Acentury Inc. Secures Gov't Funding to Pioneer Semiconductor-Based Technologies

Mar 18, 2024 • 6 min read

In a groundbreaking press release, Acentury Inc., via its SynMatrix Technologies division, has been selected by the Government of Canada to receive advisory services and funding through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This strategic initiative marks a pivotal moment for Acentury Inc. as it embarks on a journey towards spearheading the development of semiconductor-based technologies for wireless communications.

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The announcement comes as a testament to Acentury Inc.'s commitment to innovation and its dedication to pushing the boundaries of technological advancement. The NRC IRAP funding, amounting to $826,400.00, underscores the Government of Canada's recognition of Acentury Inc.'s potential to revolutionize the wireless communications sector.

Majid Jowhari, Member of Parliament for Richmond Hill, speaking on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science, and Industry, unveiled the exciting news, highlighting the significance of this collaboration in driving forward Canadian innovation on the global stage.

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At the heart of this initiative lies Acentury Inc.'s ambitious vision to leverage semiconductor-based technologies to enhance wireless communications capabilities. Through the SynMatrix Technologies division, Acentury Inc. is poised to lead the charge in developing cutting-edge solutions that will not only elevate Canada's technological prowess but also empower businesses and industries across the nation and the world.

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With the support of the NRC IRAP funding, Acentury Inc. will develop advanced design simulation and test measurement software platforms that will play a pivotal role in accelerating the component design and manufacturing processes of semiconductors. As part of the funding agreement, Acentury Inc. will match the government's contribution on a 1:1 basis, further amplifying the impact of this investment and signaling the company's confidence in its ability to deliver results.

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As Acentury Inc. embarks on this bold new chapter with semiconductor-based technologies, the company is poised to reshape the future of wireless communications, unlocking new opportunities for growth, connectivity, and progress. With the support of the Government of Canada and the dedication of its talented team, Acentury Inc. is set to redefine what's possible in the wireless communications industry.

The official Federal Government press release can be read here: Read More

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