B.C. small business receives over $2.5M to develop hydrogen ecosystem
Squamish-centered business enterprise gets in excess of $2.5 million to aid construct British Columbia’s hydrogen ecosystem and gas inexperienced transportation (CNW Team/Pacific Economic Advancement Canada)
SQUAMISH — In Squamish, Quantum Technological innovation Company is trying to use its carbon-totally free hydrogen technological know-how to produce inexperienced transportation solutions.
Harjit S. Sajjan, Minister of Emergency Preparedness and Minister dependable for PacifiCan, introduced $2,547,500 in funding for Quantum Technological innovation to scale-up generation of its inexperienced hydrogen technologies.
Quantum Technological innovation manufactures the equipment wanted to purify and liquefy gases these kinds of as hydrogen and helium. These gases can be made use of as a carbon-cost-free electricity source – critical for creating a internet-zero foreseeable future in sectors like transportation.
This funding, provided as a result of PacifiCan’s Enterprise Scale-up and Productiveness program, will assist Quantum Engineering carry on to increase by improving its producing process, improving solution style and design, and rising its workforce to meet Canadian and worldwide market place need.
The financial investment is anticipated to guidance more than 20 new jobs at Quantum Technological know-how.
“Across our province, British Columbians are developing a cleaner, a lot more prosperous foreseeable future. Today’s announcement will enable Quantum Technological innovation fulfill world desire for its improvements and build superior community jobs. This expense demonstrates PacifiCan’s commitment to positioning B.C. as a leader in cleanse engineering,” stated Harjit S. Sajjan, Minister of Unexpected emergency Preparedness and Minister accountable for the Pacific Economic Improvement Company of Canada (PacifiCan).
“The District of Squamish has established itself as a escalating hub of clear technological know-how businesses. As we steadily accelerate by way of the power transition to a cleaner economic climate, non-emitting vitality will require to be a growing share of our power blend. The Authorities of Canada’s investment decision of around $2.5 million will assist Quantum Engineering expand to meet Canadian and global market place need in this strength dense web zero gasoline. This nearby investment for a BC-owned business that is immediately rising its marketplace globally will produce well paying out sustainable work opportunities suitable in our yard. The Government of Canada is fully commited to earning investments like these which will assistance get to our weather targets and unlock the unmatched opportunities that are current in the green economy,” reported Patrick Weiler, Member of Parliament West Vancouver—Sunshine Coast—Sea to Sky Country.
