Technology
Enablence FY2026 Revenue Rises 37% as Going-Concern Doubt Lingers
Enablence Technologies booked US$8.1 million in revenue in the twelve months ended June 30. It lost US$22.5 million over the same stretch. On October 22, the company told investors it expects about US$4.0 million for the quarter that closed September 30, close to half of the prior year’s total in three months. Enablence Reports Audited…
Carrier Connect Fills Its Georgia Data Center With a CA$88.9M Contract
One Georgia building is about to bill roughly three times what its owner was bringing in across its whole business. Carrier Connect signed the deal Monday. A day later Salesforce agreed to pay a 58% premium for Braze, and SEALSQ’s market value slipped just below the cash on its books. Carrier Connect Signs CA$88.9 Million,…
NanoAi’s First Standoff Explosive Test Result, and Intellistake’s Unclosed Deal
Thirty seconds of clean air, then 0.80 seconds. That is how long a sensor in a Texas lab took to register an explosive placed 10 feet away, according to a video Intellistake Technologies released on October 15. Intellistake does not own that sensor yet. NanoAi Registers Targeted Explosive Threat 001 at a 10-Foot Standoff Intellistake…
XTEND AI Robotics Lands $40.5 Million Order for 6,000 STRIKER Drones
Six thousand drones for $40.5 million. That works out to about $6,750 per system, and the buyer is the U.S. Department of War. The seller also runs a construction company that builds luxury homes. On the TSX Venture, a transcription firm says its software can now tell who is talking with up to 99% accuracy.…
QuantumCore Begins Cryogenic Multiplexing Chip Work With University of Waterloo
On April 9, a listed company called MGM Resources Corp. finished a reverse takeover by a private firm and renamed itself QuantumCore Ltd. (CSE: QNCR) (OTCQB: QNCRF) (FSE: K1Y). Six months later, it has three hardware programs on the books. The newest one, announced October 7, has a prototype target and no price tag. QuantumCore…
inTEST Expects Record Q3 Orders as AI Lifts Chip Test Demand
Tiny just bought a software business for less than one year of that business’s recurring revenue. All cash. A chip test-equipment maker, meanwhile, posted its biggest order quarter ever before the books were even closed. inTEST Expects Record Q3 Orders of $48 Million to $50 Million inTEST Corporation (NYSE American: INTT) said on October 5…
Draganfly Closes US$10 Million Strategic Raise at US$5.35 a Shar
In July 2025, Draganfly sold units to the public at US$5.35 each. In February 2026, it sold shares at US$7.00. On September 29, it closed another sale at exactly US$5.35, with half the money coming from a NYSE American-listed company and half from a U.S. fund it has not named. Draganfly Closes a US$10 Million…
Draganfly Closes US$10 Million Investment From Unusual Machines and US Fund
C$10,582. That was Quantum eMotion’s revenue in a quarterly filing earlier this year. On Monday it agreed to pay C$33.8 million for a cybersecurity company that already has hundreds of customers. A drone maker sold $10 million of stock to a parts supplier and a US fund the same day. On Tuesday, a Vancouver internet…
BrandPilot AI Takes Luxury Brand Engagement Into the UK, Sweden and France
BrandPilot AI says its platform identified 73% of one luxury brand’s managed U.S. branded search spend as reclaimed between April 13 and September 21. The release does not name the brand. On September 24, BrandPilot said that same customer had taken the arrangement into three European markets. Luxury Brand Takes BrandPilot AI to the UK,…
Enablence Guides 150% Revenue Growth as Wafer Demand Outpaces Supply
Selling every unit you can produce usually counts as a good problem. For one optical chipmaker, it also meant a full fiscal year of negative gross margins. Enablence now guides next year’s revenue to roughly two and a half times this year’s, and it closed C$25 million four days before saying so. Meanwhile, a quantum…
