The BetaKit Podcast Channel Dominion Dynamics' CEO thinks defence is a "generational opportunity" for Canadian entrepreneurs
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Nov 15, 2025 Eliot Pence, Founder and CEO of Dominion Dynamics, is on a mission to establish Canada’s first homegrown defence technology powerhouse. He passionately discusses the critical need for a domestic defence sector, emphasizing the current over-reliance on American suppliers. Eliot highlights the potential of defence innovation to drive economic growth and technological advancements. He advocates for building trust between entrepreneurs and government while outlining the opportunities in autonomy technology for Arctic operations. Eliot sees this as a generational opportunity for Canadian entrepreneurs to innovate.
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Large Geography Meets Decades Of Underinvestment
- Canada has vast territory and limited defense investment, creating a large unmet need for defense capability and innovation.
- Eliot Pence argues decades of underinvestment leave a generational opportunity to build a domestic defense industry.
Defense As An Innovation Multiplier
- Defense drives invention and creates high economic multipliers compared to other industries.
- Pence cites historical examples where military R&D produced major civilian technologies and economic spillovers.
Building A Canadian Defense Prime
- Dominion Dynamics aims to be Canada's first defense prime and replace U.S. suppliers with Canadian ones.
- The company builds an autonomy stack and mesh-networked data service for Rangers and CAF in the Arctic.