Two Canadian companies have been selected for the second phase of a NATO defence tech accelerator program that aims to develop dual-use technologies.
Outside of Canada, investors have increasingly poured money into defence tech.
Longueuil, Que.-based Reaction Dynamics and Ottawa-based Tactiql have advanced to Phase 2 of NATO’s Defence Innovation Accelerator for the North Atlantic ( DIANA ), and will each receive 300,000 euros ($482,000 CAD).
Just 15 companies advanced to Phase 2II of DIANA, narrowed down from 76 finalists and 2,600 proposals from global defence tech companies. DIANA aims to support the development of technologies with military and civilian uses across NATO member countries, and to facilitate their adoption. The accelerator offers access to NATO test centres, an investor