The Atlantic Canada Opportunities Agency has lent $93,888 to Halifax-based OceanSync Data Solutions to help the company develop weather data solutions for the shipping industry.
The federal economic development agency issued a press release Friday saying it would lend the company the money through its Regional Economic Growth through Innovation program.
OceanSync will use the funds to test and commercialize its automated weather station units. These units are deployed on seafaring ships, where they collect and relay environmental data in real time. This improves shipping route optimization,