SunDensity, Inc. announces the formation of its new, wholly-owned subsidiary, SunDensity Canada, with the acquisition of QD Solar, Inc., a solar materials company spun out of research from the University of Toronto and located in the MaRS Discovery District in Toronto, Canada. Both companies are graduates of Luminate NY, the world’s largest accelerator for optics, photonics and imaging (OPI) tech companies. The asset acquisition agreement allows the organizations to explore a wider range of materials and processes for solar applications and promises to accelerate technology development. Terms of the private deal were not announced.