Waterloo’s Cognitive Systems, backed by Quantum Valley Investments, unveils sensor


Waterloo-based Cognitive Systems has brought its amera product out of an 18 month stealth mode period, unveiling a sensor that detects and visualizes wireless radio frequency (RF) signals in physical space. The amera sensor, and its underlying R10 chip, identifies wireless signals connected to a user’s network. It notifies a user when a device connects […]

TSO3 deal with Getinge may set stage for takeout, says Laurentian

TS03's low-temperature 125 litre STERIZONE® sterilizer is designed for terminal sterilization of heat and moisture sensitive medical devices.

A deal that will see Getinge become the exclusive agent for TSO3’s (TSX:TOS) core product heightens the possibility that the former may buy the latter, says Laurentian Bank Securities analyst Nick Agostino. Yesterday, TSO3 announced it had granted Getinge Infection Control AB the exclusive global rights to distribute its Sterizone VP4 sterilizer for (U.S.) $7.5-million, […]

Apivio Systems third quarter results get thumbs up at Haywood

Apivio CEO Rob Bakshi.

Apivio’s (TSX:APV) third quarter results were “exceptionally strong” says Haywood analyst Pardeep Sangha. This morning, Apivio reported its third quarter, 2015 results. The company earned $516,529 on sales of $16.86-million, up 52% from the $11.07-million topline the company posted in the same period a year prior. “We are pleased with the unexpectedly high performance of […]

D-Wave sells 2X Quantum Computer to Los Alamos National Laboratory


The Los Alamos National Labaratory in New Mexico, a research institution focused on scientific research and national security, has ordered a 1,000+ qubit computer from Burnaby, B.C.’s D-Wave Systems Inc., the D-Wave 2X, to be installed in their research facility early in 2016. Los Alamos has been tasked with leading a collaboration between the Department […]

University of Waterloo team Voltera wins 2015 James Dyson Award


Kitchener-based Voltera, who successfully raised $502,310  on a $70,000 Kickstarter campaign goal for developing their Voltera V-One circuit board printer, has taken the 2015 James Dyson award, winning the $45,000 US, approximately $54,000 Cdn., top prize. The Dyson award, named for the inventor of the Dyson vacuum cleaner, was started in 2002 to recognize recent […]

Snaile mailbox sensor sends you a text when you’ve got mail


Have you got mail? For Canadians who still have residential delivery, it’s merely a matter of peeking into the mailbox on their doorstep. But for the 73% of Canadians who have their mail delivered to community mailboxes, not knowing whether to bother making the trip constitutes a major inconvenience. Snaile Inc., of Huntsville, Ontario, has […]

Honeywell acquisition is no slam dunk for Com Dev shareholders, says Paradigm


The acquisition of Com Dev by Honeywell isn’t a slam dunk for the Canadian company’s shareholders, but it does have potential upside for them, says Paradigm Capital analyst Daniel Kim. Yesterday, Com Dev (TSX:CDV) announced it would sell itself to Honeywell International for a cash consideration of up to $5.25 per common share, representing an […]

OMsignal appoints chief marketing officer, launches R&D Lab


Montreal biometric smart apparel maker OMsignal has announced the launch of OMlabs, a research and development group that will focus on integrating existing apparel brands with their biometric technology. In addition to using OMlabs to work with existing apparel brands, OMsignal will continue to develop its own sport and lifestyle focused line of apparel. OMsignal […]

Calgary’s CoolIT Systems receives order to expand Polish high-performance computing centre


Calgary-based CoolIT Systems, a provider of Direct Contact Liquid Cooling technology for data centres, has received an order from the Poznan Supercomputing and Networking Center (PSNC) in Poland to expand its Direct Contact Liquid Cooled (DCLC) cluster, installed by CoolIT this past May. The order consists of an additional 17 racks of liquid cooled Huawei […]

Waterloo drone maker Aeryon Labs raises $60 million from Summit Partners


Waterloo-based Aeryon Labs has taken a $60 million ($45.9 million US) investment from Boston’s Summit Partners to help the company scale into the small Unmanned Aerial Systems (sUAS) market, which analysts believe will approach $6 billion by 2020. “This is a significant milestone for Aeryon Labs,” said president, CEO and co-founder Dave Kroetsch. “It validates […]