Australian HeliMods Secures Government Grant
Source: Rotorcraft Asia-Pacific e-News - November.
HeliMods has received AUD$150,000 under the new Defence Global Competitiveness Grants program.
“HeliMods has used its funding to purchase plant and equipment to manufacture large, machined components used in the modification and upgrade of military and paramilitary helicopters," Minister for Defence Industry Melissa Price said recently. “The grant will assist HeliMods in boosting its capacity to make components with shorter lead times, increasing export opportunities into North America and Europe. “In 2019, while leading a major defence trade expo with Australian companies, I announced HeliMods had received funding support to help them on the global stage.
The Australian Defence Export Office was set up to provide practical assistance to small businesses and help them become export ready. “I believe that the Sunshine Coast (Qld) has the skills and the drive for innovation to play a part in developing critical new sovereign defence capability in Australia,” Member for Fisher, Andrew Wallace, said. “HeliMods’ ability to deliver world-leading capabilities is known throughout Australia, and sought globally, as proven by growing export opportunities into North America, Europe and Asia."
HeliMods was founded in 2002 by Australian entrepreneur, Will Shrapnel – a qualified engineer, pilot, aircraft technician and businessman. What started as a one-man operation has grown to now become a leading enterprise, with world-renowned, vertically integrated capability in advanced digital design, engineering, manufacturing, certification, integration, and support of aircraft mission systems. HeliMods remains founder-owned and led, supported by a growing team of over 40 internationally experienced engineers, designers, technicians, and technologists working in a high-performance culture that encourages agility and innovation.
Congratulations! Good news during the pandemic setbacks for the aviation industry