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Securing Strategic Investments takes the #4️⃣ spot in COVE's #YearInReview! 🌊🌊 COVE reinforced its position as a leader in #MarineTechnology by driving #innovation through strategic investments, underscoring Canada's dedication to advancing technology and modernizing #defence capabilities. Major milestones included significant funding from the Atlantic Canada Opportunities Agency (ACOA - APECA) and the Department of National Defence/Ministère de la défense nationale (DND) and the hub’s integration into NATO’s Defence Innovation Accelerator for the North Atlantic (NATO DIANA) network. COVE secured over $3.1 million in funding to support groundbreaking projects. A $586,807 investment from ACOA launched Phase 2 of the Digital Harbour Initiative, enhancing real-time data collection with an integrated sensor network. This technology supports critical decision-making in logistics, security, and lifesaving operations. Additionally, $2.6 million from DND and ACOA funded the vessel tracking challenge. This initiative provides small- and medium-sized enterprises access to underwater acoustic sensors in Halifax Harbour to develop innovative tools for vessel detection and classification. These projects align with Canada’s goals for maritime surveillance and defence modernization, addressing evolving security challenges. COVE’s achievements in 2024 underscore the power of strategic investments by driving innovation in marine technology and enhancing global defence capabilities. With a focus on transformative change, COVE is well-positioned to support Canada’s growing marine sector while addressing global security and sustainability challenges. Learn more about COVE’s international collaboration and strategic investments here 🔗 https://lnkd.in/eya6DBqp

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