Grants and Contributions:
Title:
Engineering and Design of a Commercial Scale Post Processing Technology for the Natural Products Industry
Agreement Number:
1001664
Agreement Value:
$74,996.00
Agreement Date:
Feb 1, 2023 - Jul 31, 2023
Description:
AESI plans to research, design, engineer and test the feasibility of producing a commercial scale post processing technology that will replace current equipment and methodologies in the natural products extraction industries. Current techniques can only produce on average a 70-85% purity and are massively energy intensive. It is expected that we can improve this to a 95-98% purity, reduce energy consumption by a minimum of 60% and greatly increase efficiency.
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:
Charlottetown, Prince Edward Island, CA C1E 2B4
Reference Number:
172-2022-2023-Q4-1001664
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
809546724
Recipient Type:
For-profit organization
Recipient's Legal Name:
Advanced Extraction Systems Inc.
Federal Riding Name:
Charlottetown
Federal Riding Number:
11002
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:
311710