Teledyne DALSA lands funding to expand MEMS and infrared imaging capabilities

Waterloo, ON, Canada--The semiconductor division of Teledyne DALSA, based in Bromont, Québec, is receiving a financial commitment totaling $13 million from Investissement Québec to expand its MEMS and infrared imaging manufacturing capabilities. The funding consists of a $3 million grant to increase MEMS production capacity in Bromont and $10 million to develop advanced infrared imaging products at the company's Bromont and Montreal facilities.

"MEMS and infrared imaging are two strategic areas of focus for Teledyne DALSA with good growth potential," commented Brian Doody, CEO of Teledyne DALSA. "The development and full production of infrared devices will further strengthen our position as a leader in digital imaging and semiconductors, at a time when the infrared imaging market is experiencing strong growth. In addition, by increasing our production capacity of MEMS chips, we will be able to meet the growing demand for microsystems as they become indispensable in many areas."

Investissement Québec aims to foster the growth of investment in Québec, and offers businesses loans, loan guarantees and equity investments to support all stages of development. It is also responsible for administering tax measures and prospecting for foreign investment.


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