The Aerospace Innovation Hub in Calgary hopes to reach new heights thanks to an investment in funds and partnerships with industry companies.and Chapter.ai Ventures to create a space for people in the aerospace industry to prove their tech in real-world settings.
“This just goes to help us build that flywheel for us, to bring companies in to try new technologies, invest in those technologies that have real world solutions happening right here,” Parry said. “This is an example of why creating the right conditions for innovation and business is so important,” Jyoti Gondek said. “It’s through investments like these who are providing new ways for creators and problem solvers to try something new, to possibly fail, and to start all over again and get it right and end up changing the world from right here in Calgary.”OCIF, a city-owned subsidiary, said the hub is expected to create $1.5 million in research and development, and up to 40 patents.
“Calgary’s unique industrial, deep technologies and research ecosystem will help the Aerospace hub to establish itself as one of the prominent players in the global aerospace ecosystem,” said Neeraj Gupta, co-founder of Chapter.ai Ventures.
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