Creative Destruction Lab

The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.

Ludovic ANDRÉ

Associate

Rob Barbara

Associate

Mark Blackwell

Associate

Kent Brown

Associate

Shila Nieves Burney

Associate

Neil Cameron

Associate

Charles Conn

Associate

Isabel Fox

Associate

Matt Golden

Associate

Bernard W. Gray

Associate

Gary Griffiths

Associate

Colin Harris

Founding Partner

Andrew Haughian

Associate

Mack Healy

Associate

Charles Hudson

Associate

Patricia Hume

Associate

Richard Jhang

Associate

Patrick Kappel

Venture Manager, Space stream

Patrick Keefe

Associate

Shelley Kuipers

Associate

Elaine Kunda

Associate

Nicole LeBlanc

Associate

Josh Manchester

Associate

Ashif Mawji

Associate

Adam McNamara

Associate

David Moehring

Associate

Chris Moyer

Associate

Kyle Nakatsuji

Associate

John Neis

Associate

Rich Osborn

Associate

Kaustubh Pandya

Associate

Jean-François Pariseau

Associate

Oliver Plunkett

Associate

Steve Pretre

Associate

Jay Rhind

Associate

Andre Rocha

Associate

Adam Rogers

Associate

Jamie Rosenblatt

Associate

Maryanna Saenko

Associate

Tekin Salimi

Associate

Micah Siegel

Associate

Isaac Souweine

Associate

Roy Thiele-Sardina

Associate

Claude Vachet

Associate

Chris Wake

Associate

Lucy Wang

Associate

Samuel Wu

Associate

John Yianni

Associate

Sarah Young

Associate

Past deals in Aerospace

Arkion

Seed Round in 2021
SkyQraft AB specializes in aerial inspections of power lines using long-range drones equipped with advanced imaging technology. Founded in 2019 and based in Stockholm, Sweden, the company employs fixed-wing unmanned aircraft to survey electric grids, capturing comprehensive 360-degree views of power lines. This data is processed through a machine learning-based risk assessment system, enabling the identification of potential issues. When problems are detected, SkyQraft dispatches ground crews to address the repairs. The innovative use of drones and automated analytics positions SkyQraft as a leader in enhancing the safety and efficiency of power line maintenance in northern Europe.

Aquark Technologies

Non Equity Assistance in 2021
Aquark Technologies specializes in the development of compact cold-atom systems aimed at advancing quantum applications such as atomic clocks, sensors, and navigation systems. The company employs a unique laser geometry technique, stemming from over a decade of proprietary research at the University of Southampton, to miniaturize these systems to the size of a matchbox. This innovation enables the creation of plug-and-play quantum devices that offer portability and support the integration of quantum technologies into everyday life, paving the way for the next generation of quantum sensing and computing solutions.

Axya

Non Equity Assistance in 2021
Axya, formerly known as GRAD4 Inc., is a Montreal-based company that has developed an artificial intelligence platform aimed at automating industrial operations. The platform offers a software as a service (SaaS) solution that connects small and medium-sized manufacturing shop owners with suppliers, streamlining the subcontracting process for computer numerical control (CNC) machining, sheet metal, and parts manufacturing. Additionally, Axya provides contract management, quotation receipt, tender approval, and data analysis services, all designed to enhance efficiency in the manufacturing sector. Established in 2019, the company's marketplace standardizes and centralizes the subcontracting process, making it easier for users to access necessary services and materials.

AWE Technologies

Non Equity Assistance in 2021
AWE Technologies develops wave-science-based, non-invasive sensors to characterize, measure, and manipulate objects and fluids. Active Wave Engineering (AWE) Technologies focuses on non-invasively identifying & characterizing fluids + materials as well as manipulating objects by specially adapting wave energies that intersect the spectrum from acoustics to electromagnetics for solving challenging technical problems.

Spintex

Non Equity Assistance in 2021
Spintex Engineering Limited, established in 2018 and located in Oxford, United Kingdom, specializes in the production of high-performance silk fibers targeted at the aerospace, automotive, and medical textile industries. The company employs an innovative biomimetic spinning process that utilizes alternative proteins in a water-based solution, significantly reducing energy requirements and enabling the creation of sustainable and cost-effective materials. Spintex’s technology not only supports the development of advanced textiles for various applications but also holds the potential for recycling pre-consumer waste streams, thereby contributing to sustainable practices in the textile industry.

Aegiq

Non Equity Assistance in 2021
Aegiq Ltd. specializes in the development of semiconductor-based quantum photonic chips, utilizing III-V materials such as Gallium, Indium, and Arsenic. Founded in 2019 and headquartered in Sheffield, United Kingdom, the company focuses on creating technology that supports various applications, including broadband quantum communication, imaging, and scalable quantum computing. Aegiq's innovative platform employs a hybrid integrated photonics approach, facilitating economies of scale for quantum technology while enabling multi-million qubit operations. This positions Aegiq to offer a comprehensive range of products and systems in quantum cybersecurity, networking, and computing, significantly enhancing reliability and security compared to traditional silicon-based solutions.

Breezi

Non Equity Assistance in 2021
Breezi.io, Inc. is a company that specializes in developing and manufacturing wireless devices designed to monitor the health of heating, ventilation, and air conditioning (HVAC) systems. Founded in 2016 and based in Pittsboro, North Carolina, Breezi offers products such as AirPulse, which tracks the condition of air filters and other HVAC equipment. The company's solutions cater to both residential and commercial property owners, enabling them to detect potential issues with their HVAC systems before they escalate into more significant problems. Through its innovative approach, Breezi aims to enhance the efficiency and reliability of smart home technologies.

Iris Dynamics

Non Equity Assistance in 2021
Iris Dynamics Ltd. is a Canadian technology startup based on Vancouver Island, specializing in innovative magnetic force-controlled actuator motors. This technology enhances the human-machine interface and has been implemented across various sectors, including aircraft controls, flight simulation, remotely piloted vehicles, heavy equipment, automotive, industrial automation, robotics, and semiconductor manufacturing. By offering improved performance, reliability, and cost-effectiveness compared to traditional technologies, Iris Dynamics is developing high-performance stabilization platforms for diverse client applications. The company also engages in advanced electromagnetic research at two prominent Canadian universities to further its technological capabilities. Iris Dynamics is actively seeking industry partnerships to expand the application and impact of its technology.

Ariel Precision Medicine

Non Equity Assistance in 2021
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.

Hydromea

Non Equity Assistance in 2021
Hydromea is a developer of a portable underwater robotics ecosystem designed to enhance access to submerged assets and data in underwater environments. The company offers a scalable multi-robot inspection and sensing system that can be permanently installed at sea or deployed from mobile autonomous crafts. This technology is equipped with in-house developed sensors that can be customized for various drones, enabling efficient data collection both onshore and offshore. Hydromea's focus on portability, affordability, and ruggedness allows its systems to withstand hostile underwater conditions, facilitating regular inspections, environmental measurements, and emergency responses. By providing faster data points at low costs, Hydromea delivers valuable insights to companies operating in marine environments.

Starfish Space

Non Equity Assistance in 2021
Starfish Space Inc. specializes in providing on-demand in-space transportation and maintenance services for satellites. Founded in 2019 and based in Kent, Washington, the company develops small space tugs equipped with advanced Proximity Operations Software that integrates orbital mechanics, machine vision artificial intelligence, and low-thrust electric propulsion. These innovative space tugs are capable of performing various satellite servicing missions, including life extension, relocation, disposal, and inspection. By utilizing this technology, Starfish Space enables satellite operators to enhance the functionality and longevity of their assets in orbit.

Leiden Measurement Technology

Non Equity Assistance in 2021
LMT is a research and development company specializing in developing high-end scientific instrumentation. It utilizes advanced microfluidic, optical, spectroscopic, and chemical extraction techniques to create devices designed for a wide variety of scientific applications including use in space exploration, closed-cycle water analysis, environmental analysis, and biomedical and point-of-care analysis.

Orbital EOS

Non Equity Assistance in 2021
Orbital EOS S.L. is a company based in Valencia, Spain, that specializes in earth observation solutions through satellite-based technologies. Founded in 2019, the company focuses on addressing challenges in the maritime domain, including oil spill detection, ship monitoring, coastal surveillance, wildfire detection, logistics, and air quality assessment. Its platform employs artificial intelligence and utilizes multispectral and hyperspectral sensors for continuous monitoring and analysis of oceanic areas, enabling effective detection and classification of marine pollution events. Orbital EOS aims to provide valuable insights and support to various industries reliant on maritime environments.

SpinDrive

Non Equity Assistance in 2021
SpinDrive specializes in the development of advanced levitation technology, focusing on magnetic bearing systems that enhance energy efficiency while promoting oil-free solutions. Their innovative systems include magnetic bearing sensors that monitor shaft positioning and relay this information to a magnetic bearing controller. This technology allows clients to significantly improve system efficiency, reduce material consumption, and lower maintenance costs, making it a valuable solution for industries seeking sustainable and efficient operational practices.

AIKO

Non Equity Assistance in 2021
AIKO is a company focused on developing and commercializing artificial intelligence algorithms to enhance the autonomy of satellite missions. Its technologies analyze data collected during space missions, including telemetry and external information, to create and adjust operational schedules. This capability allows for autonomous decision-making during missions, which is tailored to meet the specific needs of end-users and mission stakeholders. Through its innovative approach, AIKO aims to improve the efficiency and effectiveness of space operations.

3D BioFibR

Non Equity Assistance in 2021
3D BioFibR Inc. engages in biomaterial manufacturing services that produces biofibers such as spider silk, collagen, and chitosan. It provides services to global markets, which includes biomedical engineering, green textiles, defense, and aerospace engineering. It offers products for 3D tissue cultures and collagen tendons for biomedical research. The company was founded in 20202 and is based in Halifax, Canada.

ResilienX

Non Equity Assistance in 2021
Developer of software monitoring system designed to increase the resilience and reduce the maintenance costs of universal transverse mercator systems. The company's software platform monitors the health, integrity, and performance of the systems involved in scaled AAM (Advanced Air Mobility) operations, with customers spanning federal, state, and commercial organizations, it orchestrates the mitigation of off-nominal situations and assists with automated contingency management, it monitors the health, integrity, and performance of the systems involved in scaled BVLOS (Beyond Visual Line of Sight) operations, enabling organizations to meet the FAA's (Federal Aviation Administration)more

Formalloy

Non Equity Assistance in 2021
Formalloy Technologies, Inc. is a manufacturer of directed energy deposition (DED) machines, specializing in the production, enhancement, and repair of metallic parts. Founded in 2019 and based in Spring Valley, California, the company utilizes advanced metal additive manufacturing technology to create near-net shape components. Formalloy's innovative laser metal deposition process offers a cost-effective alternative to traditional manufacturing methods, allowing for the efficient design, research, development, and integration of metallic parts. The company serves a diverse range of industries, including aerospace, defense, energy, automotive, and heavy industry, by providing solutions that minimize material waste and reduce production costs.

VYouPoint Aero

Non Equity Assistance in 2021
VYouPoint Aero is a start-up company that develops web applications for regional and low-cost airlines.

Precious Payload

Non Equity Assistance in 2020
Precious Payload is a provider of space mission management services that simplifies the planning and execution of space missions. The company offers a marketplace for space launches, insurance, and integration services, enabling space entrepreneurs to manage and control their mission progress efficiently. Precious Payload assists clients in navigating licensing and export regulations, while also maintaining oversight of the mission roadmap. This comprehensive approach allows users to effectively test their business and technology hypotheses, making the complexities of space missions more accessible and manageable.

Miraex

Grant in 2020
Miraex SA, established in 2019 and headquartered in Lausanne, Switzerland, specializes in the development and manufacturing of photonic and quantum solutions. The company focuses on creating advanced photonic sensors, quantum transducers, and quantum converters aimed at enhancing industrial applications, aerospace security, and defense, as well as quantum networking and computing. Miraex's innovative systems are designed to operate in challenging environments where traditional electronic sensors are ineffective, allowing for proactive asset failure prevention. Additionally, the company constructs quantum integrated circuits tailored for high-sensitivity measurements and supports the infrastructure necessary for distributed quantum computing.

Miles Space

Non Equity Assistance in 2020
Developer of spacecraft propulsion and communication technology based out in Tampa, Florida. The company's products include plasma thrusters, signal processing, signal enhancement, and symbol-aware emitter fingerprinting, enabling clients with LEO and GEO communication systems at a fraction of the cost of conventional dishes, readily deployed worldwide.

i-5O

Non Equity Assistance in 2020
Their vision is to create a future where man and machine work together in harmony. As robotics and automation become ever more pervasive in society, they are creating technology that enhances human performance so that their children can have a meaningful future.

Aeroflux

Seed Round in 2020
Developer of aircraft braking systems intended to provide frictionless and virtually wear-free braking. The company's magnetic brake technology provides completely contactless, wear-free, and maintenance-free braking of large passenger jets, enabling airline companies to save cost in maintenance and operating costs per plane.

Benchmark Space Systems

Non Equity Assistance in 2020
Benchmark Space Systems is building a low-cost propulsion system for the rapidly growing small satellite market. The company system uses a non-toxic, inert chemical that is safe to transport and store, making it attractive to a range of customers. The small satellite market is predicted to be $30B over the next 10 years, and propulsion is a key enabling technology for this growth. Their system also uses a proprietary, patent-pending system that will offer tremendous value by offering solid performance at a low cost. It proposes a resistor jet micro propulsion system that leverages a solid gas generator to offer high-performance, low-cost propulsion with key safety features. Benchmark Space Systems was founded in 2017 and is headquartered in South Burlington, VT, USA.

SE4

Non Equity Assistance in 2020
SE4 is a new kind of “software for robotics” company, one where the robot itself is not important. Why? Because when we look out at the industry and see only bespoke, single-purpose robotics, we feel it could be so much more. SE4 specialises in remote robotics using VR, enabling remote operation at vast distances.

Interstellar Technologies Corporation

Non Equity Assistance in 2020
Interstellar is a small, veteran-owned business focused on providing innovations in design and manufacturing for propulsion and space systems. With over 120 years of experience in aerospace and mechanical engineering for advanced space systems, the Interstellar team has previously worked several high-profile Government and Commercial space programs which have included the SpaceX Falcon 9 launch vehicle, the SpaceX Dragon capsule, and NASA’s Space Shuttle. In addition, the Interstellar team has experience stemming from over ten rocket engine development and flight programs including the Space Shuttle Main Engine, Air Force Integrated Powerhead Demonstrator (IPD) engine, NASA J-2X engine, SpaceX Merlin engine, SpaceX Raptor engine, SpaceX Draco and SuperDraco, NASA Additive Manufacturing Demonstrator Engine and the PGA Engine program. The Core Team at Interstellar recently completed two years of advanced development for the Stratolaunch 200,000 pound thrust PGA Engine, which had completed several key design and hardware testing milestones which would have enabled one of the fastest large engine developments in history. Interstellar's mission is to expand Humanity's presence into the solar system in our lifetimes. We intend to do this by creating and providing in-space solutions that utilize advanced manufacturing technology and design.

Weav3d

Non Equity Assistance in 2020
WEAV3D Inc. is a company based in Norcross, Georgia, that specializes in the development of composite forming technology. Founded in 2017, it commercializes a unique composite forming machine that integrates weaving and composite consolidation into an automated, continuous process. This innovative technology significantly reduces waste, cycle time, and material handling costs. By utilizing techniques such as continuous lamination, D-LFT compression molding, and injection molding, WEAV3D Inc. enables the fabrication of composite parts that can lower production costs by up to 75% compared to traditional carbon fiber composite methods. The company's technology was initially developed at the Georgia Institute of Technology, showcasing its roots in advanced research and innovation.

Aquaai

Non Equity Assistance in 2020
Aquaai Corporation, established in 2014 and located in San Diego, California, specializes in the development of biomimetic fishlike drones designed for monitoring marine environments. The company leverages artificial intelligence, robotics, and machine learning to enhance the aquaculture industry. By offering innovative solutions, Aquaai aims to assist fish farmers in saving time and reducing costs while increasing fish production to meet growing demand. Additionally, Aquaai's technology promotes the delivery of healthier seafood and contributes to the preservation of ocean ecosystems.

Impossible Sensing

Non Equity Assistance in 2020
Developer of an optical sensor technology designed for space exploration in extreme terrestrial and extraterrestrial environments. The company develops ultra-sensitive laser spectrometers, onboard landers, and rovers to automate sample capturing by flyby spacecraft, providing scientists with innovative optoelectronics and data analytic technologies.

ARIX Technologies

Non Equity Assistance in 2020
ARIX Technologies, Inc. is a robotics and data analytics company that specializes in developing crawling robots for pipeline inspection in the oil and gas sector. Founded in 2017 and headquartered in Jackson, Louisiana, with an engineering office in Houston, Texas, the company’s technology combines robotics with advanced data analytics to enhance the detection and analysis of corrosion in pipeline assets. This innovative approach not only improves safety and sustainability for petrochemical facilities but also offers significant cost savings in manufacturing operations. Through its solutions, ARIX Technologies aims to transform pipeline monitoring practices, enabling companies to better manage their infrastructure.

Phaseshift Technologies

Pre Seed Round in 2020
At Phaseshift, we develop novel high performance alloys using Computational Chemistry and Machine Learning. Our Machine Learning models are trained to predict material properties associated with a large range of alloy compositions in a a few seconds. This, along with our computational chemistry models, enable us to model the behavior of any alloy composition in a time and cost efficient way without any compromises with the accuracy. We use our solution to develop materials for our clients that have a very specific set of needs that are unmet by existing material choices. Currently we are focused on a specialized class of materials - Amorphous Alloys and High Entropy Alloys. These materials are often considered as some of the toughest materials known to us but are less easily commercialized than traditional alloys. Some use cases of these alloys are found in the bio-medical industry, aerospace industry, nuclear industry, etc. We can also optimize our materials for the ever evolving manufacturing landscape and are currently working on projects that involve optimizing are materials for Additive Manufacturing.

InspectAR

Corporate Round in 2020
InspectAR Augmented Interfaces Inc. is a technology company based in St. John's, Canada, that focuses on augmented reality applications for the electronics industry. Founded in 2018 and currently a subsidiary of Cadence Design Systems, InspectAR develops software that enhances the inspection, debugging, and reworking processes for printed circuit boards (PCBs). The platform overlays design information directly onto the physical board, allowing electrical engineers and technicians to interact with hardware more intuitively. This innovation aims to streamline the hardware prototyping process and accelerate PCB assembly, ultimately reducing errors and improving efficiency in electronic manufacturing.

Synthergy

Non Equity Assistance in 2020
Synthergy develops physics-based software that allows for the simulation of advanced semiconductor industry product manufacturing.

Infinite Composites

Seed Round in 2019
Infinite Composites Technologies (ICT) specializes in the development and manufacturing of advanced composite pressure vessels and structures. Founded in 2010, the company aims to transform composite pressure vessel technology to facilitate its widespread adoption, particularly in the aerospace and transportation sectors. ICT's innovative gas storage systems are designed to hold more fuel weight than their own cylinder weight, making them especially suitable for weight-sensitive applications such as launch vehicles, satellites, and spacecraft. The company is committed to continuous improvement, striving to meet and exceed customer and industry quality standards while delivering fault-free products. Through its advanced technologies, ICT plays a crucial role in supporting space exploration and promoting sustainable transport solutions.

Pixxel

Pre Seed Round in 2019
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

Tubular Sciences

Seed Round in 2019
Provider of sealing technology intended to eliminate the need for field welding during metal pipeline installation. The company's technology is a fully automated, cold-formed pipe connection system which requires significantly fewer personnel than field welding and brings assets online faster and more economically, enabling industries to reduce the environmental impact of pipeline construction via reducing the need for heavy machinery, personnel, and required transportation miles.

PTScientists

Non Equity Assistance in 2019
PTScientists is a private space technology company focussed on enabling cost-efficient and widely usable access to space by bringing down the costs of space missions. The ALINA spacecraft is at the heart of our mission technology enabling a wide range of commercially viable infrastructure assets such as a 4G network basestation developed in cooperation with Vodafone and the Nokia Bell Labs.

Electric Sky

Non Equity Assistance in 2019
Grid energy on-the-go. The grid holds vast, clean, low-cost energy. Until now, there's been no practical method to tap the grid while moving at high speed. Electric Sky is changing that, developing new techniques for transmitting higher energy over longer distances. We're exploring power-hungry applications like space launch, electric aircraft, UAMs (Urban Air Mobility vehicles), UAVs (drones), electric trucks & cars, UUVs (Unmanned Underwater Vehicles), robotics, handheld power tools, and portable consumer electronic devices. Our customers will appreciate lower costs; the planet will appreciate zero emissions.

Voyager Space Technologies

Non Equity Assistance in 2019
Voyager Space Technologies, Inc. specializes in the development of satellite design software aimed at automating the spacecraft design process. Founded in 2017 and based in San Diego, California, the company offers an intelligent platform that integrates analyses, tracks requirements, and facilitates collaboration among engineers. Its flagship product, SatBuilder, assists in identifying commercially available components that meet specific software, electrical, mechanical, and reliability standards for satellite missions. By streamlining the design process, Voyager Space Technologies aims to reduce both the time and cost associated with developing new satellites, ultimately enabling engineers to meet stringent mission parameters efficiently.

CisLunar Industries

Non Equity Assistance in 2019
Space debris is a resource. CisLunar Industries is developing the technology to recycle and reuse it in space. Transforming the economics of space debris clean-up. Accelerating the adoption of in-space manufacturing. Building the foundations of an industrial cislunar economy. Overview: CisLunar Industries, a space technology startup, is creating an industrial scale, space-based metal refining and production capability in cislunar space. By redefining space debris and treating it as the optimal near-term resource for in-space metal production, the company will open the market for space-sourced structural materials. To achieve this vision, the company is developing a group of orbital platforms called Space Foundries that will recycle space debris and non-functioning spacecraft to produce refined metal and salvaged components, massively impacting two areas: (1) By making space debris valuable, active debris removal becomes a potentially profitable activity, and space debris remediation/mitigation becomes economically self-sustainable. (2) The adoption of in-space manufacturing will be accelerated by creating a cost-effective, steady supply of refined metal, well before the commercial availability of lunar or asteroid sourced materials. Although space debris is a significant potential resource, it is only the jumping off point in the company’s long-term vision. Processing space debris allows CisLunar Industries to master in-space materials production early in the development of the cislunar economy and positions the company to be the refinery of choice for future lunar and asteroid miners.

SeerTracking

Non Equity Assistance in 2019
Seer Tracking is a privately held company based in Palo Alto, CA. Our vision is to provide space debris classification and tracking services to commercial constellation satellite companies, private spaceflight operations, and government space agencies. Seer Tracking resolves complex space debris tracking problems by utilizing Artificial Neural Networks (ANNs) capable of recognizing orbital patterns and grouping clouds of debris. We ultimately seek to provide an accurate alternative to the current space debris tracking technology.

Cognitive Space

Non Equity Assistance in 2019
Cognitive Space is a technology firm specializing in the automation of command and control for satellite operations through its proprietary CNTIENT-SC3 platform. The company leverages artificial intelligence to streamline mission planning and management for constellations of Earth-observing and telecommunications satellites. By providing a software-as-a-service solution, Cognitive Space addresses the evolving demands of the space market, enabling commercial satellite operators to optimize their assets in response to dynamic conditions. The leadership team, boasting over 50 years of experience in space systems and software development, is committed to enhancing the efficiency of satellite operations. This innovation facilitates improved monitoring of Earth for various applications, including economic, environmental, and national security purposes.

Atomos

Non Equity Assistance in 2019
Atomos Space is a Denver-based company focused on developing a fleet of spacecraft designed to transport satellites and other assets between orbits and to various destinations in space. The company specializes in electric-propulsion vehicles that can easily rendezvous with customer payloads in low Earth orbit, delivering them to their intended locations. Atomos also addresses the disposal of defunct satellites through deorbitation or relocation to a graveyard orbit and offers solutions for recovering launch failures. Incorporating advanced nuclear technologies, Atomos is pioneering the use of small modular fission power systems, which promise to enhance the capabilities of space operations, including asteroid mining and other power-intensive activities. This innovative approach aims to create a sustainable and scalable in-space transportation network, enabling enterprises and explorers to expand their reach within both low and deep space.

New Ascent

Non Equity Assistance in 2019
Developer of products and services designed for non-traditional space customers. The company's ground-based launch technology offers science, technology, engineering, and mathematics (STEM) education tools, curriculum, and other resources, enabling students to reimagine space and show them there are multiple paths and careers related to space.

UNIVERSAL TRANSPORT SYSTEMS LLC

Non Equity Assistance in 2019
Universal Transport Systems is dedicated to bringing human spaceflight down to Earth. To accomplish this goal we are creating a near single stage to orbit spacecraft that operates similar to a light airplane; requiring only a very small team to launch. Our key technological differentiators include a unique solid propellant rocket engine that is throttleable, stoppable, and in-flight restartable; as well as a pressure stabilized "inflatable" vehicle design. Combined with the pressure stabilized vehicle, the engine allows for incredibly high propellant mass fractions. The engine and propellant design dramatically improves safety while reducing launch costs. In order to monetize this new industry which we are creating, we will make most of our money through propellant sales; as repeat business is the most reliable revenue stream. Several years ago we started with a handful of novel ideas and began prototyping. Today we have an engine system, two full scale vehicles in testing, and a portfolio of patentable, patent pending, and patented technology. Our next step is to enter the DARPA Launch Challenge (we have already perqualified), where we will be given $400K to continue development, and up to $12M more if we make our orbital launch goals.

Altius Space Machines

Non Equity Assistance in 2019
Altius Space Machines, Inc. is a space technology and robotics company based in Louisville, Colorado, specializing in the development of innovative space infrastructure solutions. Founded in 2010, the company focuses on creating low-cost space tugs, known as Bulldog tugs, which enable satellite operators to perform robotic towing, repair, upgrade, and refueling of their satellites affordably. Altius employs nearly a decade of expertise in custom robotic and space technology, having worked with organizations such as NASA, DARPA, and commercial partners like NanoRacks and United Launch Alliance. Their offerings also encompass technologies for capturing and disposing of space debris, extending satellite lifespans, facilitating frequent and economical transport to orbital stations, and retrieving samples from asteroids or comets for scientific exploration. Altius Space Machines aims to transform the operational capabilities of satellite constellation operators through its advanced robotic systems and infrastructure solutions.

Leap Biosystems

Non Equity Assistance in 2019
Leap Biosystems is a healthcare company focused on advancing medical technologies and astronaut medical training platforms to support future human space exploration initiatives. The organization is comprised of a team of Canadian professionals with expertise in medical, aerospace, research, and engineering fields. Leap Biosystems aims to provide innovative solutions that combine clinical medicine with technology, enabling effective medical care in remote environments. Their offerings include remote medical procedure guidance technology, designed to enhance the delivery of healthcare in challenging settings, ultimately changing lives and improving healthcare systems.

Reaction Dynamics

Non Equity Assistance in 2019
Reaction Dynamics is a Canadian company based in Saint-Jean-Sur-Richelieu, incorporated in 2008, specializing in the development of space transportation technologies. The company focuses on creating agile and affordable access to orbit, primarily through the production of specially adapted rockets and a cost-effective engine. Utilizing additive manufacturing and specialized supply chains, Reaction Dynamics aims to facilitate spaceflight by enabling the launch of small satellites into orbit.

SpaceRyde

Seed Round in 2019
SpaceRyde is a Canadian company founded in 2018 and headquartered in Toronto that specializes in providing on-demand launch services for small satellites. The company has developed an innovative launch platform where a high-performing ultra-light rocket is carried by a balloon to the edge of the atmosphere. Once at this altitude, the rocket is ignited to deliver microsatellites into Low Earth Orbit. SpaceRyde aims to simplify access to space for microsatellite operators, positioning itself as a key player in the emerging satellite launch market. The company has also established a strategic partnership with Solar Ship Inc. to enhance its operational capabilities.

Bluefield

Seed Round in 2019
Bluefield Technologies Inc. specializes in developing microsatellite sensors that monitor methane emissions globally. The company utilizes a combination of backpack-sized satellites and artificial intelligence imaging to detect and analyze methane leaks, providing real-time data to various industries, including oil and gas, environmental regulation, and intelligence. Its platform offers subscription-based access to alerts and analytics, assisting clients in tracking climate change and reducing greenhouse gas emissions. Founded in 2017 and based in Palo Alto, California, Bluefield aims to enhance emissions monitoring and contribute to environmental sustainability.

Mission Control Space Services Inc.

Non Equity Assistance in 2019
Mission Control is a space exploration and robotics company specializing in spacecraft operations, onboard autonomy and artificial intelligence. We are developing a full-stack robotic control solution. Our technology is designed to control and automate robotic assets operating in harsh and remote environments and increase the safety, efficiency and scientific or financial return of missions.

Averro Robotics and Technology

Non Equity Assistance in 2019
Averro Robotics is a technology start-up operating in St. John's, NL, developing robotic solutions for the various industries

Wyvern

Non Equity Assistance in 2019
Wyvern Incorporated, founded in 2018 and based in Edmonton, Canada, specializes in the manufacturing of hyperspectral satellites designed for earth observation. The company's satellites are compact yet deliver high spatial resolution and superior spectral content. This technology allows various industries, including agriculture, forestry management, and environmental monitoring, to capture detailed image data across multiple bands. By providing affordable access to this advanced data, Wyvern enables organizations to make informed decisions more efficiently.

NoPo Nanotechnologies

Non Equity Assistance in 2019
NoPo is working towards a vision of making space accessible to everyone by mass producing the ideal material for spacecraft construction; Single Walled Carbon Nanotubes. Carbon Nanotubes would help decrease mass fraction allowing for increased payloads and a safer trip. The company developed the proprietary NoPo HiPCO technology to produce Nanotubes consistently and at scale.

FZ Engineering

Non Equity Assistance in 2019
FZ Engineering is a 3D printing company that specializes in developing processing systems aimed at integrating 3D-printed metal and polymer components into various industries. The company focuses on enhancing surface quality and dimensional accuracy, which allows clients to optimize their supply chains. By providing advanced post-processing solutions, FZ Engineering enables industries to effectively utilize 3D printing technology according to their specific requirements.

The Launch Company

Non Equity Assistance in 2019
The Launch Company specializes in providing hardware and ground support equipment for the aerospace sector, aiming to assist next-generation space companies in achieving reliable access to orbit. The company offers a range of services, including the design of ground support equipment for both mobile and fixed launch systems, as well as the development and refinement of operational concepts and procedures. Their expertise includes analyzing hazards, ensuring redundancy, and supporting autonomous operations. Additionally, The Launch Company has created and tested commercial off-the-shelf quick disconnect hardware designed for autonomous refueling operations, applicable to both launch vehicles and spacecraft. This focus on innovative solutions enables clients to achieve consistent and efficient deliveries to outer space.

Leo Aerospace

Seed Round in 2018
Leo Aerospace is building a dedicated delivery service for microsatellites. Their mission is to make it as easy to put a satellite into space as it is to ship a package across the country. To achieve this, they’re developing a suite of services to launch on-demand to any low earth orbit. Their systems require zero fixed ground infrastructure and provide high launch frequency. After a successful launch-test campaign at the end of 2018, they are poised to service defense and civil customers with their platform in 2020.

MesoMat

Non Equity Assistance in 2018
MesoMat specializes in advanced sensing technology, focusing on the development of plastic-based fibers that serve as lightweight strain sensors. These innovative fibers are designed to monitor fatigue, fracture, and failure in critical material systems. By integrating these sensing fibers with custom electronics and software, MesoMat provides a comprehensive condition-based monitoring platform that leverages real-time data to prevent material failure. The fibers can be easily embedded into various materials, including those in high-strain environments that are typically difficult to access with traditional strain sensors. MesoMat's technology aims to enhance safety and efficiency in numerous applications, particularly in sectors where material integrity is crucial.

AuroraQ

Non Equity Assistance in 2018
AuroraQ is a Toronto-based quantum computing startup founded in 2017 that specializes in developing standardized and modular quantum components. These components are designed to integrate seamlessly with various quantum processor technologies, making them scalable and accessible for a wide range of users, including existing quantum computing companies, academic institutions, and government agencies. AuroraQ's modular approach simplifies entry into the quantum market, fostering growth within the industry. In addition to component development, the company provides engineering analysis services, which include designing conducting quantum circuits, generating quantum equations for circuit time evolution, and simulating circuit operations under different environmental conditions. This comprehensive approach aims to advance the field of quantum computing, enabling customers to innovate and accelerate their projects effectively.

Advanced Intelligent Systems

Non Equity Assistance in 2017
Advanced Intelligent System is a leader in creating practical robots to automate tasks that are labour intensive or dangerous for humans to perform. AIS has created a proprietary library of hardware and software modules that can be used to significantly reduce the cost and time of product development. AIS's flagship autonomous robot, BigTop has been designed to move and space plant pots in nurseries and greenhouses. https://www.ai-systems.ca/custom-robotics-company/. AIS has a pipeline of products in various stages of development. The AIS library of assets are protected with patents and trade secrets. AIS performs market studies to understand the automation needs and find ways to address them by using robotics systems. AIS collaborates with universities, governmental organizations and industry.

Eosense

Non Equity Assistance in 2017
Eosense (formerly Forerunner Research Inc., ) is a product company that designs and builds weatherproof gas monitoring devices for soil gas flux research. They are dedicated to equipping research and industry with accurate, go-anywhere tools. Their products capture concentration and flux data for greenhouses gases such as carbon dioxide and methane, and perform exceptionally well in soil, mud, shallow water, and snow.

Noze

Non Equity Assistance in 2017
Stratuscent Inc., based in Montreal, Canada, specializes in developing an advanced electronic chemical sensing platform known as CloudSense. This innovative technology leverages artificial intelligence algorithms and material innovations to identify and quantify various chemical footprints present in the environment. By integrating robust additive manufacturing techniques, Stratuscent aims to enhance the capabilities of its chemical sensors, enabling them to detect a wide range of chemicals. The company's focus on vertical AI positions it uniquely in the market, as it seeks to provide accurate and efficient solutions for environmental monitoring and analysis.

A&K Robotics

Non Equity Assistance in 2016
A&K Robotics Inc., founded in 2015 and headquartered in Vancouver, Canada, specializes in designing and building innovative robotic systems. The company focuses on developing intelligent navigation systems that enhance robots' ability to collaborate with humans. A&K Robotics creates electric micro-mobility platforms and self-driving robotic pods, which aim to improve quality of life and promote environmental sustainability. Their products are intended for use in large facilities such as airports, malls, and museums, as well as in crowded urban areas and future smart cities, providing individuals with greater freedom of mobility. Through its advancements in robotic technologies, A&K Robotics seeks to push the boundaries of the industry and explore practical applications that can significantly benefit society.

SkyWatch

Seed Round in 2016
SkyWatch Space Applications Inc. is a company that develops satellite data aggregation software through its platform, EarthCache. This platform enables users to discover and access a wide range of remote sensing datasets. SkyWatch offers digital infrastructure for distributing Earth observation data and derived intelligence, equipping application developers with essential tools, including advanced processing algorithms and comprehensive APIs for machine-to-machine integration. EarthCache features informative dashboards for usage monitoring and a code builder for rapid application development. The platform supports various datasets from satellite constellations such as Triplesat, Sentinel-2, and Landsat-8, making it suitable for academic research and partnerships. Founded in 2014, SkyWatch is based in Waterloo, Ontario.

Kepler

Non Equity Assistance in 2015
Kepler Communications Inc. is a satellite communications company focused on establishing a telecommunications network in space to enhance connectivity for various applications. The company designs, develops, and operates Low-Earth Orbit (LEO) satellites that provide crucial communication services, including PolarConnect for organizations in extreme environments, a Global Data Service for transferring large data files, and everywhereIOT for Internet of Things (IoT) devices. These services address the challenges of intermittent connectivity faced by non-geostationary satellites and reduce reliance on traditional ground infrastructure. Kepler’s advanced network allows for real-time access to space-borne assets, enabling industries such as maritime, natural resources, defense, and logistics to connect and share information effectively. Founded in 2015 and headquartered in Toronto, Canada, Kepler is actively expanding its satellite constellation, with plans for broader deployments to facilitate global communication capabilities.
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