OSCP Secures $10 Million in Series A Funding for Navigation Tech

MONTRÉAL, Oct. 1, 2026 /CourierPR/ -- OSCP, a Montréal-based company that designs and manufactures photonic gyroscopes and inertial measurement units (IMUs), has secured $10 million in Series A financing. The round was led by New Science Ventures, with participation from Emerging Ventures and 2050 Capital. Somu Subramaniam, founder and managing partner of New Science Ventures, has joined OSCP's board of directors.

Founded in 2015, OSCP specializes in creating IMUs that are ITAR-free and capable of navigating when Global Navigation Satellite System (GNSS) signals are jammed, spoofed, or unavailable. The company's products are designed for use in various sectors, including space, defence, marine and subsea, rail, robotics, and ground autonomy.

The funding will be used to scale production in Montréal, grow the engineering and sales teams, and bring the next generation of photonic inertial sensors to market.

Since the funding round closed in August, OSCP has made several advancements. It introduced NavigationGate, an inertial navigation system for platforms that lose satellite signal, added ArduPilot support and an open-source ROS 2 driver for its MK2 IMU family, and qualified as a supplier on Canada's Defence Drone Initiative Marketplace.

The company's focus on ITAR-free products positions it well to serve a broad range of industries, from defence and transportation to robotics and autonomous systems. With the influx of capital, OSCP aims to address the growing demand for navigation solutions that are reliable in GNSS-denied environments. The funding round underscores the company's commitment to innovation and its ability to meet the evolving needs of its customers.

The release also notes that OSCP has been actively expanding its product offerings and market presence. The company's next-generation photonic inertial sensors are expected to deliver tactical-grade photonic accuracy at the size, weight, power, and cost of MEMS, making them ideal for applications where GNSS signals are unreliable or unavailable.

With the support of its new investors and the addition of Subramaniam to its board, OSCP is well-positioned to continue its growth and innovation in the field of inertial navigation technology. The company's focus on developing ITAR-free solutions is particularly significant, as it addresses the unique challenges faced by various industries in maintaining reliable navigation capabilities.