Less than a year after spinning off from Waterloo Engineering, Innovative Processing Technologies (IPT) has been recognized by the Ontario government for its breakthrough Multiple Memory Material (MMM) technology, known for making smart materials smarter. IPT and a Waterloo Engineering team led by mechanical and mechatronics professor Norman Zhou have been awarded market readiness funding by the Ontario Centres of Excellence. Valued at $130,000, this fund will support development and qualification of prototypes specifically for automotive applications.
Taiwan Ranking gives Waterloo Engineering top marks
Waterloo Engineering has ranked an impressive second in Canada in the 2011 Taiwan Ranking’s engineering field. In the ranking’s engineering subjects Waterloo’s chemical engineering was ranked first and electrical engineering was ranked second. The rankings are conducted by researchers at National Taiwan University and sponsored by the Higher Education Evaluation & Accreditation Council of Taiwan (HEEACT).