How the Starkey Hearing Technologies company got a $20 million loan from an investor who has donated millions to a Canadian politician
A technology company that got $20m from a Canadian political donor has gone on to develop a hearing aid that works in concert with the Starkeys technology.
In October, the company won a $10 million federal loan to help develop its device.
Starkey Technologies is a Canadian company that is best known for hearing aids and other technology.
Starkeys chief executive officer Marc Maron is a vocal supporter of Democratic presidential candidate Bernie Sanders, whose platform is focused on improving healthcare.
Maron donated $10,000 to a Sanders campaign committee in 2016.
StarKeys earphones can record audio and video and can be worn by people with hearing loss.
“It’s a very smart, very smart device,” Maron said of the StarKeys device.
“You don’t have to do much to have the technology work for you.”
Maron says his company had already developed a prototype for the StarKey device.
He says he hopes to start selling the Star Key headphones in Canada by the end of the year.
Marons technology has won over some other investors.
In 2015, the Financial Times reported that a Starkey investor gave $20,000 in 2015 to the Canadian Green Party.
The Globe and Mail also reported that Starkeys received a $2.6 million investment from a businessman named Robert B. McArthur, who donated $50,000 of his fortune to the Green Party in 2014.
In December, the New York Times reported the Star Keys earphones were approved for use by the National Capital Commission.
The company has a patent for the technology.
The hearing aid has been a boon for the Canadian economy.
The Canadian economy is one of the world’s most mobile, with Canada’s population growing by 1.3 per cent annually.
That has led to increased demand for technology and a boom in the supply chain for hearing devices.
“There is a lot of supply-side activity,” said Tom Bowers, chief economist with the Canadian Federation of Independent Business.
“The demand is going to continue to be there, so it is going be hard to see the supply-chain shrink in the near future.”
The StarKeys hearing aid works in conjunction with a StarKey technology that’s developed by the company.
It is a technology that can sense the electrical activity in a person’s ears and then detect the sound wave coming from the head.
The Starkey technology can detect the loudness of the noise, and it can detect whether the person is talking or not.
It also can detect other sounds such as people talking over each other, which is often done in the workplace.
In its latest financial statements, StarKeys says the company’s revenue rose from $4.9 million in 2014 to $6.9 billion in 2019.
The technology has also made it easier for people to hear for a while, said Bowers.
“We’re going to be seeing more technology, more people being able to use hearing aids,” he said.
“And the technology is going get better.”
Maroon said he’s proud of the technology’s performance.
“When we first started out we were very much a little bit of a laggard,” he told CBC News.
“But now we are really starting to see a real trend.”
He said the technology has helped people who are deaf or hard of hearing get through the day, which has helped the economy.
“This is something we really believe is going the right way,” he added.
Maroon is optimistic about the future of the company and said it is important for Canadians to be able to hear when they need to.
“As the technology becomes better and better, we can help Canadians to better communicate with their family and loved ones and their friends,” he noted.