NEWS

EDC invests $1 million in Waterloo’s P & P Optica

Very exciting news for P&P Optica! We saw Olga and her team at one of our Monthly Meetings recently and could not be happier for her! Congratulations, Olga! 


Article written by The Record.

WATERLOO —Export Development Canada has invested $1 million in a Waterloo company that uses imaging and machine learning to assess the composition and quality of food.

The federal Crown corporation said P&P Optica will use the money to further development the smart imaging system and its deployment in food processing plants across North America.

The technology reads the chemistry of food, allowing food producers to assess characteristics such as protein, fat and water content, shelf life and flavour. It can also detect contamination, such as plastics, rubber and bone, while food is moving along a conveyor belt.

Export Development Canada provides financing, insurance, bonding and other services to help Canadian companies sell their goods and services in foreign markets.