S. Inflation Reduction Act.

Semiconductor industry trailblazer Ranovus lands $36M in federal funding

The money will go towards a planned expansion of the firm’s manufacturing facilities in Canada that will see its headcount grow to more than 200 full-time employees and 150 co-op students.

Ottawa software firm Rewind lays off more than 25% of staff

Amid slowing revenue growth, local tech enterprise whose platform backs up data for Shopify merchants and other customers gave 37 of its 135 employees pink slips last week.

‘Significant milestone’: FDA approves Genomadix’s rapid genetic-testing device for sale in U.S.

The company’s flagship product, dubbed the Genomadix Cube, is a coffee cup-sized lab-in-a-box that is engineered to extract, amplify and identify genetic material in about an hour.

PM meets Kanata tech workers, touts new federal organization aimed at scaling startups

Prime Minister Justin Trudeau says he hopes a new Crown corporation that aims to help Canadian startups commercialize their products can ratchet up efforts to incubate the next generation of Shopifys.

C-COM rides ‘significant’ rise in U.S., Asian sales to 27% bump in 2022 revenues

Ottawa firm generated revenues of $11.6 million in the fiscal year ending Nov. 30, 2022, a 27 per cent increase from fiscal 2021. 

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