Motion Engine invests in Montreal, targets global wearable electronics market
Montreal-based specialists in next-generation micro-electro-mechanical systems (MEMS) motion sensing systems – Motion Engine Inc., has announced its decision to invest in Greater Montréal to develop its technology and take on the North American and international markets.
“Greater Montréal is an ideal location to develop our technology and business. Over the past two years, the market for MEMS motion sensing in smart phones and tablets alone breached the $1-billion mark and by 2018 it is expected to increase at least three fold,” says Louis Ross, CEO of Motion Engine. “The wearable electronics trend will boost the rate of growth exponentially over the next five years—particularly in areas like Gaming, Healthcare/Medical, Fitness and Sports.”
“The Montréal region maintains leading industrial clusters with internationally competitive large anchor companies for several of these market sectors. For example, the region did an excellent job nurturing a world-class game software development industry. As a result, there is also a great deal of talent to draw from here and from the surrounding areas including Ontario and the US Northeast,” Ross adds.
Motion Engine plans to develop new cutting-edge systems for increasingly ubiquitous mainstream wearable and “quantified self” -oriented electronic devices including activity trackers that are increasingly both functional and fashionable. MEMs motion sensors for such applications must provide greater performance, lower cost and higher integration. The ability to produce high-grade inertial sensor systems at low cost is also advantageous for industries that demand greater reliability and higher performance specifications that are standard for the consumer electronics industry. These industries include healthcare/medical (patient monitoring and rehabilitation), industrial (robotics, logistics) automotive (next-generation electronic stability control system or ESC, which are now mandated in most countries) and “self-balancing” transportation vehicles.
The company is also partnered with the MiQro Innovation Collaborative Centre (C2MI), a $218 M MEMS/microsystems R&D facility located right outside of Montréal. The center maintains a world-class facility that is expected to greatly contribute to the region’s economic growth. The Centre founding member companies include IBM and Teledyne DALSA, the world’s second-largest “open” MEMS foundry and an international leader in high performance digital imaging and semiconductors.
Mission to Japan
“I am delighted that Motion Engine has chosen Greater Montréal to develop its expertise even further,” says Minister of International Relations, La Francophonie and External Trade, Jean-François Lisée. Motion Engine will be a member of the delegation accompanying the Minister on a multisectoral trade mission to Japan from January 19 to 24. “I am proud that our delegation will be made up of representatives from companies and organizations at the forefront of their respective sectors such as Motion Engine. Innovation is the trump card of our external economic development strategy, and Japan is one of the most successful countries in the world in this regard,” said the Minister.
“Success attracts success. We welcome Motion Engine as it joins a solid ecosystem that is focused on innovation and collaboration and brings its expertise in enriching Greater Montréal’s value chain in the highly sought-after information and communications technology sector,” said Dominique Anglade, President and CEO of Montréal International, which has the mandate to attract foreign direct investment, supported Motion Engine in setting up in the region.