North Vector Dynamics
Calgary maker of the CM-70 counter-drone missile; founded 2022, valued above $90m.
With a fresh C$29m Series A behind it, reported in Canada on 26 October 2026, North Vector Dynamics aims to turn out thousands of its 3kg CM-70 interceptors a year by 2027.
Last refreshed: 26 October 2026 · Appears in 1 active topic
Can a 3kg Canadian missile make drone interception cheap?
Timeline for North Vector Dynamics
Raised C$29m to build the CM-70 missile
Drones: Industry & Defence: Beyond Vision, North Vector raise fundsBackground
North Vector Dynamics closed a C$29m Series A, led by the Czech venture fund Tech Horizons and reported by The Globe and Mail on 26 October 2026, to put its CM-70 interceptor into production. It intends to open a 25,000-square-foot facility and reach an output of thousands of missiles a year by 2027.
Former University of Calgary engineering professors, among them chief executive Paul Ziadé, chief Science officer Craig Johansen and Colin Hill, set the company up in Calgary in 2022; it calls itself Canadian-owned and controlled. Under a metre long and weighing about 3kg, the precision-guided CM-70 can be fired from the ground, from aircraft or from another drone. Defence Research and Development Canada backed its early development.
An August 2026 strategic investment from the Czech defence group CSG valued North Vector above $90m.
What is the CM-70 missile?
How much did North Vector Dynamics raise?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 26 October 2026. Editorial standards.