VueReal nets $10.5M gov’t funding
EP&T MagazineElectronics Semiconductors Engineering Printable Electronics fabrication micropixel printing semiconductor solutions
Federal & provincial funding to help firm scale micropixel printing solutions in Waterloo Region
In a joint announcement, Sustainable Development Technology Canada (SDTC) and Invest Ontario awarded VueReal Inc. CAD$10.5M in government support to scale its micropixel fabrication and printing solutions.
With this funding, the federal and provincial governments are seizing an opportunity to support a $40-million project that will create 75 additional full-time permanent jobs in Waterloo Region, Ontario. By the end of the project VueReal expects to employ 105 employees.
VueReal has developed a new manufacturing solution for semiconductor applications. The cutting-edge technology allows for more environmentally friendly manufacturing of displays and sensors, while significantly lowering power consumption in electronic systems. Not only that, but VueReal’s solutions enable futuristic applications that will revolutionize industries such as healthcare, autonomy, automotive, and more.
Developing cutting-edge & sustainable technologies
“Canada’s great universities, including the University of Waterloo, combined with government research funds, make Waterloo Region a prime location for developing cutting-edge and sustainable technologies,” said Dr. Reza Chaji, CEO of VueReal. “VueReal has leveraged this ecosystem to develop its microSolid printing technologies, which enable the creation of smart surfaces for next-generation displays and sensor applications. This collaboration between VueReal, SDTC, and Invest Ontario on a project worth approximately 40 million CAD highlights the potential to scale these technologies into full-scale production in the Waterloo Region and Ontario.
Dr. Chaji went on to state that these innovative technologies have a significant role in generating employment opportunities in today’s modern economy and hold strategic importance for multiple industries, such as consumer electronics, healthcare, medical, security, automotive, aerospace, and more.
Print this page