Development of Tomorrow’s Transport Technologies – Nearly $10M to Support a Mobilizing Project for Sustainable and Smart Mobility
MONTREAL, May 18, 2023 /CNW/ – The Government of Quebec, through Investissement Québec, is allocating $9,885,000 to the non-profit organization Tangente IA, which brings together three partner companies: BusPas, KPI Digital, and Les matrices Carritec. This funding supports the Tangente IA 2.0 project, with total investments amounting to $19.77 million.
The announcement was made today by Pierre Fitzgibbon, Minister of Economy, Innovation, and Energy, who is also responsible for Regional Economic Development and the Montreal region.
Selected through a call for collaborative and mobilizing projects focused on developing tomorrow’s transport technologies, this initiative aims to create a hardware and software solution for connected bus stops, data analysis, and the dissemination of key information for various mobility stakeholders and smart cities.
The project will also introduce new functionalities and develop a display for the interiors of bus shelters, showcasing it in real-world situations in Quebec, Canada, and the United States.
Quotes:
“To ensure its decarbonization, Quebec is deeply committed to the transition to sustainable and smart mobility. With dynamic partners like BusPas, KPI Digital, and Les matrices Carritec, we can advance this necessary process while creating economic benefits,” said Pierre Fitzgibbon.
“In terms of sustainable and smart mobility, Quebec is home to numerous innovative companies contributing to its economic development. Our support for the second phase of the Tangente IA project will encourage the implementation of even more creative solutions within Quebec’s transport sector,” stated Geneviève Guilbault, Deputy Premier and Minister of Transport and Sustainable Mobility.
“On behalf of Tangente IA and BusPas, I would like to thank the Government of Quebec for its renewed trust and support. We believe that the systems developed will provide better solutions for Quebec and Canadian transport companies, as well as those worldwide, fostering sustainable and smart mobility,” said Youval Abenhaim, Chair of Tangente IA’s Board and Founder and Chief Strategy Officer of BusPas.
Highlights:
- BusPas develops hardware and software for smart bus stops that enhance ridership, reduce costs, improve passenger experience and safety, optimize operations, and communicate effectively with users.
- KPI Digital is a provider of analytics, artificial intelligence, and digital transformation solutions.
- Les matrices Carritec specializes in customized architectural solutions.
- The Government of Quebec previously supported the first phase of the Tangente IA project with nearly $3.8 million, totaling around $11.6 million.
- Managed by Investissement Québec, the call for collaborative and mobilizing projects took place from July to September 2022.
- A total of $115.03 million has been allocated across four areas of the call, including support for innovative product development in the electric vehicle industry, battery sector development, aerospace technologies, and collaborative projects in aerospace business segments.
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