The Ottawa-based company led by Canadian former Anduril executive Eliot Pence raised its pre-seed funding from only Canadian sources, it said, including Garage Capital and Golden Ventures. Dominion Dynamics is focusing on the Arctic, intending to gather and process a wide range of sensor data to guide autonomous devices, both military and civilian, in distant parts of the North. (The Logic)
Talking point: Job postings advertise Dominion as a future “defence prime,” a label usually applied to giants like Raytheon and Lockheed Martin. Canada needs to sidestep them and focus on future technology, Pence argued in an August essay co-written with Benjamin Bergen of the Council of Canadian Innovators. Dominion revealed a blue-chip advisory board, chaired by former Conservative leader Erin O’Toole and including retired generals Wayne Eyre and Mike Rouleau, plus former PSP Investments CEO Neil Cunningham.