DALSA is getting a grant of up to $24.3 million from the Ontario government to support R&D of high performance digital imaging and semiconductor technologies.
October 15, 2010
by PLANT STAFF
Sandra Pupatello, Minister of Economic Development and Trade examines a DALSA imaging device with Brian Doody, the Waterloo, Ont. company’s CEO.
Photo: Ontario Ministry of Economic Development and Trade
WATERLOO, Ont.: DALSA Corp. is getting a grant of up to $24.3 million from the Ontario government that will support the research and development of high performance digital imaging and semiconductor technologies.
The Waterloo, Ont. advanced manufacturer has announced plans to invest $160 million in R&D initiatives over the next five years “to fuel growth through diversification.”
DALSA will be focusing on imaging in non-visible bands, such as X-ray and infrared, which will help it expand into growing markets such as medical, defence and security imaging and new areas of industrial imaging.
“This initiative is about our growth and our future,” said Brian Doody, DALSA’s CEO at a press event Oct.14 attended by Sandra Pupatello, the economic development and trade minister and two area MPPs. “We know that by extending and combining elements of the imaging and MEMS technology in which we already excel, we can develop completely new products to give us access to a number of large, attractive markets adjacent to those we already serve.”
He said the 100 new hi-tech jobs are planned in Waterloo over the five-year investment.
The Ontario government contribution is part of its five-year strong Open Ontario plan to create new job opportunities and promote economic growth.