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Contribution: Industrial Research Assistance Program – Contributions to Firms

G2V Optics Inc.

$228,100.00

The Development of Next Generation of Smart Agricultural Lighting (Perihelion Version 2)

FY 2019-20 · 2019-08-01

Summary
G2V has developed the world’s leading artificial lighting technology (“Engineered Sunlight”), capable of simulating solar illumination at any time, date, and location. With market traction of over CAD $1.5M in sales in the past 12 months, the technology has the potential to massively impact on the taste, nutrition, and yield of high-value indoor crops with full commercial deployment. G2V is embarking on 12 months of substantial R&D to develop the next generation of the technology: real-time monitoring, computing, and responding illumination for real-time optimization of crop growth. The result will be a leap forward for indoor farming capability, ready to commercially deploy as part of G2V’s proprietary Perihelion™ lighting platform.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
819678368
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.

AmendmentDateFiscal YearTotal
02019-08-012019-20$108,100.00
12019-08-012019-20$208,100.00
22019-08-012019-20$228,100.00

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is 20,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 20 000 dollars.
Agreement End Date
2021-03-31
Agreement Number
931923
Agreement Start Date
2019-08-01
Agreement Title
The Development of Next Generation of Smart Agricultural Lighting (Perihelion Version 2)
Agreement Title (French)
Développement de la prochaine génération d'éclairage agricole intelligent (Perihelion Version 2)
Agreement Type
Contribution
Agreement Value
$228,100.00
Amendment Date
2021-03-01
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
G2V has developed the world’s leading artificial lighting technology (“Engineered Sunlight”), capable of simulating solar illumination at any time, date, and location. With market traction of over CAD $1.5M in sales in the past 12 months, the technology has the potential to massively impact on the taste, nutrition, and yield of high-value indoor crops with full commercial deployment. G2V is embarking on 12 months of substantial R&D to develop the next generation of the technology: real-time monitoring, computing, and responding illumination for real-time optimization of crop growth. The result will be a leap forward for indoor farming capability, ready to commercially deploy as part of G2V’s proprietary Perihelion™ lighting platform.
Description (French)
G2V a développé la technologie d'éclairage artificiel la plus avancée au monde ("Engineered Sunlight"), capable de simuler l'éclairage solaire à tout moment, date et lieu. Avec des ventes de plus de 1,5 million de dollars canadiens au cours des 12 derniers mois, cette technologie a le potentiel d'avoir un impact massif sur le goût, la nutrition et le rendement des cultures intérieures de grande valeur, avec un déploiement commercial complet. G2V s'engage dans 12 mois de recherche et développement pour développer la prochaine génération de cette technologie : surveillance en temps réel, calcul et éclairage réactif pour une optimisation en temps réel de la croissance des cultures. Le résultat sera un bond en avant pour la capacité de culture en intérieur, prêt à être déployé commercialement dans le cadre de la plate-forme d'éclairage propriétaire de G2V, Perihelion™.
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 Strathcona
Federal Riding (French)
Edmonton Strathcona
Federal Riding Number
48019
NAICS Code
33441
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
819678368
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
G2V Optics Inc.
Recipient Postal Code
T6E 5V8
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2019-2020-Q2-931923
G2V Optics Inc. - $228,100 Contribution (2019-20) | Canada Spends