St. John’s-based Kraken Robotics announced last week that it had secured a contract with a foreign navy to supply it with mine-hunting sonar systems at a value of about $35 million to $40 million.

The maker of unmanned submarine and sonar equipment released a flurry of news in the past month, capped off by the statement last Tuesday about the sonar contract with an unnamed foreign navy.

“Under

Startup Genome, the San Francisco-based organization that assesses and ranks startup ecosystems around the world, has named Chris Crowell its first ambassador in Atlantic Canada.

Crowell is the former Vice-President of Corporate Innovation at Halifax-based Volta, having previously worked at Waterloo, Ont.-based OpenText and Saint John-based Mariner. He has a long history of connecting and

J. Regis Duffy, one of the pillars of the P.E.I. biotech community, and Mohammed Moin, Co-Founder and CEO of Somru BioScience Inc., are the inaugural winners of Synapse’s new Innovator Awards.

Synapse, the agency that oversees the commercialization of research at the University of Prince Edward Island, announced the award winners last week as part of the university’s 50th anniversary

Innovacorp has announced the eight startups that have been accepted into its 2019-20 Innovacorp Accelerate Program and the five winners of the fall Sprint competition.

The Nova Scotia government’s early-stage venture capital agency on Thursday released the names of the winners, who between them will divide more than $500,000 in development capital.

INNOVACORP ACCELERATE PROGRAM    

Each

St. John’s-based CoLab Software, which makes advanced design and manufacturing collaboration software, has closed a $2.7 million financing round following its participation in Silicon Valley’s prestigious Y Combinator accelerator.

The company, whose software allows industrial designers and manufacturers to collaborate on 3D models online, also announced that it will release version 2.0 of its

Spark Nova Scotia, previously known as the Spark Innovation Challenge, is making a change to focus on rural innovation and is accepting applications for the next two weeks. 

For the last few years, the contest, which was previously organized by Innovacorp, has taken place in three rural areas and Halifax. This year, Halifax has been dropped and organizers will focus only on the rural parts of

With post-secondary students back in colleges and universities, Bursity.ca is pushing forward with its mission of helping more young people find scholarships and bursaries and avoid the trap of student debt.

The company is developing an online platform that will help match students with the scholarships for which they are eligible and automate the application process.

Co-Founders Charles Milton

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The inner workings of a venture capital fund can seem mysterious to those of us on the outside, and the New Brunswick Innovation Foundation is eager to shine a light on how these funds operate.

NBIF is not your typical VC fund and the organization is happy to explain the difference between itself and more traditional funds. As well as having a different structure, the

It’s as if Todd Chant is driving on to a wide fairway with the wind at his back on a short Par 4.

The head of Sydney-based Easy Golf Tour isn’t under-estimating the task in front of him next year, but his two-year-old company is gaining momentum and he is optimisitc about its prospects in the 2020 golf season.

Easy Golf Tour has developed software that helps golf courses administer the

A New Brunswick Biotech company is being recognized by BioNB for its contributions to the sector.

BioNB, New Brunswick’s bioscience agency, awarded anessa the New Brunswick Bioscience Achievement Award on Tuesday night at their annual industry event, Innovation at the Market, where more than 100 members of the business and research community gathered to mark the substantial growth experienced