Canada’s recently-released Defence Industrial Strategy (DIS), the first of its kind in Canada, sets out several ambitious goals, not the least of which is to route 70% of Canada’s defence procurement spending toward Canadian firms. While the ecosystem has started a lively debate on what it means for a firm to be Canadian, the definition is far from the only challenge in the way of realizing this goal. As Canadian companies shift toward dual-use and defence application in response to the present funding environment, they face regulatory challenges in a system that is not ready to absorb the demand.
In this interview, Kyle Briggs interviews Loki Jörgenson, CTO of Circle Innovation about the regulatory bottleneck that is fast approaching. We get into the weeds of Circle Innovation’s approach to supporting companies as they begin to scale, the imminent rush to meet regulatory requirements for defence procurement, and what it’s going to take to meet that demand.
READ THE INTERVIEW AT THE CanINNOVATE website
