Quebec City, QC -- (SBWIRE) -- 08/17/2015 -- LeddarTech is uniquely positioned within the IoT, and Big Data arena due to the qualifications of leading executive personnel. The areas of expertise complement a full understanding of sensor applications across a wide variety of industry sectors. Charles Boulanger became CEO of Leddartech in 2014 after being acting CEO for two years. He is also president of Moody Management Inc. (since 2011), a private investment firm. Prior to that, in 2008, he was the founder, president and chief executive officer of Groupe Unipex SAS, and president of the Active Ingredients and Specialty Chemicals Division of Atrium Innovations (TSX:ATB) from 2004 to 2008.
Boulanger is a serial entrepreneur who has successfully raised over $350M in financing and completed several acquisition and sale transactions, two IPOs and one LMBO, Boulanger has over 30 years of experience in senior management positions in several industrial sectors with companies both public and private. As such, he has been involved in complex financing deals, international marketing and commercialization strategies and international joint ventures, as well as leading profitable international companies with up to $250M in sales.
Boulanger earned a degree in mechanical engineering from Université Laval in 1981 and graduated from the senior management program at the International Center for Research and Studies in Management (CIREM) in 1990.
LeddarTech is the owner and provider of the patented, leading-edge Leddar sensing technology which enables advanced detection and ranging systems. Leddar performs time-of-flight measurements using light pulses processed through innovative algorithms, detecting a wide range of objects under various environmental conditions.
Leddar sensing technology is globally deployed in all types of devices and applications, from specialized industrial solutions to high volume Internet of Things (IoT) sensing applications. Already growing at 200% CAGR over the last few years, the sensor market is expected to reach more than a trillion dollars in 2020.
The highly adaptable Leddar technology serves multiple industry sectors in different formats (from sensor ICs to off-the-shelf sensor modules), providing brand owners and OEMs with a best-of-class sensing solution optimized for their application and ensuring quick and simple integration.
LeddarTech's technology is accessible to all interested in exploring the new frontiers of innovation through sensors, from maker communities experimenting with sensor modules to specialized industrial leaders and large consumer goods manufacturers working on new products or applications.
LeddarTech (http://bit.ly/1f7zvEk) is a key technological enabler in the sensor revolution under way. The Quebec-based company provides a core technology that makes it possible to develop highly efficient sensors that are required in the deployment of very-high-volume sensing applications. LeddarTech was named the Most Innovative Device Solution at first ever IoT Awards as well as awarded the Gold Medal for Best New Product of the Year at Best in Biz Awards International.
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