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Transport committee A lot of elements.... There's been a lot interaction in trying to assess the market conditions for this. The funding has gone into the hiring of engineers to finalize the design elements.
May 10th, 2012Committee meeting
Garry Venman
Transport committee We've probably invested close to $5 million thus far.
May 10th, 2012Committee meeting
Garry Venman
Transport committee That's been approaching two years now.
May 10th, 2012Committee meeting
Garry Venman
Transport committee Yes.
May 10th, 2012Committee meeting
Garry Venman
Transport committee There will be significant opportunities for private sector investment. We're going to have to continually invest in the development and creation of an air-operating company. Hybrid Air Vehicles as the designer is going to continue to invest. They've just gone through a round of r
May 10th, 2012Committee meeting
Garry Venman
Transport committee I'll respond to that. I think that's a healthy skepticism, which is why we're not advocating a wholesale investment in infrastructure for a network of airships prior to providing additional proof. We want to see that, because although the technology holds much promise, and I'm s
May 10th, 2012Committee meeting
Garry Venman
Transport committee We do think that the program of the U.S. Army is going a long way to proving the technology and certain components of it, but we still want to see the proof and a demonstrator.
May 10th, 2012Committee meeting
Garry Venman
Transport committee We could provide that—not today, obviously.
May 10th, 2012Committee meeting
Garry Venman
Transport committee I think we could easily provide that analysis, including our market analysis, if that is what the committee wishes to see. We can provide that.
May 10th, 2012Committee meeting
Garry Venman
Transport committee It would be a step in the right direction. We are still faced with the challenge of funding this demonstrator.
May 10th, 2012Committee meeting
Garry Venman
Transport committee That would definitely be helpful. I agree with your point about the government generating a war effort. The comment was meant to be illustrative of the outcomes. I would say that if there were a list of government services that could be met via a commercial application of airship
May 10th, 2012Committee meeting
Garry Venman
Transport committee There are some facilities in the States. We could do the assembly, at least the layout and the final assembly of the demonstrator.
May 10th, 2012Committee meeting
Garry Venman
Transport committee No, we haven't negotiated access to those facilities. Ultimately, that would be Hybrid Air Vehicles' problem to solve.
May 10th, 2012Committee meeting
Garry Venman
Transport committee Also, there are two very large facilities in Cardington. I know that Hybrid Air Vehicles is talking to the U.K. government about getting access to one of those, which would be more than big enough to do this.
May 10th, 2012Committee meeting
Garry Venman
Transport committee It's very limited and very dated, but for the purposes of building a demonstrator, you could use that.
May 10th, 2012Committee meeting
Garry Venman