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Montreal-based fabless semiconductor company Stathera has secured US$55 million in an oversubscribed Series B financing to scale production of its silicon-based timing technology and develop solutions aimed at AI data centres.
Led by new investor Maverick Silicon, the round brings Stathera’s total funding to US$75 million. Existing backers including Celesta Cap...
Mouser Electronics Inc. has announced its latest installment of its Empowering Innovation Together(EIT) technology series, A Quantum Leap in Computer Processing. This installment explores the emerging field of quantum...
US chip giant AMD has reached a definitive agreement to acquire Taalas, a pioneer in specialized AI inference silicon. As AI inference becomes one of the fastest-growing segments of the AI market and workloads become increasingly specialized, the acquisition strengthens AMD’s long-term AI roadmap with differentiated inference technology and world-class engineering expertise.<...
A Canadian telecommunications firm has signed a deal with the federal government worth $2.3 billion to provide high-speed satellite communications to the Canadian Armed Forces in the Arctic. The federal Defence Investment Agency and Telesat LEO announced the deal on Monday. The contract is meant to secure broadband coverage in remote northern locations for a range of Canadia...
MDA Space Ltd., a Toronto area robotics, satellite systems and geointelligence pioneer with a 55-years of world firsts, recorded a $27.9 million profit in its second quarter as its revenue climbed almost 34 per cent from a year earlier. Based in Brampton Ontario, the space tech company says its net income compared with earnings of $27.2 million a year prior.
Its profit...