Feds invest $11.5M to elevate Canada’s position in space satellite technology

DORVAL, QC – Canada’s space and satellite communications industry received a boost Wednesday after the federal government announced a $11.5 million repayable investment from the Strategic Innovation Fund to help improve access to broadband in rural and remote areas.David Lametti, Parliamentary Secretary to Innovation, Science and Economic Development Minister Navdeep Bains (pictured), said that Advantech Satellite Networks will use the funds to develop an advanced satellite broadband network that will improve the performance of satellite communication systems. The total value of the project is $29 million.According to the announcement, the project will support the development of next-generation terminals and hubs for...