Federal investment will enable small- and medium-sized businesses to fast track the commercialization of Canadian-made defence technologies
In a dangerous and divided world, the Government of Canada is working collaboratively with industry and other orders of government to boost our national defence capacity while creating economic opportunities for businesses. Alberta's growing defence sector is providing the innovation needed to strengthen security and economic resilience while supporting quality jobs for Albertans and Canadians.
Today, Corey Hogan, Member of Parliament for Calgary Confederation and Parliamentary Secretary to the Minister of Energy and Natural Resources, on behalf of the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for PrairiesCan, announced $2 million in federal funding for ConvergX Global Solutions Foundation (ConvergX). This investment will allow ConvergX to deliver testing and support services that help Alberta small- and medium-sized businesses commercialize defence-related technologies and products.
ConvergX connects industry leaders, governments, and innovation ecosystems to accelerate the commercialization of technologies and enable businesses to capture global market share. This project will aid the launch of the ConvergX Xpand Commercialization Zone (Xpand) to provide technology testing, validation, and export readiness training to help Alberta businesses commercialize defence-related innovations. While designed for defence, many of these technologies are dual-use, meaning they have applications in sectors like energy, agriculture, and artificial intelligence.
ConvergX also announced today investments from Boeing and the Opportunity Calgary Investment Fund (OCIF) for Xpand. By combining industry and government funding, more Alberta businesses can access the valuable services offered by ConvergX to expand their presence in the global defence sector.
