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Drone maker ZenaTech reports 558% jump in revenue for 2026
Drone maker ZenaTech reports 558% jump in revenue
AI-powered drone company, Vancouver-based ZenaTech, posted an astounding revenue growth of more than 500 per cent in its recent results. It brought in $12.9 million for the 2025 year, which represented an increase over 2024’s $2 million.
Ontario firm has a chance for federal drone business
Mr. Koval’s company, Web4You, has signed a contract with the RCMP to develop a drone that can stay aloft for as long as eight hours, making it useful for patrolling the Canada-U.S. border and remote regions of the country.
Three European tech founders on choosing Canada
Canada is becoming a deliberate next stop for European startups looking to expand to North America, and the Toronto Business Development Centre (TBDC) is helping them quickly establish a foothold here through its Horizon program.
Northleaf, Inovia to push Canadian Venture Ecosystem
Inovia Capital, a global multi-stage tech investor, and Northleaf Capital Partners, a global private markets investment firm, have launched Discovery by Inovia x Northleaf, a platform designed to accelerate Canadian emerging venture firms and founders with support from both organizations.
Solace gets fresh cash infusion as competitors loom
Ottawa-based software-maker Solace has received a vote of confidence from a major investor as it faces heightened competition from one of the best-known names in tech along with AI heavyweights that could threaten its stronghold on the market.
PointClickCare contingency plan is to move to U.S.
One of Canada’s largest homegrown technology companies, PointClickCare Technologies Inc., has drawn up a contingency plan to relocate to the United States if the trade war between the two countries escalates to the point that it harms its business.
Canadian union wants federal scrutiny of EA sale
A Canadian union is asking the federal government and competition watchdog to scrutinize a takeover of one of the world’s biggest video game makers by Saudi Arabia’s sovereign wealth fund and a private equity firm owned by President Trump’s son-in-law.
Telus using AI to alter accents of customer service agents
The voice you hear on the other side of a call-centre interaction might soon sound a little more familiar, thanks to an AI tool. Telus Digital has deployed artificial-intelligence technology that alters the accents of customer service agents.
Probe finds OpenAI violated Canadian privacy laws
A three-year-long investigation by federal and provincial privacy regulators found that OpenAI violated laws when handling personal information for the initial release of ChatGPT, but said the San Francisco-based company has made changes to address major concerns.
Five architects explain where wheels are coming off for AI
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked about everything from chip shortages to orbital data centres.
China’s chip fund in talks to lead DeepSeek funding
China’s main chip-sector investment fund iCircuit Industry Investment Fund is seeking to lead a fundraising round for DeepSeek, though details of the round and its participants haven’t been finalized, the Financial Times reported.
The rapid embrace of AI in China, its biggest testing ground
Around 50 people gathered outside the a Chinese mobile internet company in Bejing, waiting to get help with installing an artificial intelligence assistant. The scene was repeated at several events where engineers helped crowds install “agent” OpenClaw on their laptops.
Industry Events
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Toronto Tech Week
May 25 2026
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Toronto -
Proptech Collective: AI Native: What It Actually Takes
May 28 2026
Toronto -
Tech Talent North - Eastern Edition
Jun 03 2026
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Jun 03 2026
Metro Toronto Convention Centre -
Big Data & Analytics Summit Canada
Jun 09 2026
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