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Aerospace

Boeing Invests $61 Million in British Columbia Aerospace Companies

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Boeing is investing $61 million to support two British Columbia aerospace companies, part of its Industrial and Technological Benefits commitment tied to Canada’s selection of Boeing’s P-8A Poseidon aircraft. This includes $13 million for Parksville’s COTA Aviation, an Indigenous-owned aerospace and defense company, enhancing their manufacturing capabilities and establishing a training facility.

Additionally, Boeing is investing $48 million in research and development at Boeing Vancouver to optimize aircraft maintenance and performance. These investments will generate nearly 3,000 jobs and $358 million annually in economic output, contributing significantly to Canadian economic growth.

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E-Learning Company Targeting Aerospace Sector Adds AI Tech to Training Platform

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Halifax-based Bluedrop Training & Simulation has received $448,950 from the Atlantic Canada Opportunities Agency to incorporate artificial intelligence into its virtual reality training. This funding will enable Bluedrop to offer more personalized and effective training by adapting simulations to individual needs in real-time, according to a statement from the federal government.

Bluedrop’s advanced training solutions are used by the Canadian Air Force, Navy, and other emergency services. The AI integration aims to enhance the learning experience, cut costs, and expand Bluedrop’s reach into new markets, maintaining an edge in the competitive aerospace and defence sectors.

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Boeing to Invest $240 Million in Québec Aerospace Innovation

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Boeing has unveiled plans to invest in several Québec-based enterprises, including a $110 million anchor investment for an Aerospace Development Centre in the new Espace Aéro Innovation Zone. These investments are part of Boeing’s commitment to Canada following its selection of the P-8A Poseidon aircraft for the country’s multi-mission needs.

Boeing will collaborate with Wisk’s Montreal engineering center on autonomous eVTOL air taxis and work with Héroux-Devtek on advanced landing gear research. This initiative aims to advance sustainable aerospace technologies in Canada, fostering economic growth and innovation. The move is expected to generate nearly 3,000 jobs and $358 million annually.

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