Vancouver, BC — Farpoint Technologies today announced its return to the Web Summit stage as opening night gets underway at Web Summit Vancouver, where CEO Nicholas Ning will serve as Master of Ceremonies for the New Venture Summit and publicly unveil the company's newest flagship product, Fabric — a sovereign coding platform purpose-built for the mission-critical software that runs regulated industries.

Following Farpoint's appearances at Web Summit Lisbon and Web Summit Qatar, this year's edition brings the company home. Web Summit Vancouver — Canada's largest gathering of technology founders, investors, and policymakers — is hosted in Farpoint's home city, and arrives at a moment when the country is moving decisively to rebuild sovereign capability across the sectors that matter most.

The case for self-reliance

In February 2026, the federal government launched its Defence Industrial Strategy, committing to a generational reset of how Canada invests in its own industrial base. In April, the Spring Economic Update named Building the Canadian Sovereign AI Foundation and Powering AI Adoption for Shared Prosperity among the six pillars of a forthcoming National AI Strategy. The direction is set, but the policy is the easier half of the problem.

The harder half is execution. Across defence, energy, finance, healthcare, and public services, the software that runs critical national infrastructure was written decades ago, by engineers who have long since moved on. The code is aging. The documentation is incomplete. The institutional memory has retired. And the AI tools transforming developer productivity elsewhere in the economy were not built to operate inside the security perimeters, compliance regimes, and air-gapped environments that regulated industries require.

"Canada is making a serious commitment to economic and digital sovereignty, and we fully agree with the direction," said Nicholas Ning, CEO of Farpoint. "But strategy isn't the constraint anymore — execution is. The systems we need to modernize are exactly the ones today's AI tools can't touch. That's the gap Fabric was built to close."

Introducing Fabric

Fabric is an enterprise-grade AI orchestration platform for software development in large, complex, and security-sensitive codebases. It is the first commercial product from Farpoint Technologies, alongside the firm's established applied research AI practice, and represents the company's investment in the long-term infrastructure layer that regulated industries will require to participate in the agentic era.

Fabric is built for the developers and engineering teams that off-the-shelf AI coding tools were never designed to serve: those working inside banks, defence primes, government agencies, energy utilities, and other organizations operating under compliance, sovereignty, or deployments requirements that rule out cloud-native, US-hosted alternatives. The platform provides a context-aware, human-in-the-loop orchestration layer that produces predictable, explainable engineering output — and it is deployable in environments where data and intellectual property must remain under Canadian, or customer control.

Early on, a customer told us: 'If your tool needs the internet to function, it doesn't function for us,'" Ning said. "That sentence shaped how we built Fabric. Our customers operate in environments where the work doesn't stop because a server somewhere is having a bad day. They need code that holds up in production, in a regulated environment, where the cost of getting it wrong isn't measured in a missed deadline.

A Canadian platform for a global problem

While Fabric was built in Vancouver and reflects Canada's strengths in AI research and pragmatic engineering, the underlying problem is global. Regulated industries in every advanced economy — Japan's financial sector, Australia's energy grid, NATO defence partners, European public-service modernization — face the same demographic and technical pressures: aging codebases, retiring engineers, and rising regulatory expectations that rule out the consumer-grade AI tools dominating the broader market.

Farpoint's positioning of Fabric as a sovereign-by-design platform — one that respects the data residency, IP ownership, and operational control requirements of regulated buyers — is intended to make it deployable in every jurisdiction where those requirements apply. The company is in active commercial conversations across Canada, Australia, Japan, and allied defence markets.

"This is a moment where Canada gets to decide whether it builds the infrastructure of the agentic era, or buys it from somewhere else," Ning added. "We'd like to build it. Web Summit on home soil is the right place to say so out loud."

About Web Summit Vancouver

Web Summit Vancouver is Canada's edition of the Web Summit conference series, which has hosted flagship events in Lisbon, Doha, Rio de Janeiro, and Hong Kong. The 2026 edition convenes founders, investors, policymakers, and media at the Vancouver Convention Centre from May 11–14, 2026. Farpoint's participation reflects the firm's commitment to Vancouver as both a home base and an ecosystem with the technical depth to lead in the next wave of computing. CEO Nicholas Ning will serve as Master of Ceremonies for the New Venture Summit stage and will join the panel AI × Quantum: Why British Columbia Is Positioned to Lead the Next Computing Wave, exploring how the province's converging strengths in artificial intelligence and quantum technology are opening new frontiers from enterprise AI to quantum applications.

About Farpoint Technologies

Farpoint is a Canadian applied research firm building AI systems for enterprises and public institutions operating under real-world constraints. The firm partners with global organizations to design, implement, and scale AI initiatives that deliver sustainable business impact, and develops Fabric, a sovereign coding platform for mission-critical software in regulated industries. Farpoint is headquartered in Vancouver, British Columbia, with active commercial operations in Canada, Japan, and allied markets.