Grants and Contributions:

Title:
High Performance and Energy Efficient Data Transfer for Datacenters and High Performance Computing Systems
Agreement Number:
1020514
Agreement Value:
$425,000.00
Agreement Date:
Jun 3, 2024 - Feb 28, 2025
Description:
Hyperlume presents a sustainable ultra-low-power optical interconnect designed for high-performance computing and data centers, particularly for applications like artificial intelligence and machine learning. Our solution enables 40% lower energy consumption in datacenters which results in the reduction of carbon footprint and green expansion of AI and datacenter industries.
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:
Toronto, Ontario, CA M5X 1E2
Reference Number:
172-2024-2025-Q2-1020514
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
700555907
Recipient Type:
For-profit organization
Additional Information:

This agreement has been amended 1 time(s). The total amended value is -75,000 dollars.

Amendment Date
Mar 27, 2025
Recipient's Legal Name:
Hyperlume, Inc.
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
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:
334410
Amendments: