Grants and Contributions:
Title:
eVinci(TM) Micro Reactor Development Project
Agreement Number:
814495
Agreement Value:
$27,219,000.00
Agreement Date:
Aug 1, 2021 - Mar 31, 2026
Description:
This project will develop Small Modular Reactor technology by completing research and development activities such as design, prototyping and demonstration to support successful licensing with the Canadian Nuclear Safety Commission and deployment of the technology.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This project will help support research and development in the Canadian nuclear industry and provide transportable, safe, and clean energy and industrial heat deployment for remote areas reliant on diesel. This project anticipates to create and maintain 203 full-time jobs.
Location:
Peterborough, Ontario, CA K9J6X7
Reference Number:
033-2021-2022-Q4-814495
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
840322481
Recipient Type:
For-profit organization
Additional Information:
This is a fully repayable contribution.
Recipient's Operating Name:
Westinghouse Electric Canada, Inc.
Recipient's Legal Name:
Westinghouse Electric Canada, Inc.
Federal Riding Name:
Edmonton West
Federal Riding Number:
48020
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:
335311