📝 Dominion Dynamics raises $26M

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Eliot Pence, a former executive at the California-based defense disruptor Anduril Industries, is leveraging a historic surge in Canadian federal spending to launch Dominion Dynamics, an Ottawa-based startup aiming to become the nation’s first “defence neoprime.” Following a $21 million seed round led by Georgian Partners, the company has now secured $26 million in total capital to challenge the traditional dominance of legacy giants like Lockheed Martin by prioritizing software-first, autonomous systems over rigid hardware. Dominion’s flagship product, Auranet, acts as a digital backbone for Arctic surveillance, fusing sensor data into a "data fabric" that will be put to the test during next month's Operation NANOOK military exercises in the High Arctic. This rapid scale-up occurs against the volatile backdrop of the Greenland crisis and renewed threats to Canadian sovereignty, positioning Dominion Dynamics as a critical player in Ottawa’s broader $82 billion strategy to secure the North through domestic innovation rather than outsourced U.S. technology.

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