Myant commits $100m for government innovation plan

22 Oct '17

2 min read

Minister Navneet Bains and Tony Chahine,CEO of Myant discussing innovation and manufacturing in Canada; Courtesy: Melony Jamieson

Myant, a technology and advanced manufacturing company, has committed $100-million to the advanced manufacturing supercluster which has been shortlisted by Navdeep Bains, minister of Innovation, Science and Economic Development, as part of the $950-million national supercluster programme from the Canada government’s Innovation and Skills Plan.

Myant is a key partner in the advanced manufacturing supercluster in the Toronto-Waterloo Innovation Corridor (TWIC), which includes companies, universities, health agencies, and not-for-profit organisations such as MaRS, University of Toronto, University Health Network, and IntelliFLEX Innovation Alliance with more than 78 industry partners in Canadian printable electronics, among others.

Bains says, "Our government's Innovation Superclusters Initiative has started conversations and created solid partnerships between government, the private sector, academia and communities. In today's knowledge-based economy, this collaboration is essential. Together, we are building the economy of the future, creating the jobs of today and tomorrow, and gearing up for global success that will benefit all Canadians."

Tony Chahine, CEO and founder of Myant, says, "This is the kind of foresight innovation the world needs – Minister Bains basically just turned the lights on for Canada's future as a global leader in advanced manufacturing." Chahine says, "I am very proud that Myant is a member in this supercluster that brings together over 100 academic institutions, not-for-profit organisations, healthcare groups and manufacturers to establish high quality and resilient jobs, and talent and training in leading industries that intersect manufacturing and technology. It's time to repatriate 'Made in Canada' manufacturing solutions."

Myant is a recognised industry leader in the emerging field of 'textile computing' with a revolutionary research and development facility and full-scale production that includes end-to-end fibre-to-fabric-to-system product design and rapid prototyping capabilities. The unique infrastructure of expertise, capabilities and secured IP allows Myant to transition from idea to prototype to full-scale production. Myant's innovation in knowledge, standards and infrastructure is defining the future of fibre and textile advanced manufacturing.

Based in Toronto, Myant currently employs a world class interdisciplinary team of over 80 engineers, data scientists, software developers, fashion designers, and user experience experts who are building the next computing platform that ambiently interfaces with humans through textiles. Myant seamlessly embeds sensors and actuators into everyday textiles allowing for 24/7 connectivity. Working with global partners, Myant develops smart textiles for the automotive, aerospace, energy, health/wellness, defence, AR/VR, and other sectors. (SV)

Fibre2Fashion News Desk – India

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