NOBA 2020: Flosonics Medical is the recipient of this year s Innovation Award
The FloPatch, a wireless, peel-and-stick sensor developed by Sudbury-based Flosonics Medical, is promising to dramatically change the way physicians monitor patients.
Dec 28, 2020 11:00 AM By: Lindsay Kelly
Flosonics Medical of Sudbury is the winner of the Innovation Award for the 2020 Northern Ontario Business Awards.
In Sudbury, a startup medical-technology company is changing the way physicians treat patients, all with a high-tech device the size of a credit card.
Developed by Flosonics Medical, the FloPatch is a wireless, push-button sensor that uses Bluetooth technology to monitor patient blood flow.
Once the peel-and-stick device is adhered to a patient’s neck, results are tracked in real time and sent to a physician’s tablet or smartphone.
Funding will create new full-time jobs and promote economic development in the North
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Funding will Support the Purchase of Personal Protective Equipment, Installation of Safety Equipment and Other Important Measures
FORT FRANCES – The Ontario government is investing $241,000 in two Rainy River District businesses to help promote economic development and create two new full-time jobs in the North. This investment will help ensure Arc Prop Repair and M.L. Judson Trucking Ltd. are well positioned to participate in the province’s economic recovery.
“We are proud to support northwestern entrepreneurs as they drive economic recovery, growth and job creation in Kenora-Rainy River,” said Greg Rickford, Minister of Energy, Northern Development and Mines and MPP for Kenora-Rainy River. “COVID-19 has put a strain on many businesses in the north and across the province. Now more than ever, our government is committed to working with northern business owners so they can recover a
Government of Canada & Province of Ontario invest $10M to establish cobalt refinery in N. Ontario; battery-grade cobalt sulfate
The Government of Canada and the Government of Ontario are each investing $5 million in First Cobalt Corporation to accelerate domestic production of battery-grade cobalt sulfate, a required element needed to produce long-range electric vehicles (EVs).
Provided through FedNor’s Regional Economic Growth through Innovation (REGI) program and Ontario’s Northern Ontario Heritage Fund Corporation (NOHFC), this strategic investment will enable First Cobalt Corporation to recommission and expand its hydrometallurgical cobalt refinery in North Cobalt, located 500 kilometers North of Toronto.
Once complete, the facility will be the first and only facility of its kind in North America, capable of producing 25,000 tonnes of battery-grade cobalt sulfate annually, which represents five percent of the global market for refined cobalt.
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First Cobalt Receives $10 Million Investment from Federal and Provincial Governments
First Cobalt Corp. is pleased to announce that it has signed contribution agreements and will be the recipient of $10 million in public funding from the Government of Canada and the Government of Ontario . This critical funding will allow the Company to accelerate the commissioning and expansion of its Refinery in Northern Ontario attract new investment, and execute against its strategic business plan. Key terms …
First Cobalt Corp. (TSXV: FCC) (OTCQX: FTSSF) (the “Company”) is pleased to announce that it has signed contribution agreements and will be the recipient of $10 million in public funding from the Government of Canada and the Government of Ontario . This critical funding will allow the Company to accelerate the commissioning and expansion of its Refinery in Northern Ontario attract new investment, and execute against its strategic business plan.