The National Optics Institute (INO) has won the Grand Prix québécois de la qualité, receiving the award from Quebec's Minister of the Economy, Innovation and Exports, Jacques Daoust, and Mouvement québécois de la qualité, Chairman of the Board, Roch L. Dubé, at a ceremony in Montreal held on November 13 in conjunction with the best business practices show, Salon sur les meilleures pratiques d'affaires.
A leader in energy and automation technology, ABB has decided to build new facilities in the Espace d’innovation Michelet in Québec City, a $20-million project. The new, larger building will accommodate its 200 employees and allow ABB to pursue its growth.
The Government of Quebec, Investissement Québec, Invest in Canada and Québec International are pleased to be associated with the Industrial Asset Management Council (IAMC) professional forum that will be held in Quebec City. This is the first time that this event will be held outside of the United States. It will be a unique opportunity to showcase the assets of Canada, the province of Quebec and the Quebec City region to a select clientele of American investors. Nearly 400 participants are expected to attend this forum, which will be held from September 13 to 17 at the Quebec City Convention Centre.
Black Tie Ventures, an up-and-coming social game developer of highly targeted social casino games for niche markets, announced today that it is launching Pink Martini Casino, a revolutionary social gaming project. Over $7.5 million will be invested in Quebec City's local economy for the development and operation of this venture, which is expected to generate over $150 million over the next three years.
Québec City is a powerful draw for organizations seeking a truly stand-out destination for their events. This attraction has come to the fore in recent months, with the city landing nine international conferences in head-to-head competitions with other world cities.
Opsens Inc. ("Opsens") (TSX-V: OPS) is pleased to announce that its Japanese distributor received Shonin approval from the Japanese Ministry of Health, Labor and Welfare ("MHLW") to market the OptoWire and the OptoMonitor, our products that measure Fractional Flow Reserve ("FFR") in patients with coronary artery disease.
Réseau Québec-3D was created by Québec’s Ministère de l’Économie, de l’Innovation et des Exportations so that local businesses can benefit from what many are calling the biggest industrial revolution since the Internet.
4Degrees, the company behind the new high-technology and eco-friendly data center is proud to announce that Uptime Institute, the international reference in the data center field, awarded 4Degrees their coveted Tier III certification.
Cominar Real Estate Investment Trust has signed a deal to buy a portfolio of 15 properties including shopping centres, office buildings and an industrial park in Quebec and Ontario from Ivanhoe Cambridge for $1.53 billion.
Following the announcement of an investment of $28 million at its Quebec City studio at Davos in January, Ubisoft confirmed today that it will be investing $4 million of this amount to equip new workspaces in the St-Roch district. This move will ensure the studio’s presence in the neighborhood for the next 14 years. At the same time, Ubisoft revealed that the Quebec studio is ramping up to be lead studio in the production of a future installment of Assassin’s Creed®, one of Ubisoft’s flagship brands and one of the most popular and best-selling video game franchises in the world.
In its 2014 Magic Quadrant for Enterprise Search released last week, the analyst firm Gartner has positioned Coveo, a provider of search and relevance solutions, furthest along the completeness of vision axis in its Leader’s quadrant. Gartner’s report evaluates 17 providers of enterprise search solutions, each assessed based upon both their completeness of vision and ability to execute.
Three members of Anges Québec, including angel investor Maxime Detraux, have invested $400 K in Gullivert Technologies, which can also count on a $200 K investment from Desjardins Innovatech. The Quebec company has redesigned the mechanics of industrial air compressors and developed the only technology in the world capable of compressing gas directly using belt technology, allowing industries to reduce their energy consumption.
The Global Association for Contact Center & Customer Engagement Best Practices awarded a gold medal to the Card and Payment Services Business and Personal client contact centres at the ContactCenterWorld, Americas edition. This recognition has elevated Desjardins to the top position among medium-sized call centres known for their outstanding human resources and client relations practices in North, Central and South America.
Scenic bike rides will never be the same now that there's CycleMap, a mobile application created by David Boudreault and Olivier Carbonneau, two young techno entrepreneurs, and cyclists in their free time. In no time at all, CycleMap allows bikers to find the best route possible anywhere in the world for a ride alone or with family!
EXFO announced today it has acquired the business of Aito Technologies, a leading provider of customer experience analytics for mobile network operators (MNOs), through an asset purchase deal. Based in Espoo, Finland, Aito Technologies offers out-of-the-box customer experience analytics software that unifies business, network, product and customer data for real-time analysis, discovery, reaction and decision support for a wide range of users and decision-makers within a wireless operator organization.
Asmacure Ltee, a clinical-stage biopharmaceutical company focused on the development of novel, proprietary compounds that target cholinergic receptors for the treatment of pulmonary diseases, today announced top-line results from a combined Phase 1 and 2a trial evaluating its lead compound, ASM-024, in moderate asthma patients.
Manac, a North American leader in the design and manufacturing of specialty trailers, announces today the acquisition of all of the issued and outstanding shares of Peerless Limited for $14.75 million in cash, subject to certain net working capital adjustments. Established in Penticton, British Columbia, Peerless is a designer and manufacturer of highly specialized trailers and chassis for a variety of industries, including oil and gas, mining, forestry, logging and construction. Peerless had been operating the Mobile Solution division of McCoy Corporation since 2004.
Attraction Distribution is pleased to announce the sale of Rooster doodle-doo, the feature-length animation film from Quebec’s 10th Ave Productions, to China Movie Channel for airing on Chinese television. The film is the first feature-length animation film directed by Pierre Greco, and it is produced by Nancy Florence Savard of 10th Ave (The Legend of Sarila).
CO2 Solutions, an innovator in the field of enzyme-enabled carbon capture technology, today announced that it has entered into a Collaboration Agreement with Colorado-based Neumann Systems Group, Inc., an established emissions control solutions provider.
Again showcasing Canadian talent and creativity, an impressive number of Canadian developed and published video games are taking centre stage at this year's Electronic Entertainment Expo (E3 Expo) in Los Angeles. Throughout the Expo, Canadian-made games are being showcased on next generation consoles and a variety of mobile devices. Emanating from a creative cluster of companies which is the biggest in the world per capita, Canadian-produced games from ESAC member companies at E3
The year 2014 marks the 50th anniversary of Universitas and the achievement of an important milestone: the crossing of the threshold of $1 billion in assets under management. The organization has assumed a pioneering role by being the first and only Quebec-based foundation promoting education savings in Quebec.
Nyx Hemera Technologies’ President and Chief Executive Officer, Pierre Longtin, is proud to announce the installation of the Tunnel Lighting Addressable Control System (TLACS) in the Carlin Tunnel, located in Nevada, USA. Nyx Hemera Technologies’TLACS has been installed in the first Highway Rated Speed tunnel that is fully lighted with LEDs in North America.
Atrium Innovations announces that Peter Luther, former President of Johnson & Johnson Consumer Healthcare, has been named President and Chief Executive Officer of Atrium, effective at the end of June. He succeeds Pierre Fitzgibbon, who, as previously announced, will leave the Company by mutual agreement with the Board of Directors.
Smiths Detection has signed an agreement with Canada’s Optosecurity to develop and distribute an advanced Checkpoint Enterprise Software Solution which will improve the overall performance of security checkpoints and reduce their operational costs.
Exceldor and Parrish & Heimbecker, Limited are pleased to announce that they have signed a definitive agreement under which Exceldor will acquire P&H Foods. Included in the transaction are the primary turkey processing plant located in Hanover, Ontario, and a joint venture interest in Golden Valley Farms consisting of a further processing plant located in Arthur, Ontario. P&H Foods produces and sells products under the Butterball brand in Canada under a licensing agreement with Butterball, LLC, headquartered in Garner, North Carolina.
CO2 Solutions announceS it has received a Notice of Allowance from the U.S. Patent and Trademark Office for its patent application No. 13/264,294 entitled Process for CO2 Capture Using Micro-Particles Comprising Biocatalysts. The Corporation also takes this opportunity to provide an update on the depth and breadth of its U.S. intellectual property portfolio in context of the landmark announcement made this week by the U.S. Environmental Protection Agency (EPA) on the regulation of carbon emissions from existing power plants.
The Business Development Bank of Canada (BDC) announced today that the turning-point project, "Room with a View," submitted by local businessman Louis-Philippe Noel, will represent Quebec in the finals of the 2014 BDC Young Entrepreneur Award (BDC YEA).
The Genomics Center of the Centre de recherche du CHU de Québec, with its high-tech equipment, offering services to over 300 research teams each year, was officially inaugurated today. This center enables research professionals from the CHU de Québec, affiliated with Université Laval, to maintain and develop their acquired leadership in this cutting-edge area of genomics.
The National Optics Institute (INO) announces that it received the Celestica Award for Technology Commercialization from the Canadian Advanced Technology Alliance (CATAAlliance), the largest high-tech association in Canada, at the 29th Innovation and Leadership Awards Gala on May 21 at Carleton University in Ottawa.
B-TEMIA, leader in human augmentation systems announces the first public unveiling of its Military dermoskeleton at the Special Operations Forces Industry Conference – SOFIC’14, in Tampa (Florida, USA). This one of a kind innovation in soldier protection will be demonstrated in the booth of BTEMIA’s strategic partner Revision Military and marketed under the Revision’s commercial name “PROWLER”, including the “B-TEMIA Enabled” co-branding. This event is part of the B-TEMIA / Revision contract under the US Army SOCOM R&D program.
H2O Innovation announces that it was recently awarded $8.8 million in new contracts. These new contracts bring the Company's order backlog for water treatment projects to $31.6 million as of May 20, 2014, excluding backlog from its Specialty Products and Services division (PWT, Piedmont and H2O Innovation Maple).
The new Desjardins building in Lévis houses the tallest interior living wall in the world. The artwork, "The Currents", was designed by Green over Grey, a design firm specializing in the creation of living walls (aka green walls or vertical gardens). For this project, they drew inspiration from the views of the St. Lawrence River visible from Quebec City and Lévis. The green wall complements the new building's eco-friendly concept, which is expected to receive LEED gold certification after completion September 2014.
TSO3, an innovator in low-temperature sterilization technology for medical devices in healthcare settings, today announced that the Company has submitted a new file to the US Regulatory Authorities for the purpose of obtaining clearance for the STERIZONE® low temperature Sterilizer in that market.
Opsens, a company focusing on two high-growth markets, measurement of Fractional Flow Reserve in medical instrumentation and oil and gas, has won two awards at the 7th Annual Stock Company Gala, held in Quebec on April 29, 2014.
Canam, a business segment of Canam Group, North America's largest fabricator of steel components, is today deploying its BuildMaster® approach across the United States. The approach, which has been offered in Canada since the end of 2010, is a safer and faster process based on collaboration with partners that is redefining the way buildings are designed and constructed.
A Quebec shipyard has been awarded a $6.5-million contract by the federal government for refit work on the Canadian Coast Guard ship CCGS Louis S. St-Laurent. The work will be done at the Quebec City-area operations of Chantier Davie Canada Inc., a sub-contractor to Babcock Canada, an engineering services company.
Today marks the launch of a world-class aviation facility in Quebec City. The Complexe Capitale Hélicoptère, located near Quebec City Jean Lesage International Airport, offers a full range of services related to the helicopter industry, while setting out to make its mark as a new tourist destination unlike any other on the market. The new complex, which is now open to the public, features a breathtaking Discovery Space for visitors of all ages that offers high-performance flight simulators, helicopters on display and interactive ways to discover the helicopter universe.
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 de l'Économie, de l'Innovation et des Exportations, Emploi-Québec, Secrétariat à la Capitale-Nationale/National Capital office), Economic Development Canada and the Ville de Québec.