Articles tagged with "Technology"

Montréal-based startup Mechasys has secured $23 million in Series A funding to amplify the production of its XR Projector, a laser projection device for construction sites. The investment, led by Idealist Capital with participation from Fondaction, will aid in scaling production, client onboarding, and further product development. Despite challenges from tariffs impacting profit margins, Mechasys plans to triple its workforce and expand its market internationally, with most revenue already coming from global sales. The company is committed to manufacturing in Canada and aims to improve construction efficiency worldwide with its innovative technology.

Paulyne Cadieux, General Manager of Transal, notes that the industry is facing a turbulence stronger than in previous years. Transal, which gathers aluminum manufacturers and suppliers, aims to support their technical, technological, and commercial development. The organization is crucial in fostering innovation to tackle current industry challenges. Technological solutions are essential for the industry's resilience.

The espace konect incubator has been inaugurated in the Technum Québec innovation zone in Bromont, supported by over $12.3 million in funding. The Quebec government contributed over $11.8 million to the construction to support tech start-ups. This new space aims to bolster economic growth through digital collaboration and innovation. Partnerships with research centers and universities are forged to enhance start-up success.

ABB Installation Products has launched the Microlectric EM Series EV energy management system to facilitate residential electric vehicle charging by optimizing power distribution. This system allows for scalable application across various residential settings and integrates with existing electrical infrastructures ranging from 60 A to 200 A. It helps to prevent system overloads by balancing power demand and can also manage other non-essential electrical loads. The product is manufactured in Canada at facilities in Quebec and Calgary.

The Quebec government will implement the Accelerated Bridge Construction (ABC) method to replace three overpass bridges on Highway 520 over Highway 13 in Montreal and Dorval. This approach will allow for demolition and replacement within approximately five days by prefabricating parts and assembling them on a nearby site. The project aims to minimize local traffic disruption and highlights innovation in complex roadworks.

The Quebec-based company Davie has launched the construction of the Polar Max icebreaker at its Helsinki shipyard as part of Canada's National Shipbuilding Strategy. This $8.5 billion project involves seven icebreakers and two ferries, marking a collaboration between North American and European teams. The event aims to elevate Quebec’s status in the global naval industry, backed by financial contributions from the Quebec government totalling C$110 million for acquiring assets in Helsinki. Minister Christopher Skeete highlighted the importance of this venture in strengthening Quebec’s and Canada’s global naval presence.

The new Clair-Soleil primary school in Lévis, Quebec, built entirely from modular units, was completed in just six months and promises a lifespan of 50 years. Despite a start delay of three days, the project is hailed as a successful and efficient solution to address urgent school space needs. The modular construction, manufactured in factories, significantly reduces time compared to traditional methods. Discussions are ongoing about expanding such projects in Quebec, particularly for addressing urgent educational infrastructure demands.

The government of Québec has invested $4.5 million to support the Quebec Center for Aluminium Research and Development (CQRDA). This funding is aimed at boosting innovation by implementing new technologies in aluminum production and processing plants. The initiative is intended to help Québec maintain its competitive edge in the aluminum industry by improving productivity through automation and advanced digital technologies. The CQRDA will work alongside companies to develop innovative projects, supporting over 30,000 jobs in the sector.

The Société québécoise des infrastructures and the Ministère des Transports et de la Mobilité durable, along with six major public contractors in Quebec, have updated the Government roadmap for BIM (Building Information Modeling). Since its launch in 2021, the roadmap has facilitated a digital transformation in Quebec's public infrastructure, increasing the number of projects using BIM from 77 to 265. The roadmap sets ambitious targets for BIM adoption, promotes collaboration in the industry, and aims to enhance productivity and optimize investments. The update also identifies support for SMEs and interoperability as key future initiatives.

Lyten, a U.S. developer of lithium-sulfur batteries, intends to acquire Northvolt's stalled $7-million EV battery plant project in Montreal, as part of a larger acquisition of the company's North American assets. This follows Lyten's agreement to purchase Northvolt's assets in Sweden and Germany for $5 billion due to the Swedish firm's bankruptcy. The Quebec government has indicated potential financial implications for its $270-million investment and a $240-million secured loan if the sale proceeds. Northvolt North America is continuing the sale process with the assistance of Société Générale.

ABB is investing $130 million to consolidate its Iberville and Saint-Jean-sur-Richelieu facilities into a new 340,000-sf manufacturing and R&D hub in the South Shore of Montreal. This will be the company's largest investment in Canada, focusing on advanced power protection and grid resilience technologies. The new facility will employ over 600 people and incorporate modern technologies for sustainable production. Supported by Investissement Québec, it is expected to open in 2027, significantly reducing emissions and increasing job opportunities.

ABB is investing over $130 million in a new research and development and manufacturing facility in Montreal. The project, combining two existing operations in Quebec, aims to increase production capacity to meet growing demand in sectors such as power distribution and renewables. This will also support more than 600 current jobs and create new roles. Slated to open in mid-2027, the facility will feature energy-efficient systems to significantly reduce carbon emissions.