PCI Geomatics receives $5.6 m investment from Government of Canada

PCI Geomatics receives $5.6 m investment from Government of Canada

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PCI Geomatics is pleased to announce a significant investment in the future of geomatics. Bryon Wilfert, Canadian Member of Parliament and Secretary to the Minister of Finance, on behalf of Allan Rock, Minister of Industry, today announced a $5,563,240 investment to support innovative research and development by PCI Geomatics. With this investment, PCI Geomatics will develop GeoCapacity Centres, advanced technology software applications that merge large volumes of satellite imagery and mapping data to create digital maps in near real time. This will give professionals who deal with critical issues such as public security, health and safety, environmental protection and sustainable resource development, the ability to use geomatics as a decision-making tool of first choice.

This investment, funded through Technology Partnerships Canada, will assist
PCI Geomatics in creating three separate GeoCapacity Centres focused on mapping, the environment, and disaster management for homeland security. These centres will provide online geo-information products and services for government and commercial organizations that require accurate and up-to-date geospatial information to support their missions.

“GeoCapacity Centres connect the requirements of geospatial communities with sources of data, allowing its users to make intelligent decisions in a specific geomatics field,” said Robert Moses, President and CEO of PCI Geomatics Enterprises Inc. “By building capacity for handling spatial information in a rapid, sustainable way, we not only create information products, but also develop critical infrastructure.”

Technology Partnerships Canada, a key instrument of Canada’s Innovation Strategy, makes strategic, conditionally repayable investments in great Canadian ideas, which are the currency for success in the 21st century. Technology Partnerships Canada’s critical investments in research and development promote innovation, commercialization, sustainable development and increased private sector investment, while enhancing the quality of life of all Canadians.