Friday, March 9, 2018

Nova Scotia, The Next Wave In Ocean Technology

KUALA LUMPUR, March 9 (Bernama) -- Nova Scotia is bringing 14 of its most innovative companies to London, UK for Oceanology International 2018, from March 13 to 15.

Nova Scotia is part of Canada's Ocean Supercluster.

Surrounded by the Atlantic Ocean, the province is building on its international reputation in ocean observation, bringing world-class designers, manufacturers, experts and innovators to showcase their latest products and services.

These are in fields such as underwater acoustics and imaging, marine communication and navigation, robotics, and sensors.

"For Nova Scotia, this is an incredible opportunity to demonstrate the world-class work our companies are doing in ocean technology, and how it's driving our ocean economy," said Laurel Broten, president and chief executive officer of Nova Scotia Business Inc., the business development agency of the province.

With the longest coastline in the world, Canada has a global advantage in the oceans industry and has recently committed up to $250 million of investment in the sector over the next five years.

With an expected impact of thousands of jobs, and billions of dollars in GDP growth, Nova Scotia companies are uniquely positioned to be leaders in everything from ocean technology and observation, to marine-centric defence and security, to transportation and energy.

Currently, Nova Scotia is building its industry infrastructure through the Centre for Ocean Ventures & Entrepreneurship (COVE).

It is the region's collaborative space for ocean technology businesses, start-ups, researchers, and marine-based and service businesses.

The space allows both local and global businesses to collaborate and take advantage of the province's 300 ocean-related companies, 60 high-tech innovators, and high concentration of oceans-related researchers.

-- BERNAMA

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