Technology companies are growing Atlantic Canada’s aerospace and defence sector – and the economy – by developing innovative products and services, creating jobs, and increasing global exports. Investments from the governments of Newfoundland and Labrador and Canada are helping Seamatica Aerospace Limited develop industry-leading technology to help make the airspace safer.
The Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced a non-repayable $459,094 contribution to Seamatica Aerospace Limited through the R&D Proof of Concept Program. In addition, the Honourable Seamus O’Regan Jr., Minister of Natural Resources and Member of Parliament for St. John’s South-Mount Pearl, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced a conditionally repayable contribution of $500,000 for the company.
These investments are helping the company develop Chronos – an aircraft position sensor that monitors piloted aircraft and remotely piloted “drone” operations in real time to help prevent collisions. While traditional airspace monitoring uses radar technology, Seamatica’s patented technology determines an aircraft’s position by “listening” to its transponder system.
Quotes
“This cutting edge technology is the next step in using remotely piloted aircraft fleets for commercial operations. Through its state of the art sensors, Seamatica is addressing a tech gap in monitoring airspace that does not yet exist. This impressive innovative solution by a local company will help improve safety, save costs and increase efficiency as unmanned aircraft progress in the future.”
Honourable Andrew Parsons
Minister of Industry, Energy and Technology
“The tech industry in Newfoundland and Labrador is creative, innovative and determined to grow even bigger. Seamatica Aerospace’s ground-breaking sensor technology makes our skies safer by preventing air collisions. It’s another example of how a small start-up in our province is making a big difference around the world.”
Honourable Seamus O’Regan Jr.
Minister of Natural Resources and Member of Parliament for St. John’s South-Mount Pearl
“We are committed to fostering a strong, resilient, innovative and globally competitive economy. Companies like Seamatica Aerospace Limited help make that possible and we are pleased to support businesses that create technology-driven jobs and opportunities.”
Honourable Mélanie Joly
Minister of Economic Development and Official Languages and Minister responsible for ACOA
“Seamatica’s patented Chronos technology addresses three market niches: anti-collision, navigation without GPS, and traffic validation. The validation market will likely mature first, enabling the Federal Aviation Administration (FAA) and Transport Canada and other air navigation service providers worldwide to confirm GPS-based reported traffic position in the next-gen airspace using Chronos as a secondary sensor.”
Dr. Siu O’Young
President, Seamatica Aerospace Limited
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Media contacts
Eric Humber
Industry, Energy and Technology
709-729-5777, 725-9655
erichumber@gov.nl.ca
Paul McGrath
Atlantic Canada Opportunities Agency
709-689-5731
paul.mcgrath@acoa-apeca.gc.ca
Catherine Mounier-Desrochers
Office of the Minister of Economic Development and Official Languages
Catherine.Mounier-Desrochers@canada.ca
Dr. Siu O’Young
Seamatica Aerospace Limited
709-728-1253
siu.oyoung@seamatica.ca