Grants and Contributions:

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Title:

KNXT EV Personnel Carrier

Agreement Number:

1002142

Agreement Value:

$750,000.00

Agreement Date:

Sep 1, 2022 - Sep 30, 2024

Description:

Kovatera specializes in manufacturing a full range of custom underground mining utility vehicles, including several battery powered EV’s. Demand for connected EV's among our customers, and in the mining utility vehicle market, is growing at a fast pace. The KNXT project represents Kovatera’s battery electric vehicle technology development. The KNXT objectives are to design, build and validate a battery electric vehicle for underground mining applications. With the completion of the project, Kovatera will have developed and internalized the vehicle management software in house. In addition, we will integrate telemetry and crash avoidance systems, two key technologies for the success in the market.

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:

Lively, Ontario, CA P3Y 1L6

Reference Number:

172-2022-2023-Q4-1002142

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

893736629

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The end date of this agreements has been modified by 183 days.

Amendment Date

Mar 4, 2024

Recipient's Legal Name:

Kovatera Inc.

Federal Riding Name:

Sudbury

Federal Riding Number:

35103

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

333130

Amendments:

See Amendments