Dominion Dynamics aims to go public within five years

Dominion Dynamics plans to go public within five years, CEO Eliot Pence said at an online policy briefing in Canada.

The Canadian defence technology company wants to compete with major US contractors such as Lockheed Martin.

Pence says public ownership could help Canadians feel invested in building a large defence company.

Dominion launched in June 2025 and has raised private funding, including a $139-million Series A round earlier this year.

It is working on an autonomous aircraft designed to fly alongside crewed fighter jets and on uncrewed ground vehicles for Ukraine.

The planned listing would move Dominion from private funding to public markets, where some other Canadian defence companies have already listed.

Pence says the company hopes to list in three years, but gives a three-to-five-year timeline for reaching that goal.