Quebec government invests $38M in aerospace research and innovation
by CM staff
These six new collaborative research and innovation partnerships bring together seven national and international private companies, in addition to five academic research centres pooling their expertise to create new solutions.
MONTREAL — The Consortium for Research and Innovation in Aerospace of Quebec (CRIAQ) announces six collaborative research and development projects, for a total of 17 projects approved and funded by the industry and the Quebec government to advance aerospace technology innovations in Quebec in direct response to market demand.
These six new collaborative research and innovation partnerships bring together seven national and international private companies, in addition to five academic research centres pooling their expertise to create new solutions.
Since the Quebec government launched the Quebec Aerospace Strategy Horizon 2026 last February, CRIAQ has set up 17 research partnerships involving a total of 24 companies and 12 research centres for a total value of $38 million. Of this total investment, $15 million comes from public funds announced by the Quebec Government, MEIE in April 2022. In addition to these public funds, there are budgetary envelopes from Mitacs and the Natural Sciences and Engineering Research Council of Canada (NSERC).
“To meet the major challenges facing the entire global aerospace ecosystem and accelerate the transition to a new resilient and sustainable air mobility, we must be bold and invest in research and development,” said Alain Aubertin, President and CEO, CRIAQ. “It is crucial that Quebec consolidate its leadership position by accelerating the evolution of the entire sector through new technologies geared towards decarbonization, customer-centric air mobility of the future and its renewal in the digital age.”
In February, 64 new project ideas will also be presented by aerospace companies at the RDV Forum 2023.
