Contribution: Industrial Research Assistance Program – Contributions to Firms
MLVX Technologies Inc
$100,000.00
Low Power, high-throughput hyperspectral image compression
FY 2020-21 · 2020-08-01
Summary
Compression.ai is building the first solution to compress hyperspectral imagery in real-time. Processing over 3 Gbps and consuming under 1W of power, it is ripe for mission-critical applications in the defence and space sectors.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Vancouver|Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
746461888
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 | 2020-08-01 | 2020-21 | $100,000.00 |
| 1 | 2020-08-01 | 2020-21 | $100,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 15 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 15 jours.
Agreement End Date
2021-09-30
Agreement Number
954069
Agreement Start Date
2020-08-01
Agreement Title
Low Power, high-throughput hyperspectral image compression
Agreement Title (French)
Compression d'images hyperspectrales à faible puissance et à haut débit
Agreement Type
Contribution
Agreement Value
$100,000.00
Amendment Date
2021-09-03
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
Compression.ai is building the first solution to compress hyperspectral imagery in real-time. Processing over 3 Gbps and consuming under 1W of power, it is ripe for mission-critical applications in the defence and space sectors.
Description (French)
Compression.ai conçoit la première solution pour comprimer l'imagerie hyperspectrale en temps réel. Traitant plus de 3 Gbits/s et consommant moins de 1W d'énergie, elle est prête pour des applications essentielles dans les secteurs de la défense et de l'espace.
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
Vancouver Centre
Federal Riding (French)
Vancouver-Centre
Federal Riding Number
59034
NAICS Code
541514
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
746461888
Recipient City
Vancouver|Vancouver
Recipient Country
CA
Recipient Legal Name
MLVX Technologies Inc
Recipient Operating Name
Compression.ai and Metaspectral
Recipient Postal Code
V6B 1H6
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2020-2021-Q2-954069