Techopia

uOttawa’s Design Day: Where engineering students help turn dirt into gold

Back in 1997, Marie Josée Lamothe didn’t know her newly founded environmental consulting company would one day...

Telesat downsizing Lightspeed satellite project as supply chain woes, inflation mount

Ottawa-based firm says it now plans to deliver 188 satellites plus 10 backups aimed at delivering high-speed internet service to remote areas – down from its previous target of 298 satellites.

Kinaxis shares rise as software firm raises 2022 guidance, reports record customer signings

Kanata software firm, which keeps its books in U.S. dollars, said Friday it brought in revenues of just over $98 million in the first three months of 2022 – a 70 per cent jump from a year ago. 

ProntoForms’ momentum continues in Q1 as software firm’s revenues grow 9%

ProntoForms said its recurring revenues grew 14 per cent in the first quarter to $4.89 million from $4.31 million in the same period in 2021.

Shopify signs deal to buy logistics company Deliverr for US$2.1 billion

Ottawa-based software firm's stock ended the day down more than 14 per cent after company reported a first-quarter loss of US$1.5 billion.

‘It’s been a fun ride’: i-Sight CEO exits case management software firm in wake of U.S. equity investment

Resurgens Technology Partners, an Atlanta-based private equity firm that specializes in scaling up software enterprises, is adding the Ottawa company to its portfolio.

Virica Biotech joins forces with NRC in quest to create treatment for rare genetic disorder

Ottawa startup announced this week it’s landed $400,000 in federal government funding to help the National Research Council of Canada develop a gene therapy to treat lipoprotein lipase deficiency.

Leonovus banking on federal offer to boost struggling software firm’s fortunes

Ottawa software firm reported revenues of just $78,000 for the fiscal year ending Dec. 31, 2021, down from $327,000 the previous year.

Intouch Insight hopes multimillion-dollar deal with U.S. tech firm opens door to new markets

Company said Thursday it’s signed a contract to provide “geolocation data-capture services” across the U.S. to the NASDAQ-100 customer, which it declined to name.

Clearford Water Systems looks to restructure debt in bid to stave off bankruptcy

Embattled Ottawa cleantech firm said it intends to make a proposal to its creditors under the federal Bankruptcy and Insolvency Act after racking up an accumulated deficit of more than $90 million.

OBJ360 Sponsored

Guest Blogs

Social Galleries

Video

Event Calendar