MONTREAL - Orbite Technologies
said that the selection committee of the Canadian Innovation Exchange (CIX), made up of technology experts and investors from across the country, has selected Orbite as a Top 20 public technology innovator.
The TOP 20 were chosen based on a number of key factors including product/service offering, depth of management, market opportunity, and business model. The group will be celebrated at the CIX Public Investor Day on Nov. 18. Orbite's CEO Glenn Kelly will present at the event held at the MaRS Discovery District, 101 College Street, Toronto, ON, and the company will also host a booth.
"We are honored to be recognized as one of Canada's most important innovators," said Kelly. "Our technology is unique in that it selectively extracts all valuable components from a wide variety of feedstocks, including industrial wastes such as fly ash and red mud. This will enable us to utilize resources that currently available technologies cannot viably exploit, turning what have become significant environmental and economic liabilities into assets."
Orbite’s patented technology and processes are produce alumina, rare earths and rare metal oxides at low cost at its high purity alumina (HPS) plant in Cap Chat, QC. Please visit Orbitetech.com