York Region Headquartered Magna Partners with RocketSpace to Accelerate Automotive Innovation

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Tech startups now have a new route to bring their inventions to life in the automotive industry, thanks to a new collaboration between Magna and RocketSpace. (CNW Group/Magna International Inc.)

Tech startups now have a new route to bring their inventions to life in the automotive industry, thanks to a new collaboration between Magna and RocketSpace.

Magna has expanded its innovation outreach by joining RocketSpace on its first-ever tech accelerator dedicated to automotive innovation in areas that include: electric vehicle systems, automated driver assisted systems (ADAS) and secure vehicle connectivity.

The Mobility Tech Accelerator Program is RocketSpace’s third industry-focused accelerator program.  As part of the program and as a corporate partner, Magna will be alongside companies such as BP, Allstate, Volkswagen, Avis Budget Group and IBM.