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Pic: Stoko
Canadian startup Stoko to expand with $6 million seed funds

18th May 2021

Stoko, a Vancouver-based startup that has created a new category of professional knee brace support called supportive apparel, has generated $6 million in seed funding from multiple sources, including some of Canada’s top industry investors. The funding will help the company expand. Stoko has changed the way athletes prevent and recover from injuries.

Pic: Scottbader
UK’s Scott Bader collaborating with Lubribond Benelux

18th May 2021

Scott Bader is collaborating with Lubribond Benelux for the distribution of Crestabond structural adhesives for industrial applications in the Benelux Union. Crestabond products add to Lubribond Benelux’ structural adhesives product range. Benelux Union is a politico-economic union of three states in western Europe - Belgium, the Netherlands, and...

Pic: Business Wire
US innovator Weav3D gets $999,943 NSF grant

17th May 2021

Norcross-based Weav3D, an innovator in composite materials, manufacturing processes and processing equipment, has received a $999,943 National Science Foundation (NSF) Small Business Innovation Research (SBIR) Phase II grant. The two-year award will be used to design, fabricate and test a continuous composite forming machine that uses ultrasonic...

Pic: Ahlstrom-Munksjo
Ahlstrom-Munksjö setting up new glass fibre tissue line in US

17th May 2021

Ahlstrom-Munksjö is setting up a new glass fibre tissue production line in the US to support the flooring industry in North America with an investment of € 58 million. The line will produce full range of glass fibre tissue nonwovens with a focus on luxury vinyl tiles and vinyl sheet materials. Deliveries from the new line are expected to begin in...

Pic: Triumph group
US’ Arlington takes over Triumph Group’s composites business

17th May 2021

Arlington Capital Partners, a Washington, DC-based private equity firm, has taken over Triumph Group’s composites business. The acquisition is complete, and the business will operate as Qarbon Aerospace, a leading provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles.

Pic: Myant
Ontario helping Myant commercialise technology that detects diseases

14th May 2021

The Ontario government is helping Myant to commercialise “connected wearables”, a technology that can sense, monitor and help detect symptoms that may signal the onset of diseases, including those associated with COVID-19. The government is investing over $1.5 million to help the company conduct a broad, community-based deployment of the product.

Pic: Addev Materials
French company Addev Materials takes over TPI

14th May 2021

Addev Materials has taken over French manufacturer TPI (Textile Pour l’Industrie), which specialises in aeronautics and defence markets with unique expertise in producing a purified cotton textile for cleaning of technical parts. This expands Addev Materials’ offering of critical cleaning and surface preparation supplies in civil and military...

Pic: Fibercore-Europe
InfraCore & CMSI join hands to bring FRP composite bridge to Canada

14th May 2021

InfraCore and CMSI have recently signed a license agreement to bring the world class fibre-reinforced plastic (FRP) composite bridge using the patented InfraCore technology to the Canadian market. InfraCore is a leader in robust load bearing FRP structures for the infrastructure market. CMSI Infrastructure is a certified InfraCore inside manufacturer.

Pic: Cobra International
Thai company Cobra to mass produce Radinn’s electric surfboards

13th May 2021

Cobra International is partnering with Radinn to mass produce its new range of electric powered surfboards. Swedish innovator Radinn produces some of the fastest jetboards on the market, offering three board models. The partnership between the two materialised since Radinn was looking to ramp up production and intended to reduce overall board weight.

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