Wyvern, an Edmonton-based satellite imaging startup, secured $6M USD in funding led by Squadra Ventures, with participation from Uncork Capital, Y Combinator, and others. The funding will help Wyvern expand into the US market, addressing demand in sectors like forestry and agriculture. Founded in 2018, Wyvern has grown from four founders to 33 employees. This follows a previous $7M USD "seed-plus" round and additional funding for agricultural and wildfire mitigation technology.

The future of digital connectivity is increasingly shuffling off the binds of its terrestrial coils. This, as Amazon’s Project Kuiper satellite initiative has taken a key step toward establishing a globally connected optical mesh network powered by a space lasers system. Since its successful launch and deployment of two prototype satellites with optical inter-satellite link (OISL) capabilities in October 2023, Amazon has been attempting to build an OISL ecosystem capable of moving and landing data anywhere via a mesh network in space, creating an end-to-end communications payload and network