With support from the Provincial Government, a local cutting-edge tech firm is gaining traction on additional business development opportunities in North America.
Based in St. John’s, Avalon Holographics has developed the world’s first natural 3D commercial holographic displays. Used in sectors such as defence, aerospace and med-tech, the company has revolutionized the way users view and interact in 3D with complex multi-dimensional information. With the help of a non-repayable $98,252 investment from the Provincial Government, Avalon Holographics will look to accelerate business growth through the development of key markets in the United States and Canada.
The Honourable Andrew Parsons, Minister of Industry, Energy and Technology announced the funding during a tour of Avalon Holographics facility today. Support from the Provincial Government will also allow the company to focus on current developing opportunities in the med-tech sector in the United States, specifically, an international collaboration with Johns Hopkins University School of Medicine.
Avalon Holographics was founded in 2015 by entrepreneur and inventor Wally Haas. The company employs more than 50 people, including highly skilled employees who have expertise in optics, lasers, computer vision, data visualization, material chemistry and nanotechnology fabrication.
Investments in the tech and innovation sector mean more jobs and a stronger, more diversified economy for our province.
Quotes
“To see Avalon Holographics tech first hand was very impressive. Wally Haas and team have been very successful in developing several products for multiple markets, and its partnership with a significant American institution will only lead to additional expertise and knowledge. Its advanced products are cutting-edge, and this support will only help the company grow and develop its innovative products even more.”
Honourable Andrew Parsons
Minister of Industry, Energy and Technology
“The tech sector continues to grow in this province and is providing a tremendous opportunity for employment. I encourage students to look to this sector and prepare for the future.”
Honourable Tom Osborne
Minister of Education and MHA of Waterford Valley
“Avalon is creating cutting edge holographic displays for export that will help grow Newfoundland and Labrador’s tech economy. We are grateful for the support of our Provincial Government to develop these important markets like medical visualization that will eventually make some surgeries safer, savings millions of dollars and lives in the process.”
Wally Haas
Avalon Holographics
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Media contacts
Eric Humber
Industry, Energy and Technology
709-729-9655, 725-9655
erichumber@gov.nl.ca
Tina Coffey
Education
709-729-1906, 687-9903
tcoffey@gov.nl.ca
Dana Brewer
Avalon Holographics
709-800-5843
dana.brewer@avalonholographics.com