Funding Details

Location: New Brunswick
Amount Financed: >$250K
Type of Facility: Grant Financing
Days to Fund: 18

Use of Funds:
As the company is early stage, the funds are being used for R&D to enhance the product and get it ready for market.  This company is slightly unusual in that they qualified for funding yet do not have meaningful revenue.

Company financed with SR&ED loan

Company Background: This organization engineers hardware and software to enhance safe operations for aerial vehicles.