Halifax Firm Gets Millions In Federal Funding To Develop Software Tool
July 27th, 2016
The money for QRA Corp. is conditionally repayable and comes from a pool of $7.1 million for four projects under the federal government’s Atlantic Innovation Fund.
The QVtrace is a software tool that will help engineers with verifications required for early-stage designs and can be used in fields such as defence and aeronautics.
The software will allow engineers to test all aspects of their designs to find any limitations before the product is made.
QRA Corp. plans to collaborate with Lockheed Martin Aeronautics on the project.
The company plans to create 13 new research and development positions through the project.