Thalmic Labs, the creator of the Myo armband, announced it will manufacture its next product in Waterloo.
According to a report from The Record, CEO Stephen Lake stated the company will open a 50,000-square-foot factory on 173 Roger Street and will employ approximately 100 people in January.
Last month, Thalmic raised $158 million (CAD) in funding from Intel Capital, Fidelity Investments Canada, and the Amazon Alexa Fund and teased it will âhave new products in the pipelineâ that specifically relates to âhuman computer interaction.â
The new Roger Street factory will solely be for its next wearable device targeted to the consumer market.
âWe are going to be making those future products right here in Waterloo,â Lake said. âWe havenât talked specifics about the products in development. I would love to, and when we can, we will definitely share it. There are a lot of advantages to maintaining that control and proximity to your manufacturing⊠It lets us innovate on the actual processes to make these things. We think there is a huge amount of skilled labour here because BlackBerry did the bulk of its manufacturing in town here until 2009.â
A dedicated signup page on Thalmicâs website hints a new device is coming, noting, âAt Thalmic Labs, weâre making revolutionary wearable technologies that will fundamentally change the way we interact with computers. Weâre developing new computer interfaces to seamlessly blend the real and digital worlds.â
This article was originally published on MobileSyrup