Qalipu Development Corporation (QDC) was established by the Qalipu First Nation (QFN), as an independent, arms length corporate business entity. The QDC functions as a holding company for all business operations and investments for QFN. The primary mandate is to manage the Band's portfolio of existing business operations and seek new investments and joint-venture opportunities to ensure the Band's long-term economic growth and overall sustainability.

Consisting of 22,500 members across 67 communities in the province, Qalipu is the largest First Nation in Canada. The QDC is interested in aerospace and defence related commercial collaborations.