H55 Canada Inc.

$10,000,000.00 CAD

≈ $0.24 for every person in Canada ≈ 128 Canadians' average pay for a year

Department: Canada Economic Development for Quebec Regions
Program: The Regional Economic Growth Through Innovation Program (REGI)
Recipient country: Canada
Fiscal year: 2022-2023
Agreement period: November 23, 2022 – March 31, 2025
Reference: ced-dec:093-2023-2024-Q4-00201

Published purpose

Establishment of an aeronautical company: The project aims to start up a company specialized in the design and manufacture of electric aircraft propulsion systems.

In plain English AI-generated

This federal contribution supports H55 Canada Inc. to establish an aeronautical company in Quebec focused on designing and manufacturing electric aircraft propulsion systems.

Category: Other Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions