Dominion Dynamics raises $139-million to scale, secure federal government contract
Carney’s advisory council on Canada-U.S. trade.But the one thing that’s remained elusive to Mr. Pence and his company is a contract with the federal government. Also participating are a second Canadian pension fund, OMERS; Crown corporation Business Development Bank of Canada; Royal Bank of Canada; and several other European, American and Canadian investors.
- ▪Carney’s advisory council on Canada-U.S. trade.But the one thing that’s remained elusive to Mr.
- ▪Pence and his company is a contract with the federal government.
- ▪Also participating are a second Canadian pension fund, OMERS; Crown corporation Business Development Bank of Canada; Royal Bank of Canada; and several other European, American and Canadian investors.
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| Original publisher | The Globe and Mail |
| Canonical URL | https://www.theglobeandmail.com/business/economy/article-dominion-dynamics-raises-139-million-to-scale-secure-federal/ |
| Publication time | Tue, 30 Jun 2026 08:00:00 +0000 |
| Retrieval time | 2026-06-30T08:04:23.966Z |
| Last seen | 2026-06-30T08:04:23.966Z |
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| Summary source text | contentText |
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| Cluster | 9_nXzQWC8HoN |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Open this photo in gallery:Dominion Dynamics founder Eliot Pence speaks at the 2026 Toronto Tech Week Homecoming conference, on May 27.Sammy Kogan/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountIn the past year, Canadian Eliot Pence has turned Dominion Dynamics into one of the country’s most high-profile emerging defence technology companies.The chief executive has trialled products in the North with the Canadian Rangers, attracted attention from a suite of prominent investors, sat down with Prime Minister Mark Carney and now sits on Mr. Carney’s advisory council on Canada-U.S. trade.But the one thing that’s remained elusive to Mr. Pence and his company is a contract with the federal government.
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