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Government investing in space and satellite communications technologies to improve access to broadband in rural and remote areasNearly $11.5 million from the Strategic Innovation Fund will help create or maintain more than 95 jobs in Quebec DORVAL, QC, April 11, 2018 /CNW/ - Space touches all aspects of our lives, from connecting us to the Internet to helping farmers map out their crop development. That's why David Lametti, Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced a significant investment in the Canadian space industry. Thanks to a repayable government investment of nearly $11.5 million, Advantech Satellite Networks will develop an advanced satellite broadband network that will improve the performance of satellite communication systems. The total value of the project is $29 million. This funding will help create or maintain more than 95 jobs in Quebec and will bring new high-tech skills to the Montréal region, thanks to Advantech's partnership with local post-secondary institutions like Concordia University and Dawson College. The project will support the development of next-generation terminals and hubs for faster and higher-capacity broadband networks that allow data to be transmitted more efficiently across networks, leading to significantly lower network costs. These innovations could also lead to other broadband solutions that will help bring greater Internet access and more reliable service to communities in rural areas of Canada. As the technology can be adapted to any satellite, the project will position Advantech to capture a share of a growing global market. Canad is uniquely placed, with space satellite industry leaders, to pursue cutting-edge innovations in the fields of low-earth-orbit and high throughput satellite technologies, creating jobs while building better and more reliable connectivity for all Canadians. Quotes "Canada's space sector provides thousands of middle-class jobs for Canadians and drives innovations that improve our everyday lives. Advantech's satellite project will help strengthen our country's leadership in space satellite technology while improving Canadians' access to broadband Internet in all parts of the country. This project is an excellent example of home-grown ideas that help Canadians fully participate in the digital economy." "Advantech's project shows how innovative Quebec companies are solving real problems and creating the middle-class jobs our community needs now and in the future. Its partnership with local post-secondary institutions will help ensure our local workforce has the skills it needs to succeed in our innovation economy." "We are extremely honoured and excited that our High Throughput Satellite System [HTSS] project was awarded this contribution from Canada's Strategic Innovation Fund. HTSS is an important piece of the overall telecommunications infrastructure and plays a major role in producing visible and concrete outcomes for areas without access to high-speed Internet. The technology being developed will showcase Canadian satellite companies' innovations that will help them provide affordable connectivity for the benefit of all Canadians, eliminating the digital divide for hard-to-reach regions, including the Arctic. It will also enhance Canadian satellite technology exports worldwide." Quick facts
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SOURCE Innovation, Science and Economic Development Canada |