Ministerial Statement – Minister Highlights Outstanding Work of Ocean Technology Sector

  • Industry, Energy and Technology

October 8, 2020

The following statement was given today in the House of Assembly by the Honourable Andrew Parsons, Minister of Industry, Energy and Technology:


Newfoundland and Labrador has the largest ocean economy in Canada and we are capitalizing on this to generate economic growth. We have outstanding education and research facilities and an impressive cluster of companies to support the growing ocean industry in Canada and around the world. Today, I want to give you a few examples of the leading, cutting edge companies that are proud to call Newfoundland and Labrador home. These companies are making their mark not just locally, but around the globe.

Genoa Design International has been in business for 25 years and provides production design and 3D modeling services to shipbuilding and offshore industries. Most recently, they entered into a teaming agreement with Seaspan Shipyards to create Canada’s future Polar Icebreaker. Very exciting news!

Kraken Robotics, headquartered in St. John’s, with offices in Halifax, Toronto, Boston and Germany is a world leader in advanced sensor technology and underwater robotics for unmanned maritime defence and commercial vehicles. Just recently, Kraken announced two contracts with the Danish and Polish NATO Navies.

SubC Imaging, headquartered in Clarenville with clients in over 30 countries, creates technologically advanced and intelligent video equipment for the offshore and subsea markets. Their products have been deployed in the offshore oil and gas sector, deep-sea mining activity, archaeological work and marine research.

These companies are just the tip of the iceberg and we are proud to support and be part of the collective efforts of all partners in our ocean economy.

Thank-you.

2020 10 08 2:15 pm