Federal government contribution enhances company’s competitiveness
January 15, 2015 Dartmouth, NS Atlantic Canada Opportunities Agency
If the engine is the heart of a machine, then software controls are the brain. DynaGen Technologies, a local designer and manufacturer of engine and generator controls, is boosting its innovative capacity, productivity and competitiveness, thanks to support from the Government of Canada. Gerald Keddy, Parliamentary Secretary to the Minister of National Revenue and for ACOA, was in Dartmouth today on behalf of the Honourable Rob Moore, Minister of State (ACOA), to announce a federal investment in DynaGen Technologies Inc.
DynaGen will receive a repayable federal contribution of $500,000, through ACOA’s Business Development Program, to assist with developing new software to complement its custom engine and generator control solutions for commercial clients. By placing an emphasis on acquiring and adapting new software technology, Dynagen is continuing to accelerate its productivity and competitiveness in domestic and international markets.
Quick Facts:
- DynaGen is a manufacturer of electronic control solutions to automatic start, monitor and protect industrial engines and generators.
- DynaGen's components serve as the “brain” of engine-powered equipment, controlling all on-board functions and ensuring efficient operation.
- DynaGen’s products are designed to work with engines and generators produced by many of the world’s leading manufacturers.
- DynaGen was founded in Sydney, NS in 1993 and relocated its design headquarters to Dartmouth, NS in 2007. The company manufacturers its products at factories in Dartmouth, Amherst and Moncton.
Quotes:
“DynaGen Technology's software serves as the “brain” of engine-powered equipment, and as we all know, it’s brainpower—innovation— that is accelerating Atlantic Canada’s success. Our Government is pleased to support DynaGen’s software development efforts, and to encourage opportunities for innovation that will increase the productivity, growth and competitiveness of businesses in our region.”
- Gerald Keddy, Parliamentary Secretary to the Minister of National Revenue and for ACOA and Member of Parliament for South Shore-St. Margaret’s, on behalf of the Honourable Rob Moore, Minister of State (ACOA)
“This software development opportunity will advance our product offerings and build on the technical skills needed to innovate, grow and compete both locally and internationally. DynaGen’s focus on superior product reliability and our highly talented and committed team have been the key drivers in our success. We look forward to providing existing and future customers with the most rugged and capable products in the industry.”
- Paul Wareham, CEO, DynaGen Technologies Inc.
Associated Link:
• DynaGenTechnologies
Contacts:
Kelsie Corey
Director of Communications
Office of the Minister of State
Atlantic Canada Opportunities Agency
613-941-7241
Alex Smith
Director, Communications and Outreach
Atlantic Canada Opportunities Agency
902-426-9417
Paul Wareham
CEO
DynaGen Technologies Incorporated
902-442-9410
