Contact an Advisor

Invest Toronto's advisors are available to answer your questions.

Tel: +1 (416) 981-3888

Skype ID: investtoronto

or send us an email

Print this Page add to kit

Optomem


The Size of a Postage Stamp. The Power of a Laboratory.

Optomem’s complex gas-sensing technology demands collaboration.

Maintaining indoor air quality is essential to everyone’s health, but many of the most deadly gases have no odour and give no warning, making accurate air-quality monitoring problematic.

Historically, complex gas analysis required large, expensive laboratory equipment to analyze air samples offsite. Toronto-based Optomem Sensors Inc. is developing a revolutionary air-quality sensor that puts the power of the laboratory in a microchip and provides instant comprehensive feedback on air quality. In the future, the chips could even be modified to fit into a cell phone or home thermostat to allow air monitoring wherever you are.

Optomem is the culmination of a partnership between Monteco Ltd. and the University of Toronto (U of T), specifically Dr. Harry Ruda and Dr. Carlos Fernandes who co-created the new technology. Having funded the early proof-of-principle research, OCE’s Centre of Excellence for Earth and Environmental Technologies reviewed the technology’s commercial potential with the U of T research team and helped identify Monteco as the ideal partner to license and commercialize this technology worldwide.

Optomem intends to first use its techonology for the detection of benzene, a highly hazardous chemical found at oil and gas refineries, distribution centres and gas stations. Scott Monteith, President and CEO of Monteco Ltd., is confident that Optomem will become a world leader in the gas sensor industry, a market worth hundreds of millions of dollars.

“Since this technology is so disruptive, it involves different disciplines to perfect IT. Being able to leverage U of T’s vast resources was critical to our success.” —Antonio Liberatore, DIRECTOR OF BUSINESS DEVELOPMENT, Optomem