Canada invests $3.2 million into silicon photonics company

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.

The investment objective goal is to improve autonomous vehicle tech so more can be put on the road. Under certain conditions, autonomous vehicles can be more efficient. The sensors could also be used in mobile robotics, spacecrafts, delivery bots, and various consumer products. Some of OSCP’s partners include Thales, Silicon Catalyst, and McGill University.

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. So far, SDTC has invested more than $1.38 billion in 460 companies. According to the organization’s website, the companies in the program have collectively eliminated around 22.4 megatons of greenhouse gas emissions.

In certain chips, copper-based circuits are generating too much heat for today’s shrinking chips to dissipate effectively. To mitigate this, some chip manufacturers have turned to silicon photonics, a technique to build circuits using photons and optical fibres instead of electrons and copper wires. For the most part, silicon photonics complements traditional copper wire circuitry.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Tom Li
Tom Li
Telecommunication and consumer hardware are Tom's main beats at IT World Canada. He loves to talk about Canada's network infrastructure, semiconductor products, and of course, anything hot and new in the consumer technology space. You'll also occasionally see his name appended to articles on cloud, security, and SaaS-related news. If you're ever up for a lengthy discussion about the nuances of each of the above sectors or have an upcoming product that people will love, feel free to drop him a line at [email protected].

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now