SYNIAD’S CLIENT AMM SECURES IMPORTANT FUNDING FROM CANADA’S 2017 CFI COMPETITION

• Two significant wins for the AMM team.
• $15m multi-institutional grant in additive manufacturing
• $12m Clean Connected and Safe Transportation Testbed.

VANCOUVER, BC, June 21, 2017 – Syniad Innovations Inc (“Syniad”) is pleased to announce that the Advanced Materials and Manufacturing research cluster at UBC (“AMM”) has achieved tremendous success in the 2017 Canadian Foundation for Innovation (“CFI”) competition.  The $15m Can-AM grant in additive manufacturing research is a major multi-institutional award, including the Universities of Waterloo, Dalhousie, and McGill.  The $12m Clean Connected and Safe Transportation Testbed is designed to provide novel research infrastructure to support advances in the hydrogen economy.

Overall, the engineering disciplines at UBC recorded their best performance in a CFI competition, netting more than $30m in new funding, driven by multiple factors, not least the engagement of Syniad’s John Davies, who helped lay the foundations of thematic research strategy within the faculty last year.

Today, John Davies, Syniad’s CEO, said, “These successes are always the result of a group effort. It is wonderful to see how strategic clarity and partnership between different research and operations units at the university has delivered an outstanding result today.  The faculty is to be congratulated for its success so richly deserves.”