Business News and Headlines

Josh Ogden Thinks Canada’s Drone Industry Can Gain some Altitude

Josh Ogden, CEO of AVSS, warns that Canada’s drone sector has dwindled to fewer than 20 manufacturers that merely assemble foreign components rather than develop core technology. He points to historic successes like Aeryon Labs, many of which were acquired by overseas firms, illustrating a loss of domestic IP. AVSS exemplifies a home‑grown model, designing parachute safety systems with a unique FAA Means of Compliance and exporting globally. Ogden argues that without dedicated procurement programs and long‑term contracts, Canadian firms will remain dependent on foreign designs, limiting growth and national security.