Made by Waterloo: Alchemy transforms nanotechnology for defense solutions

Share Velocity startup collaborates with the Canadian Armed Forces to develop next-generation thermal camouflage textiles using advanced nanocomposite coatings Less than a decade after launching as a student startup, Alchemy has reached a major milestone: completing a $13.7 million initial public offering (IPO) and beginning to trade on the TSX Venture Exchange. The achievement captures years of growth for a company that started as a University of Waterloo capstone project and has since expanded into global automative and defence markets. Nestled in the heart of Waterloo region’s innovation di