November 1, 2011
The Industrial Technologies Office (ITO) publishes a semi-annual status report to enhance transparency of the Strategic Aerospace and Defence Initiative (SADI), which provides repayable contributions for innovative research and development (R&D) projects in the Canadian aerospace, defence, space and security industries.
SADI projects are long-term (normally up to five years of R&D followed by 15 years of repayments) commencing with an R&D phase, followed by a repayment phase - the period in which a product, or a technology, could generate revenue for the company. In such cases, repayments flow back annually to the program according to the terms and conditions of the company’s contribution agreement.
SADI Program Highlights:
- Total number of active projects: 24
- Projects in the R&D phase (repayments are not yet due): 23
- Projects in the repayment phase: 1
- Total disbursements to date: $253.2 million
- Total cumulative repayments collected to date: $32,973
Please refer to the Explanatory Notes at the end of the following table for more information.
Contribution Date | Company | Authorized Assistance ($) | Repayments ($) |
---|---|---|---|
Explanatory notes:
| |||
22-Feb-2011 | AeroMechanical Services Ltd. | 1,967,507 | A |
25-Oct-2010 | ASCO Aerospace Canada Ltd. | 7,688,288 | A |
05-Aug-2009 | Axys Technologies Inc. | 1,836,900 | A |
08-Oct-2009 | BelAir Networks Inc. | 9,690,706 | A |
30-Mar-2009 | CAE Inc. | 250,000,000 | A |
13-Jan-2009 | CMC Electronics Inc. | 52,287,784 | A |
25-Aug-2010 | D-Ta Systems Inc. | 1,790,140 | A |
10-Jan-2008 | Diamond D-Jet Corporation (DDJ) | 19,600,000 | A |
03-Mar-2009 | EMS Technologies Canada, Ltd. | 8,718,634 | A |
24-Mar-2010 | GMA Cover, ULC | 8,646,000 | A |
02-Sep-2008 | Héroux Devtek Inc. | 26,964,430 | A |
27-Aug-2008 | Integran Technologies Inc. * | 5,679,683 | A |
23-Feb-2010 | Kongsberg Mesotech Ltd. | 4,968,000 | A |
01-Sep-2008 | Magellan Aerospace Limited | 43,391,600 | A |
26-Jul-2010 | Mechtronix Systems Inc. (MSI) | 18,570,000 | A |
05-Sep-2008 | Norsat International Inc. | 5,975,200 | A |
12-Aug-2009 | PCI Geomatics Enterprises Incorporated | 7,665,000 | A |
10-Dec-2010 | Pratt & Whitney Canada Corp. | 300,000,000 | A |
27-Mar-2009 | SkyWave Mobile Communications Inc. | 3,127,200 | A |
31-Mar-2009 | Sputtek Inc. | 360,285 | 32,973 |
23-Dec-2010 | Thales Canada Inc. | 12,988,800 | A |
22-Mar-2011 | Ultra Electronics TCS Inc. | 32,447,400 | A |