December 18, 2018 – The Federal Government is supporting projects at Seamatica Aerospace that will contribute to the company’s growth and enable it to acquire new equipment to demonstrate the effectiveness of its drone (unmanned aerial system or UAS) technology.
Seamatica Aerospace (SMA) is conducting land-based trials of its GuardianEye anti-collision system for the Royal Canadian Navy, which will enable safe operation of drones beyond visual line of sight. New hardware components for the GuardianEye will help SMA demonstrate the system to the Navy, while a permanent installation of the demonstration system will enhance the company’s capacity to further develop and commercialize its technology, and become better established in the marketplace. The company is also improving its business systems and strategies to capitalize on growth opportunities and advance commercialization efforts.
Following a tour today, Nick Whalen, MP for St. John’s East, on behalf of the Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), announced support for the company through ACOA’s Business Development Program. A $150,000 repayable contribution will help to offset equipment and production costs for the demonstration project, while a non-repayable contribution of $50,000 will assist the firm’s business improvements.