Investment supports Open Ocean Robotics, a leading Canadian cleantech company, and will help Canada protect its oceans and meet its ambitious climate objectives
VICTORIA, BC, Dec. 1, 2021 /CNW/ – Canada’s cleantech entrepreneurs are proving their power to take on today’s environmental challenges. Working in partnership with innovative companies, the Government of Canada is supporting the growth of a greener economy.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced an investment of $2.8 million in Victoria-based Open Ocean Robotics through Sustainable Development Technology Canada (SDTC). This is the second SDTC investment in Open Ocean Robotics (OOR) and part of a continuing collaboration that is helping the company advance its cleantech solution for gathering ocean data and protecting the marine environment.
OOR is a graduate of SDTC’s Seed Fund for early-stage entrepreneurs who have gained solid ground and are ready to scale up. The company used previous funding to build one of its first solar-powered uncrewed surface vehicle (USV) prototypes. Its USVs are designed to monitor and protect marine environments for months at a time, without producing greenhouse gas emissions. They capture key data to help conserve marine biodiversity, prevent overfishing and other threats to ocean health, and better understand the impacts of climate change.
OOR will use the latest SDTC investment to advance its SeaSense initiative, which aims to protect the marine environment with the latest generation of zero-emission autonomous vessels, artificial intelligence and advanced sensors. … READ MORE HERE.