CO2 Solutions, a leading innovator in the field of enzyme-enabled carbon capture technology, today announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO2 Solutions patented process operated at the 0.5 ton/day scale and demonstrated that it can realistically lower the cost of CO2 capture to well below that associated with current carbon capture technology on the basis of cost per tonne captured.
Fruit d'Or announced that the company has pioneered encapsulation of cranberry powders into a two-piece capsule without the use of lubricating agents, a first for the industry. According to Stephen Lukawski, vice president of global business development and sales for Fruit d'Or, there a no fillers, chemicals, additives or excipients within the capsules, which have a fill weight of at least 500 mg of pure cranberry.
EXFO announced today it has acquired the assets of ByteSphere LLC, a privately held software company in the Boston area that specializes in global IT management and network monitoring solutions.
At the 6th Annual National Conference to Defeat Cancer, organized by Coalition Priorité Cancer, Merck Canada reinforced the company's continued commitment to the Quebec life sciences research innovation sector by announcing a $2-million grant to the Quebec - Consortium de recherche en oncologie clinique (Q-CROC).
Still buzzing from the festivities surrounding its 25th anniversary, National Optics Institute (INO) is proud to announce it has been recognized not once but twice in a study commissioned by the Saskatchewan Research Council (SRC).
Louis-Marie Beaulieu, Chairman of the Board and CEO of Groupe Desgagnés and Ross R. Bayus, President of Valero's Canadian Operations are pleased to announce the signing of a landmark agreement. The two companies have formed a joint venture, Transport Maritime Saint-Laurent inc. that has acquired two Panamax-class ships. These ships will serve to transport, among others, crude oil from Valero's Montreal East Terminal to its refinery in Lévis, on the south shore of Quebec City.
CRIQ, Centre de recherche industrielle du Québec, recently had a patent approved by the United States Patent and Trademark Office for a new type of camera case. The equipment will now be used with most CRIQ scanners, including the SAGE X2 scanner/optimizer developed for the wood industry. Thanks to the ingenuity of experienced CRIQ researchers, the camera case was specially designed to meet the needs of laser profilometry inspection systems.
According to Frost & Sullivan, a leading global growth consulting firm, EXFO has solidified its first place in 2013 in the overall portable FOTE market with a market share of 38.2%, an 8% gap with its closest competitor. EXFO's close collaboration with customers and the superior quality of its products have helped the company maintain its brand globally in the portable FOTE market. The key performance driver for EXFO has been its focus on portable OTDRs, fiber inspection solutions and optical spectrum analyzers, for which the company has gained incredible momentum in new regions, with more than 100% growth in Brazil and other Latin American countries in 2011 over 2010.
Industrial Alliance is pleased to announce that it was granted a licence by the Office of the Superintendent of Financial Institutions (OSFI) to administer the federal pooled registered pension plan (PRPP). The PRPP is a new pension plan offered to Canadian companies and self-employed workers who operate under federal jurisdiction, as well as companies and self-employed workers in Yukon, Nunavut and the Northwest Territories. Industrial Alliance will be able to offer the PRPP as soon as the final administrative formalities are processed by government authorities.
4Degrees, the firm behind the largest eco-responsible Internet colocation centre in Quebec City, has sponsored the very first all-electric Tesla brand taxicab in North America, according to Tesla Motors. "We are very proud to be able to help offer the people of Quebec City this green transportation system, a first in North America. For 4Degrees, this partnership makes perfect sense because energy efficiency is central to our activities. We are also strong advocates of the electric transport network and, among other things, we plan to provide clients and employees with free charging stations for electric cars at our future data centre," points out businessman Martin Bouchard, the initiator of 4Degrees, founder of Copernic and cofounder of Coveo.
A team of researchers from Université Laval and CHU de Québec identified unusually high levels of a certain protein in the brains of people suffering from essential tremor (ET), a movement disorder that affects 4% of the adult population. The discovery, the details of which were published in the most recent edition of the journal Movement Disorders, could lead to an effective treatment for this neurological condition, which is 10 times more prevalent than Parkinson’s disease.
Opsens was named a 2014 TSX Venture 50® company by the TMX Group. The TSX Venture 50® ranks the top 10 companies in five major industry sectors, identifying emerging companies that have shown strong results in key measures of market performance. Opsens was ranked among the top Canadian Technology and Life Sciences companies.
Leclerc Foods USA, a North American leader in the cookie, snack bar and cracker industry, is pleased to announce the acquisition of a 166,500-square-foot building in the Freeport Business Center for expansion of its food manufacturing operations inPhoenix, Arizona.
H2O Innovationannounces that it has been awarded a major contract of CAD$10 million in the United Statesto design, build and supply major equipment and services for a seawater reverse osmosis (SWRO) system. This will be the second largest SWRO system in the United States. The contract brings Company's order backlog for water treatment projects above CAD $25 million as of February 11, 2014.
LeddarTech, owner of the patented Leddar™ LED-based detection technology is pleased to announce that it has signed a cooperation, development and licensing agreement with Valeo, one of the world’s leading automotive suppliers. This cooperation between LeddarTech and Valeo will enable Valeo to develop a new infrared sensor for series-produced vehicles and cross a new threshold in its effective deployment of road obstacle detection and tracking functions.
Atrium Innovations is pleased to announce that pursuant to the terms of theInvestment Canada Act, the Minister of Industry has approved the previously announced plan of arrangement providing for the acquisition of all of the outstanding common shares of Atrium by corporations backed by the Permira funds and the acquisition by the Corporation of all of its outstanding convertible debentures. The Minister reviewed the Arrangement pursuant to the Investment Canada Act, and determined that it is of net benefit to Canada. In addition, the Corporation has received clearance from the Ukrainian competition authorities with respect to the Arrangement.
TSO3 announces that the Company has been notified by the European Patent Office of its decision to grant a patent applied for in 2010. This patent describes a method for controlling condensation of hydrogen peroxide (H2O2) when sterilizing medical devices with hydrogen peroxide, either used alone or in combination with ozone or other chemistries. Several other patent applications covering TSO3's technology are still pending in the United States, Europe,Japan and elsewhere in the world. The Company has also been notified by the Japanese and Australian Patent Offices of their intent to grant two of these other patents.
Ubisoft announces its plans to invest CAD 28 million over the course of three years with the goal of creating 100 new jobs at its Quebec City studio. These investments will enable the studio to strengthen its infrastructure and recruit new talents, and take the lead on the development of AAA next-gen games. The Quebec government is supporting the studio's expansion as part of the ESSOR program, with a contribution of CAD 510,000.
Phoenix – Leclerc Group in Quebec City, Quebec, Canada is expanding its foods manufacturing operations into the Valley with plans to employ 100 workers in a facility the company has acquired within the Freeport Center business park in Phoenix.
Canam Group announces the acquisition of a 66% interest in an engineering firm that specializes in wood structures. The transaction, the amount of which has not been disclosed, was completed in the final days of 2013. The company, called Massif Technologies, is composed of a group of engineers and technicians who are specialized in designing non-residential buildings featuring a wooden frame or wood components. The Company, which has offices in Quebec City and Saguenay, also has expertise in project management.
Atrium Innovations Inc. announces that its shareholders and convertible debentureholders have approved the resolution authorizing the previously announced plan of arrangement providing for the acquisition of all the outstanding Atrium shares for cash consideration of $24.00 per common share by corporations backed by the Permira funds and the acquisition by the Corporation of all of its outstanding convertible debentures. Pursuant to the Arrangement, Atrium’s senior management will be rolling over up to approximately $8 million of equity investment in the Corporation.
Desjardins Group, the leading cooperative financial group in Canada, and State Farm®, the largest P&C mutual insurance company in the United States, today announced that they have entered into a definitive agreement under which Desjardins Group will purchase State Farm Canada’s businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits companies.
Mere months away from its official public opening, Complexe Capitale Hélicoptère is very proud to announce the appointment of Gabriel Savard to the position of Chief Executive Officer. In addition to occupying this position, Mr. Savard will also assume the presidency of GoHelico, a firm that for the past year has developed helicopter tours and excursions in the skies over Quebec City.
Aeterna Zentaris announces the closing of its previously announced public offering of 11.0 million units generating net proceeds of approximately US$12.2 million, with each unit consisting of one common share and 0.8 of a warrant to purchase one common share, at a purchase price of US$1.20 per unit. Each warrant is exercisable for a period of five years at an exercise price of US$1.25 per share. Canaccord Genuity Inc. acted as the sole book-running manager, and Maxim Group LLC, H. C. Wainwright & Co., LLC and MLV & Co LLC acted as co-managers for the Offering.
Amongst the contracts announced today, two of them are major contracts awarded by a leading independent energy company engaged in the exploration, development and production of natural gas and oil in North America. These two contracts will see H2O Innovation design, build and commission a potable water treatment package as well as a wastewater treatment package for a 2,300 person workers camp in Northern Alberta.
Thanks to this joint initiative, Université Laval researcher Yves De Koninck and his team will be able to pursue the development of the many scientific discoveries and advances they have made in the last 10 years. Dr. De Koninck is a Professor in Université Laval’s Faculty of Medicine, Scientific Director of the Institut Universitaire en Santé Mentale de Québec, and an internationally renowned expert in the fields of neurology and neurophotonics.
Aeterna Zentaris announced the appointment of Richard Sachse, MD, PhD, as Senior Vice President, Chief Scientific Officer. Before joining Aeterna Zentaris, Dr. Sachse was Vice President, Head of Global Translational Medicine at Boehringer Ingelheim.
Trailer manufacturer Manac Inc. (TSX: MA) has received, from long time client Train Trailer Rentals, what is believed to be the largest Canadian trailer order ever. "700 vans, one order, one basic specification is, to the best of my knowledge, the largest Canadian trailer order ever seen by any manufacturer. Our ability to secure this business from Train Trailer Rentals is based on years of collaboration and mutual support. It is also a tribute to our employees' commitment to providing a cost competitive product, the solid design of our UltraPlate model and an excellent level of service." says Charles Dutil, President of Manac.
Atrium Innovations announces that it has entered into a definitive arrangement agreement with a company backed by the Permira funds whereby the Permira funds will acquire all the issued and outstanding common shares of Atrium, other than the shares to be rolled over by Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec, for $24.00 in cash per Share. Upon completion of the transaction, Atrium will be jointly owned by the Permira funds (75%), the Fonds (12.5%) and CDPQ (12.5%), before management equity programs.
The U.S. government has for the first time approved an adjuvanted vaccine to protect against H5N1 bird flu. The vaccine was made by Quebec City-based ID Biomedical, a subsidiary of pharmaceutical giant GlaxoSmithKline. The approval was announced by the Food and Drug Administration, which regulates vaccines in the United States. The vaccine will not be available commercially; it will be placed in the U.S. government’s emergency stockpile.
EXFO is proud to contribute to the effort given to rebuild the Philippines' infrastructures which have been destroyed by the typhoon, Haiyan, on November 8th. In collaboration with our local distributor, Access Frontier, EXFO will donate testing units to local operators PLDT (Philippine Long Distance Telephone) and Globe Telecom. These units including our OTDR (Optical Time Domain Reflectometer) and OSA (Optical Spectrum Analyzer) will help telecommunication companies detect and analyze network failures. It is very important to get networks up and running quickly to help the victims reconnect with their families.
Aeterna Zentaris announces that it has submitted a New Drug Application to the U.S. Food and Drug Administration for its ghrelin agonist, macimorelin acetate (AEZS-130). Phase 3 data have demonstrated that the compound has the potential to become the first orally-approved product that induces growth hormone release to evaluate adult growth hormone deficiency, with accuracy comparable to available intravenous and intramuscular testing procedures.
Pierre Longtin, President of Nyx Hemera Technologies is pleased to announce an agreement with Anker Solutions AS to promote Nyx’s Tunnel Lighting Addressable Control System (TLACS) in Norway. The TLACS is one of the most technologically advanced tunnel lighting control systems on the market. It is already installed in one of the longest tunnels in the world: the Kallang – Paya Lebar Expressway in Singapore. It is also in operation in several tunnels across Canada and in the United States.
In its continuing effort to identify, evaluate, and implement risk-based security solutions, the Department of Homeland Security (DHS) Transportation Security Administration (TSA) has awarded a contract to Optosecurity Corporation under the Transportation Security Innovative Concepts Broad Agency Announcement. Under this contract, Optosecurity will provide TSA with OptoScreener and eVelocity, advanced detection and screening management software and hardware to be installed and tested in various TSA evaluation locations.
Under the theme of “Better Performance Through Innovation”, the seventh edition of the Quebec City Healthcare Industry Forum (FISQ) will be held on December 4 at Espaces Dalhousie in Quebec City. Organized by Québec International, this major annual event draws 200 key actors from the healthcare sector. Based on true case studies, the program for the 2013 edition will emphasize how incorporating innovative solutions is essential to boosting efficiency and performance within the health and social services systems. Nicolas Marceau, Quebec’s Minister of Finance and the Economy, is slated to deliver the closing address.
LeddarTech, owner of the patented Leddar™ LED-based detection technology is pleased to introduce its new Industrial Leddar™ Sensor, a unique detection and ranging product offering the best cost/performance ratio on the market. This novel sensor can detect, locate and measure all types of objects—solid or liquid—even in the harshest conditions. As it contains no moving parts and comes in an IP67 enclosure, it is rugged and weather-resistant, always ensuring unparalleled performance.
ABB is partnering with BAE System and Saab in a competitive bid for the Department of National Defence (DND) $2 billion Close Combat Vehicle (CCV) program. The Canadian Army requires high survival medium weight vehicles for future missions. The bid includes a total of 108 vehicles along with an option for the purchase of an additional 30 vehicles. A significant portion of the vehicle will be manufactured in Canada through the government's Indus¬trial Regional Bene¬fits (IRB) program. IRB policy requires business activity in the Canadian economy equal to 100 per cent of the contract value.
Exfo Inc., the Quebec City-based designer and maker of high-tech telenetworking equipment, says its expanding wireless business will deliver more growth over the next year and the company’s overall cost base will shrink by a further $9 million U.S.
TeraXion, a leader in the development and manufacturing of optical components designed for very-high-speed networks, and Esterline CMC Electronics (CMC), a leader in the design and manufacturing of avionics systems, are partnering to design next-generation transceivers. Through this partnership, CMC will benefit from TeraXion's expertise in designing high-speed, high-volume components for fiber-optic telecommunications. In turn, TeraXion will benefit from CMC's expertise in the design of high-reliability avionics components, to better meet the ever-increasing reliability requirements of civil optical communications systems.
The first trailer for the game Assassin's Creed IV Freedom Cry is finally out! Produced entirely in Quebec, it is now available on line and will be accessible via live stream from theAssassin's Creed IV Black Flag game in stores starting October 29. The Assassin's Creed IV Freedom Cry trailer was created with the collaboration of partners in Quebec City:Sunny Side Up Creative did the conception and production work, while Squeeze Studio Animation created the 3D scenes and participated in the conception. SAGA produced the live action scenes, and Studio Elément took care of post-production.
Atrium Innovations announces that it has acquired 70% of the outstanding shares of Mucos Pharma CZ s.r.o. , the exclusive distributor of Wobenzym® products in Central and Eastern Europe. Over the past few years, the solidly established Mucos CZ has successfully distributed Wobenzym® products primarily in Russia, Czech Republic and Slovakia. This controlling interest in Mucos CZ reflects the strategic importance of Central and Eastern European markets to Atrium in reference to Wobenzym’s potential and the potential for future cross-selling opportunities particularly in Russia.
The conclusions of a new study, presented in Québec City as part of the 7th Scientific Meeting of the International Society of Nutrigenetics and Nutrigenomics, show a favourable link between maple syrup and metabolic health. The in vivo study, conducted by a team led by Dr. André Marette, who holds a Ph. D. from Université Laval, aimed to compare the glycemic index of maple syrup to that of other sweetening agents, including brown rice syrup, corn syrup, agave syrup, honey, molasses and benchmark solution (dextrose), on healthy animals.
DreamWorks Animation and Blizzard Entertainment will take part in Quebec City’s Mini Pixel new master classes in animation. The side event will be held at the Loews Hôtel Le Concorde on Tuesday, October 29 during Cartoon Connection Canada, an international convention of animation and video game professionals.
Industrial Alliance Insurance and Financial Services and Jovian Capital Corporation announces the completion of the acquisition through a plan of arrangement of all the outstanding common shares of Jovian at $10.23 per share, for the aggregate consideration of approximately $79 million in cash and the issuance of 295,253 common shares of Industrial Alliance.
Arcane Technologies has joined the Khronos Group. Khronos Group manage well known API specifications such as OpenGL,OpenCL and WebGL. The Khronos Group is an international industry consortium focused on the creation of open standard, royalty-free application programming interfaces (APIs) for authoring and accelerated playback of dynamic media on a wide variety of platforms and devices. Khronos members may contribute to the development of Khronos API specifications, vote at various stages before public deployment, and accelerate delivery of their platforms and applications through early access to specification drafts and conformance tests. Companies including AMD, Apple Intel, Imagination, Nvidia and Sony are all board members.
There are many decisions to make when you carry out an inspection project, mostly with regards to which hardware and software should be used. During service projects for customers, Creaform metrologists use relevant tools in order to make sure that their time is optimized, and sometimes they can even use partner technology along with Creaform products.
Structal-Bridges, a Canam Group division has been awarded five contracts valued at nearly $33 million to rebuild or replace highway infrastructure in Canada and the United States.
Aeterna Zentaris announces that the Company's President and CEO, David Dodd, will be presenting a corporate overview at the Rodman & Renshaw Annual Global Investment Conference on Monday, September 9, 2013, at 10:50 am (Eastern), in Room 7.02 of the Millennium Broadway Hotel, in New York.
Optosecurity a leader in liquid detection technology announced today that it has received a first major purchase order for its OptoScreener software upgrade solution. Amsterdam Schiphol Airport is moving forward with liquid detection in preparation for the upcoming partial liquid ban lift in Europe, in January 2014. This purchase order is significant for Optosecurity and Amsterdam Schiphol Airport is planning for further orders in the next few months.
Québec International's mission is to contribute to the economic development of the Québec City metropolitan region and enhance its international status. As a regional economic development agency, Québec International fosters growth and development, supports key business sectors and attracts talent and investment to the region. The agency is supported by public and private partners; particularly with the financial support from the Government of Québec (ministère des Finances et de l'Économie, Emploi-Québec, Bureau de la Capitale-Nationale/National Capital office), Economic Development Canada and the Ville de Québec.