Contribution: Industrial Research Assistance Program – Contributions to Firms
CORRECT-AI INC.
$282,750.00
Development of SLAM Based Intelligent Site Mapping Solution for Surveying Applications
FY 2022-23 · 2022-10-01
Summary
Surveying in the construction or mining industry is an essential function as it provides indispensable information to all the other operating disciplines on a worksite. Surveyors are responsible for the timely and accurate measurement of areas and volumes mined, plus the precise representation of a surface situation of a mining plan.
Correct-AI’s products have two primary benefits for its customers. First, they improve safety on industrial work sites by preventing collisions and rollovers. Second, they allow users to improve operating efficiencies by using computer-vision techniques to reduce labor, using the same hardware that is used for safety applications.
Correct-AI's solution offers a significant cost reduction in a short time.
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
744385477
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 | 2022-10-01 | 2022-23 | $200,000.00 |
| 1 | 2022-10-01 | 2022-23 | $207,750.00 |
| 2 | 2022-10-01 | 2022-23 | $282,750.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The total amended value is 75,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 75 000 dollars.
Agreement End Date
2024-03-31
Agreement Number
995762
Agreement Start Date
2022-10-01
Agreement Title
Development of SLAM Based Intelligent Site Mapping Solution for Surveying Applications
Agreement Title (French)
Développement d’une solution intelligente de cartographie de site SLAM pour les applications d’arpentage
Agreement Type
Contribution
Agreement Value
$282,750.00
Amendment Date
2023-10-25
Amendment Number
2
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
Surveying in the construction or mining industry is an essential function as it provides indispensable information to all the other operating disciplines on a worksite. Surveyors are responsible for the timely and accurate measurement of areas and volumes mined, plus the precise representation of a surface situation of a mining plan.
Correct-AI’s products have two primary benefits for its customers. First, they improve safety on industrial work sites by preventing collisions and rollovers. Second, they allow users to improve operating efficiencies by using computer-vision techniques to reduce labor, using the same hardware that is used for safety applications.
Correct-AI's solution offers a significant cost reduction in a short time.
Description (French)
L’arpentage dans le secteur de la construction ou de l’exploitation minière est une fonction essentielle, car il fournit des informations indispensables à toutes les autres disciplines intervenant sur un chantier. Les géomètres sont responsables de la mesure précise et opportune des zones et des volumes exploités ainsi que de la représentation précise de la situation de surface d’un plan minier. Les produits de Correct-AI ont deux grands avantages pour ses clients. Premièrement, ils améliorent la sécurité sur les sites de travail industriels en prévenant les collisions et les tonneaux. Deuxièmement, ils permettent aux utilisateurs d’améliorer l’efficacité des opérations en utilisant des techniques de visionique pour réduire les effectifs, en utilisant le même matériel que celui utilisé pour les applications de sécurité. La solution de Correct-AI offre une réduction significative des coûts en peu de temps.
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 Centre
Federal Riding (French)
Edmonton-Centre
Federal Riding Number
48014
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
744385477
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
CORRECT-AI INC.
Recipient Operating Name
CORRECT-AI
Recipient Postal Code
T5K 2J1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2022-2023-Q3-995762
