Archived — Strategic Aerospace and Defence Initiative (SADI) Repayment Status Report

May 1, 2013

The Strategic Aerospace and Defence Initiative (SADI) provides repayable contributions for innovative research and development (R&D) projects in the Canadian aerospace, defence, space and security industries. The Industrial Technologies Office (ITO) publishes a semi-annual status report on repayments to enhance transparency.

SADI projects are long-term, commencing with an R&D phase (typically five years), followed by a repayment phase (typically 15 years). Repayments are conditional or unconditional according to the terms of the company's contribution agreement.

SADI Program Highlights:

  • Total number of active projects: 26
  • Projects in the R&D phase (repayments are not yet due): 23
  • Projects in the repayment phase: 3
  • Total authorized assistance for all projects: $890 million
  • Total disbursements to date: $517.8 million
  • Total cumulative repayments collected to date: $6.4 million

Please refer to the Explanatory Notes at the end of the following table for more information.

SADI Repayment Status Report
Contribution
Date
Company Authorized
Assistance ($)
Net Expenditures ($) Repayments ($)

A: indicates that repayments are not yet due on the company's project(s).

26-Jul-2010 2154331 CANADA INC 18,570,000 5,518,889 0
25-Oct-2010 ASCO Aerospace Canada Ltd. 7,688,288 A
05-Aug-2009 Axys Technologies Inc. 1,836,900 A
08-Oct-2009 BelAir Networks Inc. 9,690,706 3,713,325 6,126,986
30-Mar-2009 CAE Inc. 250,000,000 A
13-Jan-2009 CMC Electronics Inc. 52,287,784 A
10-Jan-2008 Diamond D-Jet Corporation(DDJ) 19,600,000 A
25-Aug-2010 D-Ta Systems Inc. 1,790,140 A
03-Mar-2009 EMS Technologies Canada, Ltd. 8,718,634 A
06-Dec-2012 Engineering Services Inc. 778,800 A
22-Feb-2011 FLYHT Aerospace Solutions Ltd. 1,967,507 A
28-Sep-2012 GasTOPS Ltd. 1,275,700 A
02-Sep-2008 Héroux Devtek Inc. 26,964,430 A
21-Feb-2013 Héroux Devtek Inc. 48,957,693 A
27-Aug-2008 Integran Technologies Inc. 4,596,000 4,596,000 A
24-Mar-2010 Integran Technologies Inc. 276,284 276,284 A
24-Mar-2010 Integran Technologies Inc. 807,399 A
15-Mar-2012 Integran Technologies Inc. 399,386 A
23-Feb-2010 Kongsberg Mesotech Ltd. 4,968,000 A
01-Sep-2008 Magellan Aerospace Limited 43,391,600 A
30-Oct-2012 NGRAIN (Canada) Corporation 9,500,000 A
05-Sep-2008 Norsat International Inc. 5,975,200 A
28-Mar-2013 Norsat International Inc. 13,270,265 A
12-Aug-2009 PCI Geomatics Enterprises Incorporated 7,665,000 A
10-Dec-2010 Pratt & Whitney Canada Corp. 300,000,000 A
27-Mar-2009 SkyWave Mobile Communications Inc. 3,127,200 3,127,200 281,448
31-Mar-2009 Sputtek Inc. 360,285 26,645 35,971
23-Dec-2010 Thales Canada Inc. 12,988,800 A
22-Mar-2011 Ultra Electronics TCS Inc. 32,447,400 A

Explanatory notes:

  • Contribution Date: is the date that a company signed its contribution agreement.
  • Company: is the name of the legal entity which currently has a SADI contribution agreement.
  • Authorized Assistance: represents the maximum amount contracted at the time of the initial contribution agreement. As the R&D progresses and a project reaches its conclusion the final disbursed amount could be lower.
  • Net Expenditures: represents the total amounts disbursed toward projects that have completed their R&D phase, net of any recoveries. Amounts are not provided until completion of the R&D phase to protect commercial confidentiality.
  • Repayments: The SADI program provides repayable contributions as opposed to grants or loans. Repayments are based on the recipient's gross business revenue or are unconditional, and usually begin one year after the completion of the SADI project's R&D phase. Repayment periods are normally 15 years after the completion of the project.
Date modified: