Grants and Contributions:

Title:
Rotary Valve and Electrified Skids for Petroleum Production
Agreement Number:
997044
Agreement Value:
$285,000.00
Agreement Date:
Nov 1, 2022 - Mar 31, 2024
Description:
Develop oil field pressure control equipment for coiled tubing and wireline operations in response to demand from global customers. A new set of products will improve operational efficiency, implement positive environmental technologies and improve worksite safety.
Organization:
National Research Council Canada
Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:
Lacombe County, Alberta, CA T0M 0J0
Reference Number:
172-2022-2023-Q3-997044
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
768565608
Recipient Type:
For-profit organization
Recipient's Operating Name:
SILVERADO MACHINE
Recipient's Legal Name:
NXL Technologies Inc.
Federal Riding Name:
Red Deer--Lacombe
Federal Riding Number:
48030
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
213118