Winner of FPInnovations Foresight Challenge

The Wood Business website reported that Object Raku Technology, with its  partner Forsite Consultants Ltd., was the winner of the FPInnovations Foresight Challenge. These companies were awarded a $200,000 contract to further advance technologies and techniques for rapidly producing more accurate and more detailed LiDAR-based forest inventories. “The work being done in the field trial demonstrates the potential for high-tech companies to work with the forest sector to explore new approaches to complex issues, and is an excellent example of how open innovation can be applied in the sector,” said Stéphane Renou, president and CEO, FPInnovations. “Working with FPInnovations on this forestry challenge once again proves how collaboration between industry, government and other stakeholders is key to technology transformation in the resource sector,” said Jeanette Jackson, Foresight’s managing director.

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