North Vector Dynamics Raises CAD 29M Series A Led by Tech Horizons

North Vector Dynamics Closes CAD 29 Million Series A

North Vector Dynamics, a Canadian defence technology company specializing in precision interception, autonomy and advanced propulsion for air and missile defence, has raised a CAD 29 million Series A round. The round was led by Tech Horizons.

Round Details

• Round type: Series A
• Amount: CAD 29,000,000
• Lead investor: Tech Horizons
• Funding date: October 26, 2026

Additional participants in the round include ONE9, Feld Ventures, Garage Capital, Ripple Ventures, CSG (Czechoslovak Group) and Conconi Growth Partners.

About the Company

Founded in 2022 and headquartered in Calgary, Alberta, North Vector Dynamics develops technology for air and missile defence. Its flagship product, the CM-70, is a low-cost, ITAR-free precision-guided interceptor missile designed to defeat highly maneuverable drones and to integrate into existing layered air-defence architectures.

The company was co-founded by former University of Calgary engineering professors Dr. Paul Ziadé, who serves as CEO, and Dr. Craig Johansen, who serves as Chief Science Officer.

Market Position

North Vector Dynamics holds contracts with Canada's Department of National Defence and serves NATO members and partner nations. The company's focus on ITAR-free interception technology positions it within the growing demand for counter-drone and layered air-defence solutions among allied governments.

Why It Matters for Acquisition Watchers

The Series A gives North Vector Dynamics fresh capital at a stage when defence technology companies are attracting heightened strategic interest. Its combination of government contracts, allied-nation customer relationships and a proprietary interceptor product makes it a name to track for potential strategic partnerships or consolidation in the defence technology sector. The participation of CSG (Czechoslovak Group), a defence-industry investor, alongside venture firms, suggests crossover interest from both financial and strategic backers.

What to Watch

• Expansion of CM-70 deployments and integration with existing air-defence architectures
• Growth of contracts with Canada's Department of National Defence and NATO partner nations
• How the new capital is deployed toward production and propulsion development