Investment of $ 38 million in space research and innovation in Quebec

MONTRAL, January 25, 2023 /CNW Telbec/ – Quebec Aerospace Research and Innovation Alliance – CRIAQ announces 6 new collaborative research and development projects, for a total of 17 projects approved and funded by industry and the Quebec government to advance space technology innovation there Quebec in Quebec. direct response to market demand.

$38M invested to address challenges facing the global space ecosystem and accelerate R&D

This new 6 collaborative research and innovation partnership brings together 7 national and international private companies, as well as 5 academic research centers that combine their expertise to create bold new solutions.

Since the Quebec Government launched the Quebec Horizon 2026 Space Strategy last February, CRIAQ has established 17 research partnerships involving a total of 24 companies and 12 research centers with a total value of $38 million. Of all these investments, 15 million dollars come directly from public funds announced by MEIE in April 2022. In addition to these public funds, budget envelopes from Mitacs and Board of natural science and engineering research Canada (NSERC).

One of the key strengths of CRIAQ’s R&D investment model is the leveraged effect of public dollars by leveraging investment from the private sector. In the creation of this collaborative research partnership, the companies that are part of them must invest, which brings the total amount of investment twice, and sometimes even three times more.

In order to face the major challenges facing the entire global space system and accelerate the transition towards a new sustainable and sustainable space mobility, we must be bold and invest in research and development. It is important that Qubec consolidates its leadership position by accelerating the transformation of the entire sector through new technologies aimed at decarbonisation, future customer air mobility and its modernization in the digital age, it declares. Alain AubertinPresident and CEO of CRIAQ.

In a global context where the space industry is increasingly facing the challenges of political, economic, technological, social and environmental change, CRIAQ is strongly committed to increasing the awareness of the research and innovation community, partner industry, government and other partners. in the ecosystem, to stimulate diversity, creativity, talent development and the emergence of entrepreneurs and innovators to support the evolution of the sector.

Every day at CRIAQ, our role is to bring ideas together, stimulate them, sometimes even confront them with the goal of creating innovation. For 20 years, with the financial support of the Quebec government, we have been organizing a network between specialized scientific researchers from our universities and the industrial community to push for more science and technology solutions to strengthen the leadership of Quebec’s aerospace industry. , adds Mr. Aubertine.

See the full list of 17 new projects and partner teams in the appendix. More information is available on request.

64 new project ideaswill also be presented by aerospace companies on February 14 and 15, during the RDV 2023 Conference, the largest meeting of its kind in Canada, bringing together technology experts in space matters. These experts will present their project with the aim of creating a partnership that will be supported by CRIAQ in starting these projects and funding them. All information on this hotbed of discussion on space technology and future solutions can be found here: https://rdvforum2023.criaq.aero

ABOUT CRIAQ

The Consortium for Research and Innovation in Space in Quebec (CRIAQ) is a unique example of collaborative space research led by companies of all sizes involving universities and research centers. Its mission is to increase the competitiveness of the aerospace industry by stimulating business innovation through collaborative R&D. It also aims to foster a new generation of innovators to strengthen Quebec’s technological leadership in modern space applications: digital space, future space mobility and sustainable space.

These are more than 220 projects completed and in progress, valued at approx 300 million dollarswhich involves more than 1900 scientific researchers and academic members and 2,200 students for 20 years of CRIAQ’s existence.

Appendix Aerospace R&D Projects

SOURCE Consortium for Research and Innovation in Space in Quebec (CRIAQ)

Press release posted on January 25, 2023 at 2:24 pm and distributed by: