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.
E5 wins international design award
Engineering 5, designed by Perkins+Will of Toronto, has won a 2011 Global Excellence Award Best of Category in the Cultural/Institutional/Educational Category, by the International Interior Design Association (IIDA). Winners of the competition were chosen from 92 international design firms from 32 countries judged on representation of outstanding originality, and excellence in the creation of international interior design and architecture projects. Awards will be presented at the Maison & Objet Show in Paris in mid January.