St. John’s-based Kraken Robotics Inc. has agreed to acquire British underwater-tech company Covelya Group for $615 million in cash and stock.

Announced late last week, the deal combines two providers of subsea technology serving defence and

Montague, P.E.I.-based AKA Energy Systems has signed a teaming agreement with South Korean shipbuilder Hanwha Ocean Co. and technology firm KTE Co.to collaborate on Canada’s Canadian Patrol Submarine Project.

The tri-party agreement was formalized

Tracey McGillivray was so busy preparing for a factory inspection in late January that she didn’t realize CBC had posted the trailer for Axtion Independence Mobility’s coming appearance on Dragons’ Den.

So she was flabbergasted that night when she

Canada’s Ocean Supercluster has announced a $4.1 million project to provide AI-powered monitoring of a sustainable wave-powered desalination project.

The project will be led by Oneka Technologies of Sherbrooke, Quebec, working with partners. It

St. John’s-based Spellbook, which makes generative AI products for law firms, has revealed that it tripled its revenue in 2025 and is on track to hit US$100 million (C$133 million) in annual recurring revenue this year.

Co-Founder and CEO Scott

The Canadian Venture Capital and Private Equity Association, or CVCA , is offering 10 fully funded tickets to Invest Canada '26 to senior women investment professionals experiencing barriers to access.

Invest Canada is a national venture capital

The federal government on Tuesday announced more than $8.5 million in funding for 40 projects to support artificial intelligence adoption across Atlantic Canada.

“Artificial intelligence is one of the greatest economic opportunities of our time,”

With access to $6 million in capital, Clean Valley CIC has signed six contracts with oyster farming operations ranging from its home in Atlantic Canada to such far-flung markets as Portugal and Brunei.

Founded in 2018, Clean Valley has developed

The New Brunswick Innovation Foundation has announced the five finalists for its breakthru pitch competition, which features a total prize pot of $200,000.

The New Brunswick government’s innovation agency announced last year it was resurrecting the

Fredericton-based anessa, which makes software for the biogas industry, has announced partnerships with two major French energy companies, TotalEnergies and CVE Biogaz.

Founded in 2017 by chief executive Amir Akbari and chief technology officer Dr.

Halifax-based Optiml hit a significant milestone last month as the 100,000th financial plan was created using its platform, which automates retirement and estate planning.

Since it launched in September 2024, Optiml has attracted more than 2,000

The Ocean Startup Project has opened applications for the 2026 Ocean Idea Challenge, a national early-stage three-month program that helps Canadians turn ideas into opportunities.

Selected teams can receive up to $8,000 and hands-on support to test