Grants and Contributions:
Title:
Market/Technical Feasibility - Offshore Oil Platform Decommissioning AUV
Agreement Number:
1021552
Agreement Value:
$31,230.00
Agreement Date:
Aug 7, 2024 - Nov 26, 2024
Description:
Impossible Metals Canada Inc. is undertaking a three-month project to conduct product discovery based on a preliminary business case for extending the use of existing intellectual property beyond its initial design intent. The technology initially developed for deep sea mining has been identified to have potential applicability for the offshore oil and gas decommissioning market enabling a lower-cost and lower-risk solution to the existing use of divers and ROVs in the final stage of decommissioning.
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:
Collingwood, Ontario, CA L9Y 5A6
Reference Number:
172-2024-2025-Q2-1021552
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
778589804
Recipient Type:
For-profit organization
Recipient's Legal Name:
Impossible Metals Canada Inc.
Federal Riding Name:
Simcoe--Grey
Federal Riding Number:
35099
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:
541330