Mr. Speaker, I would like to congratulate Measurand Inc., a company from my riding of Fredericton-York-Sunbury that has been awarded a contract for a research and development project in strategic areas which will contribute to the advancement of new and enhanced space technology in Canada. The contract is part of the Space Technology Atlantic Initiative, a program jointly funded by the Canadian Space Agency and New Brunswick Canada Co-Operation Agreement on Economic Development.
Once again Fredericton is leading the way in the new economy. Measurand will be developing a high tech sensor actuator system that has numerous and varied space and terrestrial applications including tele-operations, robotics, smart structures, container level measurement and many others.
I wish Measurand the best of luck. With success stories in the high tech industry like Measurand, Fredericton, New Brunswick is fast becoming the silicon valley of the east.