I can remember when I moved here 12 years ago, people said to me, “You've worked all over the world. Why would you go to Newfoundland?” My answer was that was where the opportunities were. There are some great things happening here.
If you talk about wireless technology, for instance, wireless power, a lot of our stuff goes under the water. Traditionally, even for things like the ocean gliders, their weak points were where things connected, because of corrosion. You don't have that when it's all housed. You reduce that risk quite a bit.
Even from a standpoint of just looking at what's on your desk today, look at how many wires connect everything. Coming up with a way to wirelessly power things and recharge things is the future. Goodness gracious, any of us can look behind our desks today and see what's there in terms of wiring. It's unreal.
We have a world leader company here, Solace Power, that has the attention of people like Boeing. They are doing things with the U.S. military. Think about the average soldier out there. As I understand it, they carry about 25 pounds of battery packs on them. Being able to jump into a vehicle where all they are wearing is wirelessly powered, when it goes to the next location, whether that be a truck, a car, or a ship, and getting off there and being automatically re-powered up, is pretty incredible stuff. We're doing that here.
One of the things people are surprised by when they come here, and they are blown away by, is the fact that we are a world leader in ocean technology here. We're very successful at it. We're doing some world-class things in fraud, money laundering, terrorism, and movement of capital. These things exist here, and the sector as a whole has done incredibly well.
I talk about doubling it again in 10 years' time. I sat in a room last night with 130 young people who wanted to do technologies that go into the health care system, and the stuff that they're already working on themselves is mind-blowing. I'm always amazed about Newfoundland and Labrador, how innovative our society is, how entrepreneurial it is, and the fact that in such a small population we have so much talent here on the ground. It's one of the things that brought me here, and it's certainly one of the things that keeps me here.