Grants and Contributions:
Title:
Research scale models for commercially viable water taxi
Agreement Number:
1034113
Agreement Value:
$192,000.00
Agreement Date:
Aug 15, 2025 - Apr 30, 2026
Description:
Research and validate scaling factors for Dynamic Air Cushion Vessel (DACV) technology by developing and testing scale models and optimizing components for design of a 11.9m commercial water taxi, advancing DACV performance with key innovations.
Organization:
National Research Council Canada
Expected Results:
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Location:
Squamish, British Columbia, CA V8B 1C8
Reference Number:
172-2025-2026-Q2-1034113
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
790012629
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 30 days. The total amended value is 82,000 dollars.
Amendment Date
Feb 6, 2026
Recipient's Operating Name:
Celerity Craft, Inc
Recipient's Legal Name:
Celerity Craft, Inc
Federal Riding Name:
West Vancouver--Sunshine Coast--Sea to Sky Country
Federal Riding Number:
59042
Program:
Industrial Research Assistance Program
Program Purpose:
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Coverage:
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity.
NAICS Code:
336611
Amendments: