Thalmic Labs is one of the famous start-ups based on Waterloo, Ontario. The company was founded by a trio of University of Waterloo students last year and has up to 40 employees since it is gearing up for the early 2014 launch for its first product, the Myo armband.

The $149 armband is a portable version of Microsoft’s Kinect, or gesture-recognition device that can be plugged into the Xbox 360 console and allows the wearer to interact with his/her computer, smartphone or other devices with simple hand motions. It reads electrical activity in the wearers arm muscles when figuring what actions to perform.

Since wearable technology is hot right now, Myo fits in the overall category perfectly and has a bright future. Experts say technology is advancing though there will be a time where it is going to be stagnant and there will be no future. Fortunately, start-ups and innovators like these proves this wrong.

Sources:
1.) Nowak, Peter. “Thalmic Labs: Canada’s hottest startup.” Yahoo Finance. 22 Oct. 2013. Web. 15 Nov. 2013. <http://finance.yahoo.com/blogs/dashboard/thalmic-labs-canada-hottest-startup-134431829.html>

2.) https://www.thalmic.com/en/myo/

3.) https://www.youtube.com/watch?v=oWu9TFJjHaM