TMCnet News
Lumiant Corporation Awarded 'Build in Canada Innovation Program' ContractThe Government of Canada Build in Canada Innovation Program (BCIP) has awarded Lumiant Corporation an $884,000 CAD contract to provide TitanMade ballistic armour tiles for testing by Defense Research and Development Canada (DRDC). Meeting the growing demand for lightweight materials in challenging application environments, TitanMade is a patent pending Titanium Aluminide composite material exhibiting favourable mechanical properties per unit mass vs. other technical ceramics. In ballistic armour applications, TitanMade properties enable armour to be thin, light, and durable helping to improve the mobility and survivability of military vehicles. "I am confident that TitanMade will provide great benefit to our Canadian Forces," stated Mr. Kevin Harper, Director of Business Development, and added, "I appreciate the support from the Government of Canada to accelerate TitanMade commercialization with the BCIP contract award." The Build in Canada Innovation Program (BCIP) helps Canadian companies of all sizes move their state-of-the-art goods and services from the laboratory to the marketplace. The program helps innovators land a first major reference sale, sell their innovation, but keep the intellectual property, get their innovation tested in a real-life setting, and gain feedback to help get products to market faster. The program pays up to $500,000 for non-military innovations and up to $1,000,000 for military innovations. About Lumiant Lumiant Corporation, based in Kelowna, British Columbia, Canada, is a market-driven materials science company focused on discovering, developing, and producing breakthrough materials for next generation industrial products. For more information, visit the Lumiant website: http://www.Lumiant.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180815005195/en/ |
