Grants and Contributions:

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Title:

Advanced Lithium Titanium Oxide (LTO) Batteries Development

Agreement Number:

1018315

Agreement Value:

$450,000.00

Agreement Date:

Apr 1, 2024 - Mar 31, 2026

Description:

The project aims to develop cutting-edge batteries, solutions, and technologies characterized by advanced features. These include high-performance energy storage and charging capabilities, a prolonged lifespan, and enhanced safety features. The objective is to significantly contribute to the progress of integrating renewable (solar) energy and promoting electric mobility. Moreover, the project will involve the design and integration of a groundbreaking bidirectional power microchip. This microchip will be incorporated with innovative batteries to ensure the safe and efficient charging and discharging of batteries in applications related to clean technology.

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:

Calgary, Alberta, CA T2C 5C3

Reference Number:

172-2024-2025-Q1-1018315

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

714908084

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 3 time(s). The total amended value is 150,000 dollars.

Amendment Date

Mar 17, 2025

Recipient's Legal Name:

Genoptic LED Inc.

Federal Riding Name:

Calgary Shepard

Federal Riding Number:

48011

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:

334410

Amendments:

See Amendments