New investments created in Newfoundland and Labrador-based company specializing in wireless charging technology
February 17, 2015 – Ottawa – Industry Canada
The Government of Canada's military procurement policies have led to investment in a small Newfoundland and Labrador firm.
Solace Power Inc. of Mount Pearl, Newfoundland and Labrador, will receive financial and technical support from The Boeing Company to develop and demonstrate its wireless charging technology. Solace has developed the capability to recharge unmanned aerial vehicles (UAV) in flight through wireless electrical energy. This will enable UAVs to travel further from station and stay in the air for longer periods of time.
Boeing is making this investment as part of its Industrial and Technological Benefits Policy obligations resulting from the Government's December 2014 purchase of a C-17 Globemaster III aircraft.
Office of the Minister of Industry