Grants and Contributions:
Title:
Phase I: Transportation Engine Migration to Everest Platform
Agreement Number:
1031230
Agreement Value:
$112,000.00
Agreement Date:
May 15, 2025 - Nov 30, 2025
Description:
Transportation Engine project, Egistix is enhancing its Everest platform to meet the sustainable trading needs of the biofuels, reclamation and other sectors. The Transportation Engine project is the first phase, focusing on migrating the transportation engine in our legacy Commodity Trading and Risk Management (CTRM) system to the Everest platform. It utilizes artificial intelligence to modify the underlying codebase to be compatible with Saas. By replacing carbon-intensive manual processes with scalable, cloud-based compliance tracking and real-time emissions reporting tools, it enables a faster transition to sustainable commodity trading.
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 T2P 2V6
Reference Number:
172-2025-2026-Q1-1031230
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
867809345
Recipient Type:
For-profit organization
Recipient's Operating Name:
Egistix Corporation
Recipient's Legal Name:
EGISTIX - ENERGY TRADING LOGISTICS CORPORATION
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
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:
511211