Canada invests $3.2 million into silicon photonics company | IT World Canada News
Summary
The government of Canada dropped a CA$3.2 million investment into Montreal-based One Silicon Chip Photonics (OSCP), a developer of optical and navigation sensors for autonomous vehicles, on Nov. 30. OSCP will use the investment to develop lighter, lower-cost inertial navigation sensors for future autonomous vehicles and drones. The new sensors will offer higher precision in detecting moving objects to improve the safety and accuracy of self-driving vehicles. Richard Williston, director of operations at One Silicon Chip Photonics, said in the press release that the investment will be able to remove technology barriers for the autonomous future. The funding was made through Sustainable Development Technology Canada (SDTC), a government-backed initiative to drive cleantech innovations in the country.