News: Optoelectronics
22 August 2025
Ranovus’ $100m investment to develop and scale optical semiconductor manufacturing in Ontario
Invest Ontario is supporting an investment of over $100m by Ranovus Inc of Ottawa, Ontario, Canada (which develops and manufactures multi-terabit photonics interconnect solutions for data-center and communications networks) to develop and scale optical semiconductors that are powering the next generation of artificial intelligence (AI) infrastructure. The project will expand Ranovus’ manufacturing facility in Ottawa and create 125 new jobs, more than doubling the existing workforce.
As AI continues to evolve and permeate industries, there is growing demand for data centers purpose-built to handle the intensive computational workloads required to train and run AI and machine learning systems. Ranovus’ investment will increase domestic production of critical hardware used in these data centers, strengthening Ontario’s semiconductor supply chain and global presence in the sector.
The firm’s technology is tailored for data centers focused on AI and machine learning (ML), significantly reducing latency and power consumption. Co-packaged optics interconnect solutions enable the next generation of AI/ML workloads in data centers and communication networks. With its expertise and track record in optoelectronic subsystem development and commercialization, Ranovus says that it is driving innovation in the AI compute industry. Its portfolio of IP cores — including multi-wavelength quantum dot laser technology and advanced digital and silicon photonics integrated circuits — is said to set new benchmarks for power efficiency, size and cost in optical interconnect solutions. Ranovus’ Odin platform is designed to optimize data-center architectures for AI/ML and communications applications.
Through the expansion, Ranovus is also bringing previously outsourced manufacturing capacity back to Ontario. By developing and commercializing its technologies in Ontario, Ranovus is expected to help the province to lead the advancement of AI with sovereign compute capabilities built and scaled at home.
The investment also marks Invest Ontario’s first project in this strategic sector. It will be supported with a grant of up to $2m through the Invest Ontario Fund, subject to reaching a definitive agreement.
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