Look at Sapper Labs. They won around a 2 million IDEAS DND contract and later went on to the next stage where they got 7million to bring it to commercialization.
basically how I read it, is that we are out now for the DND contract. The 40 million is dead and they are to scared chicken !$&8 to come out and admit it. They need to be transparent on this and include the details in the "upcoming update on all verticals". The Canadian government is still dedicated to the program they say. But honestly they have seen no more money for years now and they constantly throw that damn 40 million $$ around which is totally misleading. If that contract is dead that is material information. So they NR some vague ambiguity and say "looking for other funding" .... how are they allowed to state stuff like that.