PLANT

Magna and RocketSpace partner to accelerate automotive innovation

Will focus on electric vehicle and automated driver systems, secure connectivity.


A new route to bring automotive inventions to life, thanks to Magna and RocketSpace.
Photo: Magna

AURORA, Ont. — Tech startups in the automotive sector have a new path to bring their innovations to life thanks to a collaboration between Magna International and a San Francisco-based technology accelerator.

The Aurora, Ont. automotive supplier and RocketSpace will focus the Mobility Tech Accelerator Program on areas that include electric vehicle systems, automated driver assisted systems and secure vehicle connectivity.

This is RocketSpace’s third industry-focused program.

“We see great opportunity to form mutually beneficial relationships when inventors, investors and corporations bring their ideas and resources together,” said Ian Simmons, Magna’s vice-president of business development, corporate engineering and R&D.

RocketSpace has a global network of technology campuses that help startups scale their innovations.

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