Out of a school project at the University of Alberta was born Dynastream, a high-tech startup that employs 25 people in Cochrane, near Calgary.
Still very much in its infancy, this company combines miniature computer technology that can gauge motion with wireless technologies that beam data to base stations.
One of the applications of Dynastream’s technology involves a way for doctors to study the effectiveness of prosthetics on patients. The invention promises to speed up and improve the accuracy of therapeutic assessments.
Other applications, being developed in partnership with the giant fitness company Nike, involve shoe-mounted sensors that track the speed and distance runners are travelling, easing the need for serious athletes to take the same route to compare times, for example.
To date, the vast majority of Dynastream’s resources have been directed toward research and development, while limited production is under way.
But is there money to be made in this business? There may be a lot of skepticism lately over high-tech promises, but Dynastream – a private enterprise – has stayed the course and even grown in the last couple of years.
* Year Founded: 1998
* Address: 228 River Avenue, Cochrane
* Phone: (403) 932-9292
* Website: www.dynastream.com