Goldak Technologies Inc. provides thermal stress analyst software that simulates welding and is used in building nuclear reactors, ships, submarines and offshore structures.
With the help of Carleton graduate Sylvain Pitre, the company hopes to increase its market share by building a new version of its software, with at least a 10-fold increase in its computing speed that allows for real-time control of industrial welding processes.
The federal government is contributing $70,000 to the research fellowship. The program, dubbed Elevate, is also funding a total of $180,000 for three University of Ottawa grads and a total of $9.95 million across the province.
“In order to build a strong, knowledge-based economy, we need to provide opportunities for highly-skilled young researchers to apply their research to key business and connect with potential future employers and collaborate right here in Ontario,” said Arvind Gupta, scientific director of MITACS, a national research network managing the Elevate program.
“Losing even one of these young innovators to the U.S. or a country abroad represents a loss for Ontario,” he added in a statement.
According to MITACS, Ontario and Canada have slipped relative to other industrialized countries in recent years in the number of workers with PhD degrees.
Goldak Technologies has five local employees, according to Ottawa Technology magazine.
