OVIN is investing $17.5 million to establish nine Regional Technology Development Sites that will catalyze the development, testing and commercialization of automotive, transportation, and mobility solutions.
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Information Communications & Technology
From Richmond Hill to the Word: Merry Electronics Redefines the Sound of Innovation
When you walk into Merry Electronics’ Canadian headquarters in Richmond Hill, you’re stepping into a place where the future of sound is being imagined.
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Richmond Hill headquartered Compugen partners with AXL to support Canada’s AI commercialization
The relationship gives Compugen and its customers direct access to top-tier AI talent, rapid prototyping, and a venture environment designed to move ideas toward commercial reality.
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Markham headquartered Nordspace to team up with German researchers to advance 3D-printed rocket engines
NordSpace founder and CEO Rahul Goel said the project represents a “crucial step” for the startup to “work with world-leading technology partners in Germany to bring additive manufacturing breakthroughs that will directly benefit Canada’s industrial base.”
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Richmond Hill-based Wise Device: From Basement Startup to Global Gold Standard
The Richmond Hill based company is a recognized leader in optical autofocus technology, holding numerous patents and setting standards used by global giants like Intel, Corning, and Samsung.
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Visual Defence: Smart city innovation in motion
The company’s flagship platform, CityRover, was first piloted right here in Richmond Hill. What began as a local experiment has since expanded across Canada and into the United States, earning Visual Defence and its municipal partners over 35 innovation awards along the way.
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Ontario welcomes Marvell workforce expansion to support AI Infrastructure Development
The Ontario government is welcoming an investment of $238 million for a five-year expansion by Marvell Technology which includes the launch of a new office in Toronto, scaling of its semiconductor research and development (R&D) operations in Ottawa and York Region, and the establishment of a new optical lab.
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Markham headquartered NordSpace announces 2026 satellite launch on SpaceX rocket
Canadian aerospace startup NordSpace’s first satellite launch into space will hitch a ride on a rocket from Elon Musk’s SpaceX in 2026.
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U.S. High School Improves Campus Communication with Markham headquartered Sangoma’s Switchvox
Sangoma Technologies Corporation announced a new contract with Dowling Catholic High School in Des Moines, Iowa.
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Building on success, York University launches The YSpace Network
Canadian innovation is getting a major boost with York University’s exciting new initiative: The YSpace Network.
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Markham headquartered NordSpace announces new Advanced Manufacturing for Aerospace Lab
Canada’s push for sovereign space capabilities gains momentum with NordSpace’s new AMA Lab, set to revolutionize rocket engine and pressure vessel production.
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15 York Region-based companies make Report on Business ranking of Canada’s Top Growing Companies 2025
For the seventh year, Report on Business has produced a ranking of Canada’s Top Growing Companies, measuring businesses on three-year revenue growth. As a cohort, the 400 companies on this year’s list incontestably bear the scars of the hard yards behind them.
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Canada’s York Region in Greater Toronto positioned as a prime tech destination for Taiwanese investment
While Canada’s technological strengths are often under-estimated, York Region, located in the Greater Toronto Area and home to a burgeoning technology ecosystem, is actively positioning itself as a key partner for Taiwanese tech companies looking to expand into the North American market.
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Newmarket business accelerator was a ‘game changer’: Patent startup founder
Newmarket resident Yulia Druzhnikova co-founded PioneerIP, an AI-power patent infringement search, 16 months ago with networking, exposure support from Treefrog Accelerator
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Markham-based QEA Tech receives $4.2M in NRC support to advance AI-driven building envelope retrofit technology
QEA Tech announced that it is receiving advisory services and up to $4,200,000 CAD in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support research and development for its patented building envelope audit technology.
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Province Launching Protect Ontario Financing Program to Support Sectors Impacted by U.S. Tariffs
Ontario-based businesses in these sectors that are facing tariff-related challenges, such as payroll, lease payments and utility payments, will be able to access the Protect Ontario Financing Program in addition to federal government supports, such as loans and loan guarantees, and would undergo rigorous assessment and due diligence to determine eligibility and ensure taxpayer funds are used responsibly.
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