Contribution: Industrial Research Assistance Program – Contributions to Firms
Flo Draulic Controls Limited
$230,000.00
Heavy Equipment Intelligence Platform - SaaS
FY 2024-25 · 2024-08-01
Summary
The platform is a SaaS IoT solution designed to address the unique challenges faced by the heavy equipment industry. By equipping mobile heavy equipment with advanced IoT sensors and connecting them to a centralized cloud-based platform, Machine-specific operational data that was previously inaccessible would now be the primary tool is operational decision making.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Halton Hills|Halton Hills, Ontario, Canada
Recipient Type
For-profit organization
Business Number
101824985
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 | 2024-08-01 | 2024-25 | $180,000.00 |
| 1 | 2024-08-01 | 2024-25 | $180,000.00 |
| 2 | 2024-08-01 | 2024-25 | $230,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 121 days. The total amended value is 50,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 121 jours. La valeur totale des modifications est de 50 000 dollars.
Agreement End Date
2026-03-31
Agreement Number
1020301
Agreement Start Date
2024-08-01
Agreement Title
Heavy Equipment Intelligence Platform - SaaS
Agreement Title (French)
Plateforme d’intelligence de l’équipement lourd — SaaS
Agreement Type
Contribution
Agreement Value
$230,000.00
Amendment Date
2025-10-21
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
The platform is a SaaS IoT solution designed to address the unique challenges faced by the heavy equipment industry. By equipping mobile heavy equipment with advanced IoT sensors and connecting them to a centralized cloud-based platform, Machine-specific operational data that was previously inaccessible would now be the primary tool is operational decision making.
Description (French)
La plateforme est une solution IdO SaaS conçue pour relever les défis uniques auxquels est confrontée l’industrie de l’équipement lourd. En équipant les équipements lourds mobiles de capteurs IdO avancés et en les connectant à une plateforme centralisée en nuage, les données opérationnelles spécifiques à la machine qui étaient auparavant inaccessibles seraient maintenant l’outil principal est la prise de décision opérationnelle.
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
Wellington--Halton Hills
Federal Riding (French)
Wellington--Halton Hills
Federal Riding Number
35113
NAICS Code
41723
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
101824985
Recipient City
Halton Hills|Halton Hills
Recipient Country
CA
Recipient Legal Name
Flo Draulic Controls Limited
Recipient Operating Name
Flodraulic Canada
Recipient Postal Code
L7G 4X4
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1020301
