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Virtual Marine Technology

Virtual Marine Technology

Head Office Location in Canada: 

Paradise, NL

Defence related locations/operations within Canada:

Paradise, NL

Senior officer for Canadian operations:

Dr. Randy Billard, President & CEO

Annual Sales: 

$5.0M

Ticker Symbol:

N/A

Number of Employees:

30

Percentage of business - defence related:

15%

Percentage of business within Canada:

30%

Current DND Projects:

• Small craft simulation training systems and services for fast rescue boat/craft and lifeboat applications for the RCN (ongoing, RCN, Halifax) • Full mission ice management simulator upgrade for the CCG (ongoing, Sydney, NS) • Active supply chain activity with major defence suppliers in Canada, such as Irving, Thales, Raytheon Anschutz, et al.

Level of investment in R&D:

• Robust ongoing R&D program focusing on maritime simulation human factors research, machine learning and AI in collaboration with industry and academia • New Collaboration Research Agreement signed with Government of Canada, including indirect support to CCG and DRDC • Ongoing research programs with Memorial University and NRC focusing on AI, Ice management and Decision Support Systems

Primary Activities, products, services:

World-leading supplier of lifeboat coxswain and fast rescue boat training solutions, icebreaking and ice management training systems, SAR simulation training, human factors and machine learning applications and embedded IBNS stimulation systems for defence and coast guard applications.
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