Dominion Dynamics raises $139-million to scale, secure federal government contract
Chief executive Eliot Pence says investors that company attracted are a testament to Dominion’s prominence on the global stage
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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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