Grants and Contributions:
Title:
1017147
Agreement Number:
1017147
Agreement Value:
$2,500,000.00
Agreement Date:
Nov 7, 2023 - Mar 31, 2027
Description:
To develop advanced drones for complex asset and infrastructure management.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Location:
BURLINGTON, Ontario, CA L7N 3J1
Reference Number:
062-2024-2025-Q1-00071
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
770279693
Recipient Type:
For-profit organization
Recipient's Operating Name:
Aethon Aerial Solutions Inc.
Recipient's Legal Name:
Aethon Aerial Solutions Inc.
Federal Riding Name:
Burlington
Federal Riding Number:
35015
Program:
Business Scale-up and Productivity (BSUP)
Program Purpose:
To accelerate the growth of firms and assist with the adoption and adaptation of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help companies become globally competitive.
Coverage:
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
NAICS Code:
811210