One year ago, Xeos purchased a larger building in Dartmouth to house the growing business. By the time they made the move, they’d grown faster than expected and were soon at full capacity. The space constraint was limiting their growth and making it difficult to keep up with the demand for their products.
With support from the Government of Canada, through ACOA, Xeos is now expanding its Dartmouth facility to accommodate their ongoing growth. The expansion project will create additional production and lab space as well as office space for an application engineer and business development hires.
The Government of Canada is providing a $153,000 repayable contribution to the project, through ACOA’s Business Development Program (BDP).
Quick Facts:
? Xeos employs a dedicated staff of 15 engineers, technologists, technicians, production and support staff.
? Xeos has developed a sales network of 22 distribution partners in 34 countries.
? The company designs and manufactures telemetry equipment for some of the most remote regions on the planet.
? Standard oceanographic products are rated to the deepest part of the ocean—11,000 metres below sea level.
? The company has developed the smallest Iridium GPS tracker on the market.
? For the last 10 years, Xeos has been active in Polar data telemetry applications and was first to offer standard products to stream real time science data from Antarctica platforms.
? In December 2014, Xeos announced its first shipment of products to China.
Derek Inglis, President & CEO, Xeos Technologies, said, “Xeos is very pleased to receive support from the Federal Government for the expansion of our facility. As the result of hard work from dedicated Xeos staff along with the efforts of its worldwide distribution network, Xeos has experienced rapid growth in the last few years. It is this sales growth that necessitated an expansion in space and staff. This expansion will allow us to improve our production facility and additional lab space for designing and manufacturing our world class ocean tech products. It is Xeos’s spirit of innovation in continuing to develop new products to solve remote telemetry problems that will propel our growth into the future.”
For more information, visit www.xeostech.com.