Local company receives funding for underwater technology
SubC Imaging, a marine technology company based in Clarenville, is getting $467,500 in funding from the provincial government to help develop a new underwater inspection system.
The multi-channel inspection system will include up to six cameras for an ROV to provide full situational awareness. New software will be developed to merge the various sources of data into one system. The solution will combine cameras, lights, lasers, software and cloud-based infrastructure for end-to-end inspections and surveys.
A news release issued from government today indicated the offshore energy sector requires regular inspections of subsea equipment, often requiring specialized personnel from multiple disciplines and a collection of various inspections. This new technology will enable SubC to provide an important service in the energy sector to closely monitor and inspect underwater assets in a more cost-effective and efficient manner than is currently being used.
SubC started as a home-based business in 2010 and now has more than 20 employees. The provincial government’s contribution is coming from the Innovation and Business Development Fund and matches SubC’s investment for a total project cost of $935,000. The Innovation and Business Development Fund provides investments to help grow Newfoundland and Labrador’s oil and gas supply and service capabilities, including opportunities to diversify capacities in other energy sectors.
“Investing in the development of new inspection and survey systems will enable us to enter the market faster and achieve a greater impact than we could otherwise,” SubC Imaging CEO Chad Collett said.
“We have worked with experts for the past year to develop product market and technology strategies, and we are ready to hit the seafloor running. With ocean tech poised for significant growth and a promising future, this investment makes a lot of sense. There is no more ideal location for advancing ocean technology than Newfoundland and Labrador.”
Late-night fire displaces seven people, causes extensive damage
A residential fire in the centre of St. John’s caused has extensive damage to a house and displaced seven people.
A few minutes before 11:00 p.m. firefighters were called to a home on Pennywell Road. When crews arrived on the scene heavy smoke was pouring from the dwelling. Firefighters quickly entered the residence and found fire in a bedroom. Crews were able to quickly knock down most of the fire, however several hot spots remained. Several holes were cut into the roof of the single-storey structure to ensure no fire remained in the attic space. The fire caused extensive damage to the home, with smoke, heat, and water damage throughout.
Seven people in total have been displaced by the fire. There were no injuries reported. Fire crews remained on scene for over an hour. The cause of the fire is under investigation.
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