The SR and ED program and R and D rebate programs as a whole are good, but a lot of companies at this stage just need direct funding in the form of projects to build rapidly instead of trying to spend money up front and then going through the process to reclaim it. The most efficient way for any of these companies to go from the scale of a start-up to the point where they can be export-ready SMEs is to have multiple programs that can propose projects that build capabilities across all defence domains.
If we say there is going to be a five-year program, even at $15 million, that creates predictability. That allows companies like ours to hire talent, train them and build infrastructure, which is actually much more important. However, we doubt that. There is a lot of uncertainty. Private sector investors are not that excited about it either.