Grants and Contributions:
Title:
Project Nemo.
Agreement Number:
819803
Agreement Value:
$11,322,000.00
Agreement Date:
Aug 20, 2024 - Dec 31, 2033
Description:
This project is to demonstrate new thermodynamic cycle significantly reducing specific fuel consumption when compared to traditional thermal engine.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will support Pratt & Whitney Canada in its early development of the next-generation thermal engine to deliver better Specific Fuel Consumption (SFC) than its PT6 small engine family, and better than its Auxiliary Power Unit (APU).
Location:
Longueuil, Quebec, CA J4G1A1
Reference Number:
033-2024-2025-Q2-819803
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
104287008
Recipient Type:
For-profit organization
Additional Information:
This is a partially repayable contribution.
Recipient's Operating Name:
Pratt & Whitney Canada Corporation
Recipient's Legal Name:
Pratt & Whitney Canada Corporation
Federal Riding Name:
Longueuil--Saint-Hubert
Federal Riding Number:
24043
Program:
SIF Stream 1- R&D
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
339990