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Contribution: Industrial Research Assistance Program – Contributions to Firms

Planetary Technologies Inc.

$75,000.00

Ocean Carbon Platform

FY 2024-25 · 2024-04-01

Summary
This 9 month project will see the design and developments of key components of the firm's Carbon Platform (OCP). The OCP will facilitate the end-to-end generation of carbon credits by combining real-time operational data, carbon intensity databases, and both local and global ocean models to generate carbon credits on demand. In effect, the OCP will implement the firm's Monitoring, Reporting and Verification (MRV) as an ongoing process across different project sites across the globe. The focus of this iteration is on the Ocean Carbon Calculator (OCC) that is a cloud based system capable of tracking, verifying and retiring carbon credit.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Dartmouth|Dartmouth, Nova Scotia, Canada
Recipient Type
For-profit organization
Business Number
766873137
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2025-01-20
Agreement Number
1017498
Agreement Start Date
2024-04-01
Agreement Title
Ocean Carbon Platform
Agreement Title (French)
Plateforme de carbone océanique
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Number
0
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 9 month project will see the design and developments of key components of the firm's Carbon Platform (OCP). The OCP will facilitate the end-to-end generation of carbon credits by combining real-time operational data, carbon intensity databases, and both local and global ocean models to generate carbon credits on demand. In effect, the OCP will implement the firm's Monitoring, Reporting and Verification (MRV) as an ongoing process across different project sites across the globe. The focus of this iteration is on the Ocean Carbon Calculator (OCC) that is a cloud based system capable of tracking, verifying and retiring carbon credit.
Description (French)
Ce projet de 9 mois verra la conception et le développement de composants clés de la plateforme de carbone de l’entreprise (OCP). L’OCP facilitera la génération de crédits carbone de bout en bout en combinant des données opérationnelles en temps réel, des bases de données sur l’intensité du carbone et des modèles océaniques locaux et mondiaux pour générer des crédits carbone à la demande. En fait, l’OCP mettra en œuvre le suivi, les rapports et la vérification de l’entreprise en tant que processus continu sur différents sites de projets à travers le monde. Cette itération se concentre sur le calculateur de carbone océanique (OCC) qui est un système dans le nuage capable de suivre, de vérifier et de retirer les crédits de carbone.
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
Dartmouth--Cole Harbour
Federal Riding (French)
Dartmouth--Cole Harbour
Federal Riding Number
12004
NAICS Code
32518
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
766873137
Recipient City
Dartmouth|Dartmouth
Recipient Country
CA
Recipient Legal Name
Planetary Technologies Inc.
Recipient Postal Code
B2Y 4W6
Recipient Province or Territory
NS
Recipient Type
F
Reference Number
172-2024-2025-Q1-1017498
Planetary Technologies Inc. - $75,000 Contribution (2… | Canada Spends