Maritime Launch Services has finalized the Crown land lease for its planned spaceport near Canso, Nova Scotia, paving the way for an inaugural rocket launch next year.

The lease is for 334.5 acres near the Chedabucto Bay and will last 20 years, with an option to renew for another 20 — although a statement from Maritime Launch, or MLS, did not clarify which party has the option.

“Acquiring the

Modest Tree, a Halifax-based maker of extended-reality software, has won a contract with the United States Space Force, the extra-planetary branch of the country’s armed forces.

The company earned the deal by participating in the Space Force’s Space Launch Delta 45 Pitch Day. The arm of the Space Force running the pitch day, Space Launch Delta 45, plans to use Modest Tree’s technology for

Canada’s Ocean Supercluster has announced a $1.8 million project led by Halifax-based SailTimer to produce crowd-sourced weather reporting both for and from sailboats.

SailTimer, helmed by President Craig Summers, is currently accepting pre-orders for its own SailTimer Wind Instrument RB. It's the hardware for its own version of a technology similar to that being developed by the supercluster

The first half of 2022 was a strong period for Atlantic Canadian venture capital deals, buttressed by nearly record-breaking fundraising activity from Nova Scotia, according to data released Thursday by the Canadian Venture Capital and Private Equity Association, or CVCA.

The organization’s Canadian Venture Capital Market Overview found that East Coast startups raised $115 million in 21 deals in

BioNB CEO Meaghan Seagrave is leaving the New Brunswick organization to head up Bioindustrial Innovation Canada and its affiliated Sustainable Chemistry Alliance, which invests in early-stage life sciences companies.

Seagrave, who holds a master’s degree in Food Science from the University of British Columbia, as well as several certificates and diplomas in communications and management

Dalhousie University’s Emera ideaHUB incubator has opened applications for this year’s BUILD accelerator — a 10-month program meant to help deep tech startups develop and manufacture their products.

Companies in the program will have access to training workshops, research and development facilities, technical assistance and one-on-one business coaching.

The accelerator is split into three

Fredericton-based Potential Motors’ electric vehicle will be an off-road camper van that uses the company’s vehicle control software to identify and adapt to changes in terrain.

Chief Executive Sam Poirier said in March the vehicle will be a ground-up design that capitalizes on the more space-efficient layouts that are possible in electric vehicles, which don’t require large engine compartments

Ed Martin, former CEO at St. John’s-based edtech startup Zorbit’s Math, has been appointed Director of the Memorial Centre for Entrepreneurship at Memorial University.

As director of the MCE, Martin will lead an organization that has worked with dozens of students at the region's largest university to launch growing startups. Its programing intiatives include the annual Mel Woodward Cup, which

The federal government’s Sustainable Development Technology Canada, or SDTC, has announced grants for four Atlantic Canadian startups: Hampstead, N.B.’s PLAEX Building Systems, and Halifax-based ZeroIN Foods, Drinkable Water Solutions and OceanSync Data Solutions.

In a statement, SDTC did not disclose the exact amounts of the grants, but said they were each worth between $50,000 and $100,000.

Atlantic Canada's IT accelerator Propel has announced seven graduate companies from the latest cohort of its Traction and Growth program.

The Traction and Growth program is meant for startups that have already completed Propel’s more basic Vision and Validation accelerator for very early startups. Traction and Growth companies must have at least $1,000 of monthly revenue and founders who are