Halifax-based Modest Tree has been awarded a $32 million subcontract by Fleetway Inc. to develop training systems for the Royal Canadian Navy’s future River-class destroyers.

Modest Tree will deliver immersive training platforms built from

The Sobey School of Business and the Venture Capital program at Saint Mary’s University have won the New England Venture Capital Investment Competition, marking the latest success for the Halifax university’s young venture capitalists.

VCIC is an

Now we’re into the new year, we’re ramping up our efforts to get startup CEOs to fill in our short, confidential survey.

We understand how busy everyone is so we hate to keep asking. But we also hear from a lot of founders that they appreciate our

Two New Brunswick startups – Seafarer AI and Vartis Space – have been accepted into the inaugural cohort of Vimy Forge, a new defence-focused accelerator that has just received $1 million in federal funding.

The federal government issued a press

Fredericton-based Remsoft has acquired forest management software company INFLOR, adding a forest management system (FMS) to its portfolio of digital products for the forestry industry.

The companies announced the acquisition in a press release

Halifax-based pHathom Technologies has closed a $4 million seed round, which will help to finance pilot projects to validate its carbon capture technology.

The company, whose technology captures carbon from coastal bioenergy facilities, issued a

The timing is perfect for the Invest Canada Conference to land in Halifax, says Benjamin Bergen, because Atlantic Canada excels at enterprises that are front and centre in the national economic agenda.

The new CEO of the Canadian Venture Capital

Bassam Kamal, a fourth-year computer science student at the University of Prince Edward Island, won first prize at the Spark Tank pitching event hosted by the PEI IT Alliance last week.

Kamal presented Adaptiv, an AI-driven fitness coaching app

Focus FS has launched a multi-year, $8 million artificial intelligence initiative aimed at improving safety and operational control in offshore oil and gas operations, with significant funding from the Hebron and Hibernia projects.

The St.

Seline from Mount Allison University was the big winner last month at the BMO Apex Startup Challenge in Fredericton, taking home $8,500 in prizes.

The Apex event is an annual pitching competition hosted by the International Business and

Oberland Agriscience, the Halifax company that turns insect larvae into agricultural feed, has received a $1 million investment from HCi3 as part of a funding round with a target of $10 million.

HCi3, which is the investment subsidiary of

The sixth cohort of the Lab2Market Oceans/Validate program is beginning work with 18 new teams that aim to tackle challenges in the blue economy.

The eight-week program, hosted by Memorial University in Newfoundland and Labrador and delivered by