Where Innovation Meets Imagination
Canada-based Horizons ETFs Management has launched the Horizons Industry 4.0 Index ETF, which it calls “FOUR”.
Horizons says FOUR is a new-technology-focused exchange-traded fund that seeks to invest in sectors that are crucial to the development of the Fourth Industrial Revolution, or “Industry 4.0”.
Units of the ETF will begin trading today on the Toronto Stock Exchange under the ticker symbol FOUR.
[Read more…] about Horizons ETFs launches new investment vehicle for Industry 4.0
Partnership to focus on industrial applications of the latest Industry 4.0 robotics systems
Humber College and Kuka Canada are entering into a five-year partnership agreement focused on bringing the latest robotics technology to Humber and working together on robotics systems integration applications.
Kuka Canada will make significant investments in robotic equipment, advanced software and contribute to curriculum development for Humber, with financial contributions each year for five years.
Humber will receive two Industry 4.0 ready collaborative robots as part of the partnership. These will complement the college’s extensive collection of robotic technology and will be housed within Humber’s Barrett Centre for Technology Innovation, the college’s hub for bringing industry and education together. [Read more…] about Kuka to partner with Canadian university to ‘advance robotics knowledge’
LG Electronics to establish an artificial intelligence research laboratory in partnership with the University of Toronto, in Canada.
The company says the new facility is an expansion of its AI research and development work in North America.
LG already has an AI lab in Silicon Valley, in the US. The company says it is a multimillion-dollar, long-term commitment. [Read more…] about LG Electronics to establish AI lab in Canada
Transport Canada is providing $2.9M in funding under the program to Advance Connectivity and Automation in the Transportation System in order to help Canadian jurisdictions prepare for connected and automated vehicles.
Connected and automated vehicles will bring about significant transformation in Canada’s transportation system, its communities, and its economy.
They have the potential to improve road safety, reduce congestion, increase mobility, protect the environment, and generate new economic opportunities for middle-class Canadians.
[Read more…] about Canada prepares for connected and automated vehicles
Industrial energy and automation giant wins three key digital orders from major Canadian customers
ABB has officially inaugurated its new $90 million Canadian headquarters and Customer Innovation Center, which will serve 700 employees who were previously spread across six locations in Greater Montreal.
Campus Montreal houses research and development, manufacturing, assembly and testing for ABB’s energy value chain, says the company. [Read more…] about ABB opens new Canada headquarters in Montreal
Siemens plans to invest $110.6 million in research and development activities at its plant in Dorval, Canada to design and make improvements to aero-derivative gas turbines.
These turbines are used for, among other things, the production of electricity, and serve as a backup source in the event that the existing network is unable to meet the demand.
The engineering company also plans to invest $22 million to launch a platform of expertise related to Industry 4.0 and the implementation of a training system integrated into the workplace. [Read more…] about Siemens to invest $133 million in Canadian operations
Engineering giant ABB is to invest another $90 million into a research and development centre in Canada.
The Swiss company, which also is one of the world’s biggest industrial robot manufacturers, is to establish its new North American research and development facility in Montréal.
As a result of the investment, Canadians will develop next-generation solutions for electric vehicles, says the government in a statement. [Read more…] about ABB to invest $90 million in new research centre in Canada
A landmark building in Montreal, Canada has been given an energy-efficiency certification.
Le 1500, an office building on Robert-Bourassa Boulevard in Montreal, is now “Leed” certified in the category of “Existing Buildings: Operations & Maintenance” by the Canada Green Building Council.
The building was designed and developed by real estate company Ivanhoé Cambridge. [Read more…] about Office building in Montreal given top energy-efficiency certification
Canadian company Etalex says it has achieved a 40 per cent increase in the past year, partly as a result of integrating collaborative technology from Universal Robots into its process
Founded in 1966 in Montreal, Canada, Etalex manufactures commercial interiors, specializing in metal fixtures, shelving, wood furnishings and heavy-duty racking systems. The company has 120 employees and has been mainly concentrating on the Quebec market.
Etalex says it has introduced robotics and automation technology into its production and this resulted in increased competitiveness and a 40 per cent rise in sales last year.
As a result of its growth, the company says it is now ready to compete in the New York and Ontario markets as well. [Read more…] about Etalex increases sales by ‘40 per cent’ by using robotics and automation technology
