Veer Group, the Lunenburg, NS, startup that plans to build hydrogen- and wind-powered container ships, has signed a €50 million, or about C$73.2 million letter of intent with a European backer to finance its first two vessels.

Founded by shipping

Graphite Innovation & Technologies, which does business as GIT Coatings, has been hired by Halifax Transit to apply its graphene-based coatings to the hull and propeller of the Rita Joe ferry that plies Halifax Harbour.

Coatings have been applied

Invest Nova Scotia, the provincial economic development agency, is looking for bluetech companies to participate in the Canadian delegation to the globally noted Oceanology International conference in London, U.K., in March.

Companies can apply to

Ocean technology has emerged in recent years as a particular strength of the Atlantic Canadian startup community, with ecosystem intelligence provider Startup Genome ranking the region as the eighth strongest worldwide. St. John's-based Kraken

Kraken Robotics posted record revenue in its third quarter, driven by demand from militaries and offshore energy projects, including for subsea batteries and mine-hunting sonar systems.

In its financial results for the three months ended Sept. 30,

Transport Canada is looking to spend $22.5 million to fund research and development work on low-emission marine propulsion systems over the next five years.

The Clean Vessel Demonstration Stream of the federal agency’s Green Shipping Corridor

Startup Genome, the Silicon Valley group that ranks innovation ecosystems, has released its combined report on cleantech and bluetech ecosystems, building on last year’s bluetech list, with Atlantic Canada improving its showing from 10th to eighth

Halifax-based Marine Thinking, which sells tracking and navigation software and hardware for marine environments, is launching commercial trials of its tagging system for preventing lost fishing equipment, known in the industry as ghost gear.

The

A group of bluetech industry support organizations will host an innovation competition called the Ocean of Data Challenge on Nov. 20.

The challenge will be held virtually and is spearheaded by the Canadian Integrated Ocean Observing System, or

Canada’s Ocean Supercluster, the national group that co-funds research and development projects with the private sector, is looking for climatetech-related proposals.

The Supercluster, which splits the cost of projects with companies and

Glas Ocean Electric’s US$2 million, or C$2.75 million, seed round will offer the Halifax startup a new level of flexibility compared to the project-based funding it has tapped in the past, according to CEO Sue Molloy.

Founded by Molloy in 2016,

The Newfoundland and Labrador government is looking for applicants to its newly announced CCUS Innovation Challenge, which stands for carbon capture, utilization and storage.

Specifically, Newfoundland is offering up to $3 million for research and