(Ottawa, Ont.; 17 Feb. 2015) Solace Power Inc. of Mount Pearl, Newfoundland and Labrador, will receive financial and technical support from The Boeing Company to develop and demonstrate its wireless charging technology.
In a government release on the deal, Neil Chaulk, Vice-President of Business Development, Solace Power, is quoted as follows: “We are extremely excited about our new relationship with Boeing. The ITB–Industry Canada program gives companies like ours an opportunity to work with exceptional partners to bring innovative technologies to market. Solace’s wireless power technology can bring real, tangible value to many of Boeing’s products, and we look forward to working with them, and other industry-leading companies, to advance their business through technology innovations.”
Solace has developed the capability to recharge unmanned aerial vehicles (UAV) in flight through wireless electrical energy. This will enable UAVs to travel farther from station and stay in the air for longer periods of time. Boeing is making this investment as part of its Industrial and Technological Benefits Policy obligations that resulted fromthe federal government’s December 2014 purchase of a C-17 Globemaster III aircraft.
In the same release, Jim Barnes, Director of Business Development in Canada, Boeing Defense, Space & Security is also quoted. “Boeing brings value to Canadian companies of all sizes through collaborations that take advantage of our capabilities across commercial aerospace, defence, advanced research and development, and more. Our focus on building relationships with small enterprises like Solace can lead to innovations that not only develop unique technologies but also promote long-term growth for Canadian companies.”
This is the first use of the Industrial and Technological Benefits (ITB) Policy’s Investment Framework tool. This tool directly benefits small and medium-sized enterprises (SME) by encouraging prime contractors on Government of Canada defence procurements to invest in the research, development and commercialization activities of smaller Canadian firms.
The ITB Policy encourages companies to establish or grow their presence in Canada, strengthen Canadian supply chains and develop Canadian industrial capabilities, while providing Canadian-based SMEs with access to global supply chains.
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Jake Enwright, Press Secretary, Office of the Minister of Industry: 343-291-2500
Media Relations, Industry Canada: 343-291-1777 email@example.com