BDC invests $8 mln in advanced materials maker Equispheres
Business Development Bank of Canada (BDC) has invested $8 million in Equispheres, an Ottawa-based advanced materials provider. BDC invested through the federal government's $700 million clean technology strategy, announced last year. Founded in 2015, Equispheres has developed technology for making high-performance spherical metal powders for additive manufacturing applications. The solution helps reduce fuel consumption and production waste. Led by President and CEO Kevin Nicholds, the company will use the investment's proceeds to execute on its growth plan and meet demand in the aerospace and automotive sectors.
19 February 2019•3 mins read
