The Centre for Ocean Applied Sustainable Technologies (COAST), a branch of SIPP, is pleased to announce the organization has received $2 million in funding from the BC Ministry of Energy, Mines and Low Carbon Innovation.
Provided through B.C.’s Innovative Clean Energy Fund, the investment will support COAST’s development of a world-class ocean technology innovation hub and cluster across Pacific Canada. The funding was announced by Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation on March 28 at Open Ocean Robotics, which received $1.75 million to commercially develop small solar-powered autonomous vessels for ocean monitoring.
“We are grateful to the Ministry for their investment,” says inaugural COAST CEO and Group CEO for SIPP Emilie de Rosenroll. “COAST is on an exciting journey to fulfill our 2030 vision to establish Pacific Canada as a world leader in ocean technology innovations that create scaled economic and environmental impacts, especially new technologies focused on solving climate challenges and supporting sustainability across marine industries.”