From SpaceLab to ATCO Ventures

Building the Next Chapter of Innovation at ATCO: From SpaceLab to ATCO Ventures

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At ATCO, innovation has always been essential to building resilient businesses and creating lasting value for our shareholders and the communities we serve. This commitment continues with the transition of SpaceLab to ATCO Ventures—a dedicated venture-building and investment platform designed to accelerate external growth.

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Launched in 2019, SpaceLab was created to help teams across the organization explore new ideas, build innovation capability, and ask better questions. Over the years, SpaceLab has contributed to a culture of innovation, improved organizational fluency, and helped create sustainable new value.

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ATCO Ventures was established to expand innovation efforts through strategic investment, hands-on venture building, and commercialization support. Our mandate is commercial and outward facing: helping ATCO’s businesses develop new customer pathways, new leads, and new revenue opportunities, while also investing in companies that align with ATCO’s capabilities in energy, housing, and defence.

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A Focus on Commercial Impact

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ATCO Ventures supports founders and operating teams with the resources required to move from concept to commercialization—faster, with greater confidence, and with measurable outcomes. With expertise in science and technology, venture building, and value-add services, ATCO Ventures focuses on opportunities that can become meaningful businesses and create tangible commercial value for ATCO and its partners.

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“We will work alongside ATCO’s operating companies to create new leads, new markets, and scalable businesses that strengthen the enterprise over the long term,” said Kyle Koss, Vice President of ATCO Ventures.

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SpaceLab’s Ongoing Role

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While ATCO Ventures contributes to ATCO’s external growth and investment mandate, SpaceLab continues to play an important role within the business. SpaceLab operates as a resource hub for ATCO employees, supporting learning and early-stage exploration through tools, frameworks, and educational programming.

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In this context, SpaceLab reflects ATCO’s ongoing investment in its people—helping teams across the business ask better questions, understand challenges deeply, and identify opportunities worth pursuing.

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Looking Ahead

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ATCO Ventures builds on the foundation established by SpaceLab, shifting from internal experimentation to external execution. The platform enables ATCO to partner with founders, deploy strategic capital, and leverage global capabilities to help new ventures scale into meaningful enterprises.

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ATCO Ventures manages a growing portfolio of companies and strategic investments designed to create economic value and expand opportunity for the communities we serve. As the portfolio and partnerships grow, our focus remains clear: to build high-impact ventures that deliver long-term value—today and for generations to come, powering the next wave of possibility.

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