Wednesday, June 21, 2023
Canada Invests $350 Million in Sustainable Aviation Technology
The Government of Canada announced an investment of C$350 million to support the newly launched Initiative for Sustainable Aviation Technology (INSAT), aimed at supporting research and development into sustainable aviation technologies, and accelerating the aerospace industry’s green transformation.
According to a government statement, the new INSAT investment will aim to establish a pan-Canadian, industry-led network, focused on funding R&D projects. The projects will target four key technology areas, including hybrid and alternative propulsion, aircraft architecture and systems integration, the transition to alternative fuels, and aircraft support infrastructure and operations.