Newfoundland tech company gets another boost from Lockheed Martin
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Breadcrumb Trail Links HomeAtlantic CanadaBusinessLocal BusinessNewfoundland & LabradorNewfoundland And Labrador BusinessNewsCanada Newfoundland tech company gets another boost from Lockheed Martin The latest $5.6 million contract with Avalon Holographics Inc.
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HomeAtlantic CanadaBusinessLocal BusinessNewfoundland & LabradorNewfoundland And Labrador BusinessNewsCanada
Newfoundland tech company gets another boost from Lockheed Martin
The latest $5.6 million contract with Avalon Holographics Inc. brings Lockheed Martin Canada's investment in the innovative NL company to $11.7 million
Author of the article:
By Gary Kean • The Telegram
Published Sep 14, 2026
4 minute read
Avalon Holographics Inc., based in St. John's, NL, has big plans to deliver its digital display technology to multiple industries that could use complex visualization of 3D data. PHOTO BY AVALONHOLOGRAPHICS.COM
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A St. John’s-based deep tech company preparing to deliver innovative 3D technologies to the world is getting a big financial boost from defence tech giant Lockheed Martin Corporation.
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Avalon Holographics Inc., which specializes in holographic technology, has signed a $5.6 million contact with Lockheed Martin Canada to support the continued advancement and application of first-of-their-kind 3D displays.
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The two companies have been collaborating since 2020.
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Lockheed Martin Canada has contracts with the federal government’s River-class destroyer program and the Victoria-class Submarine Command and Control System contract.
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Under Canada’s Industrial and Technological Benefits policy, Lockheed Martin is obligated to undertake business activity in Canada equal to the value of the contracts it has won.
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To fulfill that commitment in relation to its destroyer and submarine contracts, the company started collaborating with Avalon Holographics.
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It initially made a Phase 1 investment of $6.1 million to help progress core holographic capabilities and accelerate the transition from early-stage development to commercial deployment.
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This also included the installation of an Avalon Holographics display at Lockheed Martin’s Centre for Innovation, also known as The Lighthouse, in Suffolk, Va.
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“We’ve had an incredible relationship with Lockheed Martin over the past six or seven years,” Heather Noseworthy, Avalon’s director of corporate development, said in an interview with Postmedia.
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“They’ve been very supportive of the…
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