Richmond Business News – January 2020

Hot Pot in Richmond, BC. | Photo: Tourism Richmond

Richmond’s world-renowned food scene was once again brought into the spotlight as Eater named the city one of the top places to eat in 2020. Check out the top Richmond business stories for January below:

MDA Acquired by Northern Private Capital (from MAXAR) for $1 Billion, Company Headquarters to Return to Canada

A consortium led by Northern Private Capital announced it has signed a definitive agreement to acquire MDA from Maxar Technologies.
BC Tech News  • December 31

Neovasc Named Finalist in Questex’s Fierce Innovation Awards – LifeSciences Edition 2019

Neovasc, Inc. is a leader in the development of minimally invasive transcatheter mitral valve replacement technologies and in the development of minimally invasive devices for the treatment of refractory angina.
BC Tech News • January 7

Photon Control Expands Addressable Market with New Medical Application

Photon Control Inc. has announced an expansion of its addressable market with a new product launched by Union Medical Co. Ltd., a major Korean manufacturer producing laser, electrosurgical and other aesthetic equipment.
BC Tech News •  January 8

Richmond Named in Eater’s Places to Eat in 2020

Food authority website Eater recently released their top cities in the world worth traveling to eat in 2020 – and Richmond made the list.
Visit Richmond BC • January 8

Sierra Wireless Completes Acquisition of the M2M Group in Australia for $27 Million

The M2M Group is focused on IoT connectivity services and cellular devices in Australia, and the acquisition expands Sierra Wireless’ IoT solutions business in the Asia-Pacific region.
BC Tech News • January 9

The 2020 GovTech 100: Investors Bet Big on Gov Tech

Richmond’s Envisio Solutions Inc. named in GT 100 International Companies.
Government Technology • January 19

Metro Vancouver ‘Mompreneur’ selected as finalist for national award

Lyndsay Scott, a Richmond female entrepreneur and CEO of Culture Kefir Co., is amongst 26 Canadian finalists competing for an award at Mompreneur’s Annual National Conference in March.
Vancouver is Awesome • January 18

Cryopeak LNG Solutions Corporation Announces First-Ever Super-B Train Trailer Availability for LNG Transportation

Cryopeak LNG Solutions, based in Richmond BC, said it has developed the first-ever “Super B-train’ liquefied natural gas hauling trailer to optimize small-scale LNG transportation in Canada.
The Coromandel Coast • January 21

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