Contribution: Industrial Research Assistance Program – Contributions to Firms
MS Technologies Inc.
$200,050.00
AI Assist - Development of Physics-Based Artificial Intelligence (AI) Models and Applications for Fluids Characterization Property Predictions
FY 2024-25 · 2024-12-01
Summary
This project leverages the specially designed artificial intelligence (AI) model/algorithms for fluids characterization property prediction software to optimize reservoir management for oil and gas companies.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
766487672
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-12-01 | 2024-25 | $200,050.00 |
| 1 | 2024-12-01 | 2024-25 | $200,050.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 122 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 122 jours.
Agreement End Date
2025-12-31
Agreement Number
1025439
Agreement Start Date
2024-12-01
Agreement Title
AI Assist - Development of Physics-Based Artificial Intelligence (AI) Models and Applications for Fluids Characterization Property Predictions
Agreement Title (French)
Assistance IA - Développement de modèles et d’applications d’intelligence artificielle (IA) fondés sur la physique pour la prédiction des propriétés de caractérisation des fluides.
Agreement Type
Contribution
Agreement Value
$200,050.00
Amendment Date
2025-01-23
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This project leverages the specially designed artificial intelligence (AI) model/algorithms for fluids characterization property prediction software to optimize reservoir management for oil and gas companies.
Description (French)
Ce projet exploite le modèle et les algorithmes d’intelligence artificielle (IA) spécialement conçus pour le logiciel de prédiction des propriétés de caractérisation des fluides afin d’optimiser la gestion des réservoirs pour les compagnies pétrolières et gazières.
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
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Edmonton--Wetaskiwin
Federal Riding (French)
Edmonton--Wetaskiwin
Federal Riding Number
48021
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
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
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
766487672
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
MS Technologies Inc.
Recipient Operating Name
fluidsdata
Recipient Postal Code
T6X 1E9
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2024-2025-Q3-1025439
