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Other transfer or payment: SIF Stream2- Growth

ATTAbotics Inc.

$34,000,000.00

ATTAscale

FY 2020-21 · 2020-04-15

Summary
This investment in research and development will further advance and test ATTAbotics' robotic warehouse technologies and support capacity expansion.
Program
SIF Stream2- Growth
Location
Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
812899987
Type
Other transfer or payment
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.

AmendmentDateFiscal YearTotal
02020-04-152020-21$34,000,000.00
12020-04-152020-21$34,000,000.00

As published

Additional Information
The amendment has been completed to extend the project agreement end date from January 1, 2038 to January 1, 2039. This is a partially repayable contribution.
Additional Information (French)
L'amendement a été effectué pour prolonger la date de fin du projet du 31 mars 2023 au 31 mars 2026. Il s'agit d'une contribution partiellement remboursable.
Agreement End Date
2026-03-31
Agreement Number
814598
Agreement Start Date
2020-04-15
Agreement Title
ATTAscale
Agreement Title (French)
ATTAscale
Agreement Type
Other transfer payment
Agreement Value
$34,000,000.00
Amendment Date
2023-06-06
Amendment Number
1
Description
This investment in research and development will further advance and test ATTAbotics' robotic warehouse technologies and support capacity expansion.
Description (French)
Cet investissement dans la recherche et le développement permettra de faire progresser et de mettre à  l'essai les technologies d'entreposage robotisé d'ATTAbotics et de soutenir l'expansion de la capacité.
Expected Results
The investment will support the production of the company's next-generation robotics for its robotic warehouse system, enhancing performance and increasing manufacturing capacity.
Expected Results (French)
L'investissement appuiera la production de la prochaine génération de robots de l'entreprise pour son système d'entrepôt robotisé, améliorant ainsi son rendement et sa capacité de fabrication.
Federal Riding
Calgary Skyview
Federal Riding (French)
Calgary Skyview
Federal Riding Number
48013
NAICS Code
333920
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream2- Growth
Program Name (French)
FIS Volet 2- Croissance
Program Purpose
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
-favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ;-faciliter la croissance et l'expansion des entreprises au Canada ;-attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
812899987
Recipient City
Calgary
Recipient Country
CA
Recipient Legal Name
ATTAbotics Inc.
Recipient Operating Name
ATTAbotics Inc.
Recipient Postal Code
T2E8X2
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
033-2020-2021-Q2-814598
ATTAbotics Inc. - $34,000,000 Other transfer or payme… | Canada Spends