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TPC invests in key technologies
Technology Partnerships Canada Investments
in Technology Research and Development
Industry Canada has announced four Technology Partnerships Canada
(TPC) investments approved in 2005. These include an investment with
CAE Inc. of Montréal, Quebec, two investments with
Messier-Dowty Inc. of Ajax, Ontario, and an investment with
D-Wave Systems Inc. of Vancouver, British Columbia.
TPC has invested in a research and development (R&D) project aimed
at improving CAE Inc.'s design, development and production methods
and product line, which includes strategic technologies for
simulation, equipment, modelling and software. Part of a broader
$630-million R&D project called Project Phoenix, this
$189-million investment - which the company publicly announced on
November 29, 2005 - will help introduce new technologies
that will position the company and suppliers across Canada to take
advantage of future opportunities for growth in simulation and
training programs. This project also holds the potential for broader
benefits in a number of areas that can be facilitated by
simulation-based technology, including aviation safety and homeland
security.
In addition, TPC has made a $9.5-million investment to support an
R&D project in the emerging field of quantum information
technology. This investment is part of a broader
$31.7-million project being undertaken by D-Wave Systems Inc. to
advance groundbreaking research in the development of three
generations of a quantum co-processor that could pave the way to
developing a superconducting quantum computer. Quantum computing is a
strategic and emerging field that, if successful, could accelerate the
pace of new discoveries in diverse applications - from biotechnology
and nanotechnology to industrial chemistry and other information
intensive science and engineering applications.
Finally, TPC has made two investments in aerospace and defence
technology R&D projects being undertaken by Messier-Dowty Inc. The
first investment of $9.9 million is part of a broader
$46-million R&D project aimed at enhancing the company's
capabilities for design, development and manufacturing of landing gear
systems for the emerging advanced small and medium-sized aircraft
platforms. The second investment of $6 million is part of a
$17.1-million R&D project focussed on developing electronics
systems technologies for aircraft engine controls and landing gear
steering controls in the company's Peterborough facility. Both
projects will help the company realize significant reductions in
weight, design and development time and cost of these technologies.
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