Canada’s multibillion-dollar Canadian Patrol Submarine Project (CPSP) aims to acquire up to 12 new conventionally powered submarines to replace the aging Victoria-class fleet. The procurement process has been narrowed to Hanwha Ocean and TKMS.  TKMS has partnered with PMB with regard to the submarine batteries, which are critical to a conventional submarine’s endurance, safety and operational performance.

PMB proposes to establish a submarine battery facility in Canada.  The facility would provide manufacturing, in-service support, engineering and R&D capabilities, creating a sovereign industrial capability similar to that already in place in Australia.

If TKMS/PMB is selected, it will mark another milestone in PMB’s rapid international expansion, strengthening its presence across allied nations.  It will also underscore Australia’s growing influence in advanced defence technology and highlight the nation’s capability to deliver cutting-edge solutions on a global scale.

“As an Australian company delivering critical defence capabilities worldwide, we would be proud to expand into Canada and contribute to allied naval strength,” said PMB CEO Stephen Faulkner.

“This facility will create highly skilled jobs, grow advanced manufacturing and strengthen global submarine supply chains.  Our work in AUKUS and partnerships with allies demonstrates the value of Australian innovation on the world stage.”

About PMB Defence (PMB).  PMB is an Australian-owned, Adelaide-based leader in submarine battery technology, established since 1988. The company supplies submarine batteries to the Royal Australian Navy and other Navies around the world, including to Canada’s Victoria-class submarines.  PMB continues to build on its expertise in advanced energy storage systems and expand its global footprint.