Onboard Dynamics is the recipient of an $800K grant from Business Oregon to help in the research, development, engineering, building, testing, and successful launch of the GoVAC® MAX system. The grant from the Emerging Opportunity Fund is awarded to businesses based in Oregon that help bring significant local economic gain. The Onboard Dynamics team is honored to have been given this opportunity as it will accelerate growth as a company and in the development of the GoVAC® MAX pipeline evacuation system.
Business Oregon Director Sophorn Cheang, Oregon Innovation Council Chair Jenn Lynch, and Business Oregon staff visited the Onboard Dynamics headquarters in Bend, OR to congratulate them on this prestigious award. The team was pleased to host Business Oregon during their visit. Rita Hansen, CEO of Onboard Dynamics, and Michael Colliander, one of the Field Service Technicians walked The Business Oregon team through company mission, future vision, and the inner workings of the GoVAC® FLEX and GoVAC® MAX systems.
A prototype of the GoVAC® MAX platform was displayed for the Business Oregon team to observe. This new product is equally as flexible as the GoVAC® FLEX platform, but it has higher flow rates for fast evacuation of large projects and can complete them in shorter timeframes. The GoVAC® MAX system is a big step in the right direction for Onboard Dynamics and preventing methane emissions during pipeline blowdowns.
The total project for developing and commercializing the latest product, the GoVAC® MAX system, (innovation, R&D etc.) was 3.1 million dollars. Business Oregon is contributing $800K from the Emerging Opportunity Fund.
The GoVAC® MAX system is currently still in development and is going to be ready for projects in fall of 2023 to a select group of customers
About Business Oregon
Business Oregon is a government agency in Salem, OR. The agency is responsible for fostering economic growth and promoting business development. Their mission is to create and sustain an environment that encourages entrepreneurship, innovation, and job creation. Business Oregon offers a range of programs and services to support businesses of all sizes. It provides financial assistance, grants, and loans to facilitate expansion and investment in various industries across Oregon. The agency also offers expertise in workforce training, infrastructure development, and community development. By collaborating with private enterprises and local communities, Business Oregon plays a vital role in enhancing Oregon’s economy and ensuring a vibrant business ecosystem for the state’s residents.