Dartmouth firm develops advanced vessel management tool
Global Spatial Technology Solutions uses ocean, weather and port activity data to inform clients’ decision-making
April 24, 2019 – Dartmouth, NS – Atlantic Canada Opportunities Agency
Innovation is a key economic driver in Atlantic Canada, generating new opportunities for increased international trade, sustainable economic growth, and creating well-paying jobs for the middle class. Global Spatial Technology Solutions (GSTS) is developing intelligent digital applications for the maritime sector that will save lives, reduce fuel and emissions, and improve operations and efficiency on a global scale.
The Canadian company has developed OCIANA, an advanced maritime risk and vessel management tool to help guide clients’ decisions. OCIANA collects ocean, weather and port activity data and uses artificial intelligence and big data analytics to uncover insights for the maritime shipping industry, transportation, energy and security sectors. The tool will build on a maritime surveillance satellite system created with support from the Canadian Space Agency that is used by Canada’s Department of National Defence, Transport Canada and the Canadian Coast Guard.
Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), announced support for the project today.
Economic growth and the creation of good jobs for Atlantic Canadians require innovation and diversification. Support for this project is one way the Government of Canada is growing the innovation economy by working to sustain strategic clusters, and enhance the development and reach of business accelerators and incubators. Projects like this also contribute to the Atlantic Growth Strategy outcome of long-term economic prosperity in the region.
“Our government is laying the foundation for Canadians to become more competitive and succeed in the global economy. Today’s investment is building on our competitive advantages by helping Global Spatial Technology Solutions develop an advanced vessel management tool to improve safety, energy efficiency, security and environmental sustainability, so it can boost economic growth and create good, middle class jobs for Canadians.”
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“We believe in making smart investments so that companies in Atlantic Canada have what they need to innovate, grow, and provide good jobs. Here in Dartmouth, Global Spatial Technology Solutions’ work ensures that Canada remains at the forefront of cutting-edge maritime data collection and analysis.”
Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour
“Our solutions build upon previous Canadian government investments in the space technology sector, to enable Canada to provide solutions that support increased maritime trade by improving efficiency, reducing emissions and minimizing the risks of environmental damage. This capability will keep Canada at the forefront of maritime safety, security and environmental stewardship.”
Richard Kolacz, CEO, Global Spatial Technology Solutions
Global Spatial Technology Solutions (GSTS) works with Canadian and international customers to develop maritime monitoring and analysis tools to solve challenges related to vessel emissions, route optimization, cargo and vessel security, as well as environmental sustainability.
GSTS has four staff in the Middle East and eight employees in Canada, with two located in Dartmouth, Nova Scotia, and the rest in Ontario and Calgary, Alberta. The company plans to move all Canadian staff to Dartmouth within the next three years. The company also plans to increase its staff to 13 this year, and up to 30 within the next few years.
The maritime safety market is estimated to grow to $23.67 billion US dollars by 2021, according to a MarketsandMarkets report.
The Government of Canada invested $500,000 in this project through the Regional Economic Growth through Innovation (REGI) program.
The Business Scale-up and Productivity stream of the Regional Economic Growth through Innovation program supports businesses at various stages of development, including high-growth firms, to accelerate their growth, help them scale up and enhance their productivity and competitiveness in both domestic and global markets.
The Regional Economic Growth through Innovation program continues to build on the objectives of the Government of Canada’s Innovation and Skills Plan.
Director, Communications and Outreach
Atlantic Canada Opportunities Agency
902-426-9417 / 902-830-3839 (cell)
Global Spatial Technology Solutions
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