BAE Systems has signed an agreement with Vancouver-based renewable energy firm Instream Energy Systems to help develop and install new hydrokinetic power generation systems, which convert the kinetic energy in moving water into electricity.
The agreement provides Insream with ongoing access to BAE’s Advanced Technology Centre to bolster its effort to commercially develop the technology.
The research and development center specializes in micro and nano technology, biofutures and robotics and will provide Instream with access to the latest materials and manufacturing techniques, according to the BAE announcement.
“We have been working closely with Instream for almost three years,” said John Rossall, director of offset programs at BAE Systems. “Instream expects to remove much of the business risk associated with the next generation of hydrokinetics because of its relationship with BAE Systems, BC Hydro and Powertech.”
“Our ATC R&D experts are very excited to be involved with this cutting edge Canadian environmental technology. Innovation is core to what BAE Systems does and Canada is a great place to be working with knowledge-based companies.”