Where the 2025 Federal Budget set the direction, the first half of 2026 delivered the receipts. Canada confirmed it met NATO’s 2 per cent defence spending target for the first time in a decade, joined the EU’s SAFE initiative, and released a Defence Industrial Strategy targeting 70 per cent of federal defence contracts for Canadian companies within a decade.
For Alberta’s defence and dual-use tech ecosystem, these are early indicators of where federal dollars and future contracts are headed, and the province is well positioned to contribute.
Our new H1 2026 Deep Dive: Alberta Defence Technology Landscape report provides a comprehensive look at the companies, funding patterns, and investment trends shaping this ecosystem.
What’s in the report
This Deep Dive provides a comprehensive analysis of Alberta’s defence and dual-use technology landscape, examining 289 companies and the investment patterns shaping the sector.
The report covers:
- Total funding activity since 2018 and enterprise value growth, including established companies that have grown nearly eight times in valuation on average
- Funding rounds and exit activity across H1 2026
- Talent pipeline trends across the sector
- Where Alberta ranks nationally among Canada’s defence tech hubs
- Company profiles of Alberta defence tech leaders demonstrating dual-use applications
Discover which companies are scaling, where capital is flowing, and how Alberta’s defence tech ecosystem compares nationally.
Methodology
Our analysis uses a reproducible, multi-stage scoring process aligned with the Government of Canada’s Key Industrial Capabilities (KICs), combined with Dealroom’s structured taxonomy of industries, sub-industries and tags. Companies are scored based on technology relevance across three tiers: Core Defence (5 points), Dual-Use Primary (3 points), and Support/Contextual (1 point). Every company underwent manual verification to confirm operational status and defence-relevant capabilities.