Atlantic Canada Opportunities Agency has approved a $745,000 loan to Dartmouth-based Site 20/20 to help the traffic-control technology company expand its operations and increase production capacity.

The funding, announced Monday, will support the company as it accelerates product development, reduces costs, improves service delivery and expands into new markets.

Site 20/20 plans to retrofit a larger facility with advanced manufacturing and assembly areas, research and development prototyping labs, and upgraded information technology infrastructure. The expansion is expected to create 50 to 60 jobs while increasing the company's capacity to meet growing demand, said the ACOA statement.

“This support will help us expand our manufacturing capacity, accelerate innovation, and create new skilled employment opportunities here in Nova Scotia,” CEO Mitch Hollohan said in the statement. “Most importantly, it strengthens our ability to deliver safer, smarter, and more efficient traffic control solutions to communities across Canada and beyond.”

Founded in Dartmouth, Site 20/20 develops technology designed to improve safety in road construction zones. Its flagship product, the Guardian SmartFlagger, is intended to replace human traffic flaggers with an automated system that combines portable traffic signals with a physical barrier that can be lowered to stop vehicles.

The company has recorded rapid growth in recent years. It has appeared on Deloitte's Technology Fast 50 ranking of Canada's fastest-growing technology companies for three consecutive years. In the 2025 rankings, it placed sixth after reporting revenue growth of 6,721 percent over the previous four years.

Site 20/20 secured a significant investment in August 2024 from New York-based investment firms New Mountain Capital and Energy Impact Partners. The companies did not disclose the value of the investment. At the time, New Mountain Capital said Site 20/20 had generated more than $250 million in revenue since its founding.

The ACOA financing is intended to strengthen the company's manufacturing capabilities as it continues to expand its presence in Canada and international markets.