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Alberta Centre for Advanced MNT Products (ACAMP) has joined Alberta Aerospace and Technology Centre (AATC) at Edmonton International Airport (EIA) to help Alberta businesses enter and expand into the global advanced transportation and connected vehicle system markets–estimated to grow from $2.4 billion in 2014 to $102 billion in 2030.
AATC focuses on attracting and building a cluster of activity in aerospace and technology at EIA for the benefit of Alberta. ACAMP is a unique, industry-led product development centre that advanced technology entrepreneurs count on to move their hardware innovation from proof-of-concept to manufactured product. Both organizations have the experience, proven capabilities and desire to help Alberta businesses enter the viable and fast-developing autonomous transportation and technologies market.
Recognizing this market’s potential for Alberta businesses, ACAMP recently formed the Advanced Systems for Transportation (AST) Consortium. This consortium aims to enable development and innovation in smart infrastructure and transportation, and to promote collaboration between Alberta businesses, academic institutions and the Government of Alberta with multinational manufacturers that directly and indirectly, support the automotive industry.
EIA is a member of this consortium and is working with ACAMP on autonomous systems projects. The formalization of this established productive relationship and the pooling of talents and efforts were the logical progressions toward a common goal.
“Alberta researchers and entrepreneurs are leading the world in advanced intelligence systems,” said Deron Bilous, Minister of Economic Development and Trade. “We are proud to support organizations like ACAMP that drive innovation, diversify our economy and create new jobs. As they help our businesses attract investment and export abroad, they are creating new opportunities here at home.”
There are already more than 50 Alberta companies employing over 1,000 people in the area of advanced intelligent systems. The AST consortium will enable Alberta’s small to medium sized businesses to expand their client base, increase their exports, attract investments, and help diversify the Alberta economy.
ACAMP CEO Ken Brizel noted that, in Alberta alone, about 30 companies are working on technology that could be applied to autonomous vehicles. “These new facilities will undoubtedly attract businesses to Alberta.”
“ACAMP is developing the technology of the future and we see them as a key enabler for AATC, “said Tom Ruth, EIA president and CEO. “We know their technologies will revolutionize aviation and other industries around the world.”