A $4 million investment from the Government of Canada will help Aluma Power Corporation in their goal to bring aluminum-fueled generator systems to market.
CEO Rob Alexander mentioned that their technology uses recycled aluminum disks to generate clean power, aiming to replace diesel generators.
During a press conference on Friday, Sarnia-Lambton-Bkejwanong MP Marilyn Gladu shared the news of the funding through the Federal Economic Development Agency for Southern Ontario’s (Fed Dev Ontario) Regional Defence Investment Initiative to back Aluma Power’s $8 million project.
Sarnia-Lambton-Bkejwanong MP Marilyn Gladu at Aluma Power Corporation. October 9, 2026. (Photo by Natalia Vega). October 9, 2026. (Photo by Natalia Vega)
Alexander pointed out that they are targeting two main markets: telecommunications, providing backup power for cellphone towers, and military applications. He didn’t go into too much detail but mentioned their technology would support life-saving equipment for frontline troops-something they’ve been developing for four years.
“The reason why that’s so important is, unlike a diesel generator, diesel generators really [burn hot] and that’s really easy for the enemy to see it and so as a result, they don’t have power at the frontline,” Alexander said.
He emphasized how crucial this funding is because they’re “in a race” with competitors to launch their technology.
“Our competition is outside of Canada, so it’s kind of a global race to get this type of technology and build support from the customer base, so they want to use our technology versus others,” he said.
Aluma Power has been operational since 2017 and currently has 55 employees. Alexander expressed hopes that over the next three years they can grow the company at least threefold or even fourfold.
On behalf of Minister of Artificial Intelligence and Digital Innovation and Minister responsible for Fed Dev Ontario Evan Solomon, Gladu also announced an investment of nearly $900,000 through the Regional Tariff Response Initiative aimed at supporting Promart Industrial Products Ltd.
“For me, this is what the public investment should do.. help people take the next step, turn a promising technology into a product, turn a plan for a shop floor into a new capacity, and give Canadian businesses a stronger chance to succeed,” Gladu said.
Funding announcement at Aluma Power Corporation. October 9, 2026. (Photo by Natalia Vega).
Gladu noted that Promart’s funding will assist in nearly $2 million project aimed at modernizing operations and enhancing manufacturing capabilities to counter tariff impacts.
Promart Vice President of Operations Marc Parizeau explained that this investment aligns with where they envision themselves over the next five to twenty years.
“Over the last few years-last year specifically-we’ve been very deliberate about where we want this company to go. We want to compete for more Canadian nuclear work, more energy projects, more data centre construction, and major infrastructure,” Parizeau said. “We want to do that at home.”
Promart has been part of Sarnia since 1985.
Source link
