Organization: Technology Partnerships Canada

Bioniche spins out human health subsidiary

Bioniche Life Sciences Inc, Belleville ON, is creating a wholly own subsidiary from its core human health technology to attract external investment and boost the value of the corporation. Bioniche Therapeutics Corp will function as a standalone unit with its own CEO and will seek external revenues through private equity or licensing income derived from…

TPC invests $3.2 million for JSF R&D projects

Technology Partnerships Canada (TPC) is investing $3.2 million in two small R&D projects as part of the US Joint Strike Fighter (JSF) program. CaseBank Technologies Inc, Brampton ON, receives $1.7 million for a $4.8 million software development project to improve efficiency of maintenance support throughout the aircraft’s life cycle. Adacel Inc, Brossard PQ, receives $1.4…

Feds pump $29 million into peat moss technologies

Premier Tech Ltd has received $29 million in federal assistance to support three projects worth $79.6 million using peat moss-based media for improving water quality and energy conservation. The Riviere-du-Loup PQ-based firm will receive $19.1 million from Technology Partnerships Canada and $9.9 million from Economic Development Agency-Quebec to support the demonstration and commercialization aspects of…

TPC invests in major chip R&D project at Zarlink

Technology Partnerships Canada (TPC) has invested $7.1 million in Ottawa’s Zarlink Semiconductor Inc as part of a $29.8-million R&D project to develop next-generation semiconductor chips. The new chips will facilitate the transition from circuit-switched networks to packet-switched networks based on Internet Protocol (IP). They will allow network operators to continue using old equipment as they…

TPC invests in Alcan waste conversion facility

Technology Partnerships Canada (TPC) is investing $19.1 million in Alcan Primary Metals for the design, construction, testing and optimization of a new $242-million pilot waste processing facility. The investment is the first TPC announcement this year and the first to use a new contribution agreement developed by the federal government (http://tpc.ic.gc.ca/epic/internet/intpc-ptc.nsf/en/hb00526e.html). Alcan will construct the…

Bioniche Life Sciences puts Irish unit up for sale

Bioniche Life Sciences Inc, Belleville ON, is placing its majority stake in Bioniche Pharma Group Ltd, Galway Ireland, to generate revenue to support the parent’s R&D projects. The announcement was made as the firm announced its financial results for fiscal 2005, ending June 30. If a buyer is secured, Bioniche will use the proceeds to…

Tundra launches RapidIO development project

Ottawa’s Tundra Semiconductor Corp is launching a $28-million R&D project to develop switch-fabric-based system interconnect products based on the serial interconnect standard, RapidIO. Tundra is receiving $7 million in assistance from Technology Partnerships Canada to develop RapidIO-based systems, a layered architecture allowing for scalability and future enhancements while maintaining backwards compatibility. RapidIO has higher bus…

Quantiam and NOVA launch nanomaterials project

Edmonton’s Quantiam Technologies Inc is using $3.5 million from Technology Partnerships Canada to launch a $12.2-million R&D project into nanotechnology-based coating for the production of olefins for use in plastics, textiles and other chemicals. Quantiam will lead a consortium along with NOVA Chemicals Corp to develop and demonstrate new nanomaterials to coat the surfaces of…

GasTOPS to develop sensor technology for F-35 program

GasTOPS Ltd, Ottawa, has received $1.4 million from Technology Partnerships Canada to undertake a $3.5-million project to further develop its MetalSCAN sensor technology to detect metallic debris in lubricating oil systems. The technology is being developed for specific applications related to the F-35 Joint Strike Fighter program. Canada is participating in the development and demonstration…

Honeywell launches $31.4M aircraft R&D project

Honeywell Canada is launching a $31.4-million R&D project into secondary electric power distribution (SEPD) systems for aircraft, with the assistance of $9.4 million from Technology Partnerships Canada. The SEPD project builds upon previous R&D the firm has conducted for commercial and military aircraft programs and will help it determine the future direction of its electric…