May 11, 2016 – Trevor Bradley


QRA Corp Celebrates Successful Partnerships worth over $6 Million with Lockheed Martin, Innovacorp and Dalhousie University

Exemplifying successful academic entrepreneurship and how Atlantic Canada is a hub for unlocking innovation.

Exemplifying successful academic entrepreneurship and how Atlantic Canada is a hub for unlocking innovation.


Download Press Release: Release PDF
Download Footage & Photos: Event Media


For Immediate Release:

Halifax, Nova Scotia — May 11, 2016 — QRA Corp, an emerging leader in systems and requirements engineering technology, is celebrating the commercialization of unique research that began as a theoretical quantum physics project at Dalhousie University. Representatives from QRA, Lockheed Martin, and Dalhousie University held an event at Dalhousie today to celebrate this significant milestone in the partnership.

The research project, supported by Lockheed Martin, quickly turned into a commercial breakthrough when physics professor, co-founder and current QRA Corp CEO Jordan Kyriakidis realized how his quantum physics algorithms could be applied to detecting errors and verifying complex engineered systems such as autonomous cars, smart homes and advanced aircraft.
At this morning’s event, QRA announced over $6 million from projects with Lockheed Martin Aeronautics, including a newly announced $2 million contract for Project QVscribe.

Project QVscribe is QRA Corp’s second major technology development alongside QVtrace, a systems verification tool already in use by engineering teams within the aerospace & defence industry. The tools being developed under Project QVscribe will assist engineers with authoring, editing, and verifying the consistency of natural language requirements, as well as translating these into formal specifications – allowing for integration and analysis with system design verification tools. Project QVscribe combines recent advances made in Natural Language Processing and machine learning with objective metrics developed by organizations such as NASA and IEEE to create tools for engineers handling requirements. The tools are being developed to work in conjunction with QVtrace, as well as alongside engineers’ existing tools and workflow.

“We are pleased to see that our Industrial and Regional Benefit into Dalhousie research has produced significant and tangible results,” said Charles Bouchard, Chief Executive Lockheed Martin Canada. “The commercialization of this research is an excellent example of how collaboration between academia, government and the private sector can transform ground-breaking research into technological advances in the aerospace industry and potentially other industries, creating the opportunity for lasting business growth in the Canadian economy.”

“QRA is an excellent example of how Dal researchers can turn innovative ideas into economic opportunity,” said Dalhousie President Richard Florizone. “It’s also proof of the power of industry and government partnerships to make an impact regionally, nationally, and internationally.”

“From a theoretical quantum physics project at Dalhousie University, to announcing major contracts with leading engineering innovators such as several of the world’s leading systems integration engineering firms – I’m incredibly proud of QRA and what we are celebrating at this event,” said Jordan Kyriakidis, QRA Corp Co-Founder and CEO. “The future is looking bright as we’ve doubled annually for the past 3 years with this year looking like no exception, and we are happy to see an outstanding reception of our new publically available requirements analysis tool, QVscribe.”

 

About QRA

QRA Corp, an emerging developer of systems and requirements engineering technology based in Halifax, NS, is accelerating the design process across industries tackling the most complex, mission and safety critical systems. By committing to solve the complexity issues in engineering that hinder innovation, QRA’s tools help engineers build tomorrow’s safe, secure, and incredibly powerful products. For more information, visit qracorp.com

 

About Dalhousie University

Dalhousie University is Atlantic Canada’s leading research-intensive university and a driver of the region’s intellectual, social and economic development. Located in the province of Nova Scotia, Dalhousie’s 18,000 students and 6,000 faculty and staff foster a vibrant, purpose-driven community. Across 13 faculties, Dal researchers and students conduct more than $135 million in funded research each year with hospitals, industry, governments, non-profit agencies and universities around the globe. Through learning and discovery, Dal is committed in its quest to make a lasting impact on our world.

 

About Lockheed Martin Canada

Lockheed Martin Canada is a highly diversified global enterprise principally engaged in the research, design, manufacture, and integration of advanced-technology products. By applying the innovative approaches of our highly skilled and experienced Canadian-based workforce, we have been Canada’s trusted defence partner for over 75 years. The company employs more than 850 employees at major facilities in Ottawa, Montreal, Dartmouth, Calgary, and Victoria, working on a wide range of major programs spanning the aerospace, defence and civil sectors.

For additional information, visit our newly launched website: www.lockheedmartin.com/ca

 

Press Contact:
Trevor Bradley
QRA Corp
trevor@qracorp.com
+1 (902) 422-0212

 


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