Government Provides Funding to Imaging Company

A technology company based in St. John’s pioneering an advanced 3D holographic display will receive a significant investment from the Provincial Government for research and development costs associated with its flagship product.

Avalon Holographics will reeive an investment of $1,023,575 in towards the development of a transportable version of its 40-inch holographic display table, NOVAC.

Built using proprietary technologies, NOVAC allows for a group of people to view the same holographic display without the use of equipment such as 3D glasses or virtual reality headsets. The holographic images generated by NOVAC allow for depth perception without encountering headaches or other side-effects typically associated with other 3D visual displays.

The company will invest a further $1,753,065 for this project.