12:21:49 EDT Fri 24 Apr 2026
Enter Symbol
or Name
USA
CA



Bombardier Inc (2)
Symbol BBD
Shares Issued 88,076,732
Close 2026-04-23 C$ 245.72
Market Cap C$ 21,642,214,587
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Globe says Bombardier signs long-term CoLab AI deal

2026-04-24 08:48 ET - In the News

The Globe and Mail reports in its Friday edition that Bombardier has signed a multiyear, multimillion-dollar contract to use artificial-intelligence software from CoLab AI Inc., one of Atlantic Canada's fastest-growing start-ups, to help design and make new business jets. The Globe's Sean Silcoff writes that St. John's-based CoLab sells a cloud-based platform for engineers that pulls in data from their e-mails, spreadsheets, notebooks, computer-aided design software and product life-cycle management programs, making it easier to manage collaborative projects. Its software analyzes 3-D models and drawings, adding automated markups and comments on machine designs, and identifying critical issues. The company intends to keep building AI agents that pull in institutional knowledge, which usually resides in the heads of veteran engineers, to inform faster, more effective design decisions and reduce costly product development cycles. CoLab was founded nine years ago by Newfoundland-born and trained mechanical engineers Adam Keating and Jeremy Andrews after they became frustrated by gaps in computer-aided design and product life-cycle management software they used, which dragged on development timelines.

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