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This is not the first time Security Compass has brought other entities into its fold — the company , a provider of training software, in 2024. “Our goal is to do whatever we can to serve our customers in line with our mission and vision,â€� Sethi says. While much of the firm’s growth is still tied to organic sales, he notes, Security Compass will continue to seize opportunities “to expand the portfolio,â€� especially when it means acquiring a product that will better serve clients.ÌýÌý

Very Large Telescope captures very rare supernova

Thanks to an exceptionally powerful bit of technology, astronomers have been able to document a — a type of supernova in which a white dwarf (the burnt-out core of a star) is obliterated by back-to-back explosions — for the first time.

Located in Chile, the European Southern Observatory’s is actually eight telescopes working in concert — four larger units with 8.2-metre mirrors alongside four 1.8-metre auxiliary units.

This powerful piece of equipment was able to capture the rare supernova 160,000 light years away.ÌýÌý

Cardiac device company gets cash infusion

, a Vancouver-based medtech company with an innovative solution to treat atrial fibrillation through electrical pulses, has raised $340 million in an oversubscribed round of funding.

The startup’sÌý involves a catheter equipped with more than 100 electrodes, which can be guided into the left atrium of a patient’s heart by way of the femoral vein.

Once deployed, the device expands its array of electrodes into a globe shape, which enables more accurate monitoring and assessment of irregular heart rhythms and defuses the errant cells with targeted electrical pulses.

This cash will help Kardium move through the necessary regulatory steps (including FDA approval and sign-off from authorities in Canada and Europe) on its path to market.Ìý

Cohere/CoreWeave data centre to boot up next month

A new data hub operated by American company is set to open next month in Cambridge, Ont.

Canadian generative AI firm was instrumental in developing the centre, with the support of federal funding from the , and will be the for its services.ÌýÌýÌý

By the numbers

$2 billion: How much the Canadian government would have collected from U.S. digital firms such as Amazon and Airbnb on June 30. That payment would have been the first instalment of the three per cent ) on revenue collected from Canadians who accessed digital services from U.S. companies, dating back to 2022. On June 29, Prime Minister Mark Carney rescinded the DST in an effort to avoid derailing ongoing trade negotiations with the U.S.Ìý

$4 trillion: of chipmaker Nvidia on July 9. The company was the first publicly traded entity to achieve that market milestone.ÌýÌý

US$3 million: The by Kitchener robotics startup Cobionix, which is developing an AI-driven, automated platform to improve the delivery of health care services.ÌýÌýÌý

40: Ìýof Canadian organizations working on carbon removal initiatives, solidifying Canada as a leader in this space.

It’s not just Canadians looking toward carbon removal as a way to mitigate climate change: Alberta’s , which has built a hub for testing 10 direct-air carbon removal technologies at once, an influx of interest from American carbon tech developers looking to test their solutions in Canada in the wake of climate policy shifts in the U.S.ÌýÌýÌý