US aircraft manufacturer Boeing has announced $240m investments in Canada focused on aviation innovation and eVTOL aircraft.
The three investments will all go to enterprises in Québec, the French-speaking province of Canada.
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$110m will go to Espace Aéro Innovation Zone to build an Aerospace Development Centre.
$95m is being invested in Wisk Aero, and $35m will be invested in research into advanced landing gear in partnership with Héroux-Devtek.
Wisk Aero is a Montreal-based engineering business, currently developing an autonomous, electric, 4-passenger eVTOL air taxi.
“Boeing’s continued support of our Montreal engineering hub is a testament to the important work we’re already doing here in Canada,” said Sebastien Vigneron, Wisk senior vice president.
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By GlobalData“This is a tremendous opportunity to expand our team, tap further into the exceptional aerospace talent in Québec, and bring us one step closer to making our mission of bringing safe, everyday flight to everyone a reality.”
Pointing to existing expertise in the province, Boeing Global’s president Brendan Nelson explained the investment choices.
“Quebec’s aerospace capabilities are recognized worldwide, and we are excited to partner with the province on new initiatives that will generate cutting-edge technologies, drive economic growth and support decarbonisation of aviation,” he said.
“These investments serve as a testament to Canada’s aviation leadership and exemplify Boeing’s unwavering commitment to the country, where we have been driving innovation and fostering collaboration across the nation for over a century,” Nelson added.
Canada’s Minister of Innovation, Science and Industry François-Philippe Champagne said the benefits were not just for Boeing.
“With this state-of-the-art Aerospace Development Centre, Canada will also benefit from Boeing’s strategic investments in leading Canadian firms,” he said.
