Federal Government Invests in Leading Edge Geomatics Ltd
News Release
LEG will purchase specialized equipment designed to help manage electrical utility infrastructure
March 30, 2016 – Lincoln, NB – Atlantic Canada Opportunities Agency (ACOA)
Leading Edge Geomatics Ltd (LEG), a leader in airborne remote sensing and geomatics, is purchasing new, specialized equipment to expand their operational capabilities and increase their competitiveness in providing aerial LiDAR and photo mapping services to electrical utility companies, thanks to an investment by the Government of Canada, through ACOA.
Matt DeCourcey, Member of Parliament for Fredericton, made the announcement today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).
The project involves the purchase and installation of Power Line Specific LiDAR equipment. LiDAR or Light Detection and Ranging is an optical remote sensing technology which measures properties of scattered light to find range and/or other information of a distant target.
With the purchase of this latest, innovative equipment, LEG will be able to offer electric utilities the capability to inspect poles, monitor vegetation and manage right of ways while capturing 3D geospatial intelligence information. This information will enable utility customers to strategically manage the long-term health of their infrastructure. Overall, the project is expected to create up to nine new jobs over a two-year period.
The Government of Canada, through ACOA’s Business Development Program, provided a repayable contribution of $254,500 to Leading Edge Geomatics while the company also contributed $254,500 toward this project.
Leading Edge Geomatics is an incorporated professional remote sensing and geomatics firm. With 43 years of combined staff experience in the geomatics industry, the company has worked on projects throughout North America conducting national level survey projects.
Quotes
“The Government of Canada is committed to building a strong and innovative Atlantic economy and helping create the right conditions for good quality jobs for Atlantic Canadians.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“The Government of Canada, through ACOA is pleased to support Leading Edge Geomatics with the purchase of this unique, innovative equipment which will strengthen their competitiveness and position the company for new growth while bringing opportunities and benefits to our community and the entire region.”
- Matt DeCourcey, Member of Parliament for Fredericton
“The new LiDAR system will allow us to leverage our LiDAR based forest research and development, to provide advanced vegetation management solutions for the North American Power Utility market who are consistently investing to minimize outages due to vegetation issues.”
- Bill Kidman, CTO and one of the founders of Leading Edge Geomatics
Associated Links
Contacts
Ann Kenney
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-452-3687
Mike Oliver
Vice President Corporate Development
Leading Edge Geomatics Ltd.
506-476-5907
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