Sona Lists on CSE, Raises $2M

Halifax-based life sciences company Sona Nanotech began trading on the Canadian Securities Exchange on Thursday, having closed a deal to raise $2 million through the sale of shares.

The company, which produces gold nanoparticles that can be used for various healthcare tests, has spent the past year working toward a stock market listing to raise capital and increase its visibility.

The shares

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Volta To Host Innovation Conference

Volta Labs, Halifax’s startup and innovation hub, will be co-hosting a one-day conference called Innovate Atlantic this November.

The startup incubator has partnered with the Rideau Hall Foundation, a Canadian charitable organization, to host the conference. It will feature panel discussions and keynote addresses that aim to inspire attendees to develop new and innovative Atlantic Canadian

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NBIF Names Jeff White New CEO

The New Brunswick Innovation Foundation has selected as its new CEO Jeff White, arguably the most experienced accountant in the startup space in the region.

The non-profit corporation, which makes venture capital investments and carries out innovation policy for the New Brunswick government, made the announcement in a press release this morning. White will replace Calvin Milbury, whose time with

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VitalMIST’s Nasal Atomizer

After Anna Gosine, a fourth-year mechanical engineering student at the Memorial University of Newfoundland, spent four months in Malawi. she returned with a better understanding of the world and a new idea to improve health in developing countries. 

“When I came back, I wanted to find a way that I could combine my engineering abilities with designing a product that someday could help families

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BoomersPlus Closes $1.05M Round

Halifax-based BoomersPlus has closed a $1.05 million funding round, led by Innovacorp, which will help the company expand in Eastern Canada and beyond.

In a statement Tuesday, the company also said it is forming a partnership with the Centre for Entrepreneurship, Education and Development, or CEED, to help Nova Scotian retirees mentor entrepreneurs or form their own businesses.

Founded in 2013

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Nautel To Supply RCN with Sensors

Halifax-area transmitter-maker Nautel is working withGeneral Dynamics to upgrade and maintain underwater sensors on the Halifax-class frigates for the Royal Canadian Navy, the company said Tuesday.

In a statement, Nautel said the contract is part of the Underwater Warfare Suite Upgrade deal awarded to General Dynamics Mission Systems–Canada.

As part of the hull-mounted sonar upgrade program,

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A New Model for Drug Delivery

Dartmouth-based Dispension Industries has built a machine that seems to be plucked straight from the realm of science fiction. But its real-world application has the potential to address a crisis that claimed the lives of 4,000 Canadians in 2017 alone.

The company has created a sophisticated “vending machine” that is designed to dispense controlled substances using a handprint scanning sensor.

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Appili Names Balboni as CSO

Appili Therapeutics, a Halifax-based drug development company, has appointed its first ever Chief Scientific Officer.

Armand Balboni, the new CSO, will be responsible for the company’s clinical and scientific strategy as well as steering its programs through regulatory and pre-commercialization processes.

“Armand’s medical science, business, and military experience, including his particular

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