Ottawa’s Leonovus will pilot its storage solution with a Government of Canada department this summer, hoping that this first inroad will lead to further trials and future sales with the feds.
The firm, which develops a “blockchain-hardened” data storage solution aimed at banks and other large institutions, announced Monday that it will pilot its tech with a large, unnamed federal department.
Leonovus announced back in February that it had cleared approvals for the Build in Canada Innovation Program, which opens the door for $500,000 in purchase grants and a $1.5-million supply arrangement for interested departments. The firm hopes to secure such a supply agreement by this fall, it noted in a release.
“The Government of Canada is about to become a large Leonovus reference customer, which is hugely important for our marketing communications to other large enterprises,” Leonovus CEO Michael Gaffney said in February.
Leonovus, which has built some recent momentum after going multiple consecutive quarters without a sale, hopes this initial trial will be the first of many, adding that it’s been in discussions with nine other federal departments interested in using its solution. The firm claims its software can provide the feds with a secure, cost-reduced storage solution in situations where data demands are high.