News

Kitchener-based Miovision Technologies has bought Global Traffic Technologies (GTT) from the Raleigh, U.S.-based Vontier Corporation to evolve its road traffic solutions and expand its market share.

The acquisition was financed with an investment of $260 million made by three large Canadian technology investors – Maverix, Telus and Export Development Canada (EDC). This will establish Miovision as one of North America’s leading smart city equipment vendors.

A professor at Waterloo Engineering has been awarded more than $1 million in federal funds to lead a research project to develop quantum-enhanced sensors.

Dr. Na Young Kim, a professor of electrical and computer engineering, is principal investigator of the project.

Waterloo Engineering hosted its second annual Faculty Commencement Day on April 14 to celebrate significant academic milestones in the careers of faculty members.

Hosted by Dean Mary Wells in Engineering 7, the event recognized faculty members who have received tenure, been promoted to associate professor and full professor, and advanced from lecturer to continuing lecturer.

A health technology startup launched by a Waterloo Engineering alumnus is in the running for a $50,000 prize from the Arthritis Society of Canada to grow its business.

Stefan Gertz, who graduated from the mechanical engineering program in 2015, is one of seven finalists from across Canada vying for four $50,000 awards in a pitch-style event to be staged in Toronto later this month.

Kanata-based firm Ranovus has received $36 million in federal funding to advance Canada’s semiconductor industry.

Described as a trailblazer in the semiconductor industry, Ranovus builds fibre-optic technology that makes computer chips faster and more energy-efficient.

A startup co-founded by a Waterloo Engineering alumnus to help make the construction industry greener has raised $2 million in investment in its first year of operation.

Adaptis, which developed artificial intelligence software to increase material recycling and reduce carbon emissions, grew out of research by Dr. Sheida Shahi (PhD ’21) while she was earning her doctorate in civil and environmental engineering.

Waterloo-based startup VueReal Inc. has received $10.5 million in federal and provincial funding to grow its business.

Described as a semiconductor and cleantech company, VueReal makes microscopic LEDs and sensors that range from two microns to 20 microns in size. For reference, a human hair is about 70 microns thick.

Ten senior student teams from the Faculty of Engineering competed in this year’s Norman Esch Entrepreneurship Awards for Capstone Design, pitching their startup ideas to a panel of judges tasked with awarding $60,000.   

All 10 pitches showcased innovative thinking and entrepreneurial skills. Six teams delivered winning pitches and walked away with $10,000 each to invest in their projects’ commercialization.

A company launched by four Waterloo Engineering classmates in a living room “with old computers and no salaries” has secured $20 million in funding for product innovations and to accelerate growth.

Based in Toronto, Nulogy was founded by friends Jason Tham, Sean Kirby, Kevin Wong and Jason Yuen (all BASc ’02, systems design engineering) to provide supply chain software and support.

Three teams of Waterloo Engineering students delivered winning pitches at the recent Velocity pitch contest finals that focused on sustainable innovation.  

The teams were awarded $5,000 each to invest in their startups which included a whale safe fishing device, a software solution that helps restaurants manage their stock and a wastebin powered with artificial intelligence to reduce landfill waste.