Contribution: Industrial Research Assistance Program – Contributions to Firms
Revsolz Corp.
$355,000.00
Building predictive analytical (Machine Learning) module, in FracSol platform.
FY 2021-22 · 2021-06-01
Summary
FracSol IoT platform will be the only complete completions monitoring & analytical SaaS in the market. It is not only acquire surface data and visualize frac events, but also analyzes frac interactions, display connectivity on the geospatial map, and will provide frac stimulation and prediction solutions by its analytics and machine learning capabilities.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
724481338
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 | 2021-06-01 | 2021-22 | $175,000.00 |
| 1 | 2021-06-01 | 2021-22 | $355,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 394 days. The total amended value is 180,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 394 jours. La valeur totale des modifications est de 180 000 dollars.
Agreement End Date
2024-02-29
Agreement Number
975803
Agreement Start Date
2021-06-01
Agreement Title
Building predictive analytical (Machine Learning) module, in FracSol platform.
Agreement Title (French)
Création d'un module d'analyse prédictive (apprentissage machine) dans la plateforme FracSol
Agreement Type
Contribution
Agreement Value
$355,000.00
Amendment Date
2022-11-15
Amendment Number
1
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
FracSol IoT platform will be the only complete completions monitoring & analytical SaaS in the market. It is not only acquire surface data and visualize frac events, but also analyzes frac interactions, display connectivity on the geospatial map, and will provide frac stimulation and prediction solutions by its analytics and machine learning capabilities.
Description (French)
La plateforme FracSol IdO sera le seul SaaS complet de surveillance et d'analyse des achèvements sur le marché. Elle ne se contente pas d'acquérir des données de surface et de visualiser des événements de fracturation, mais analyse également les interactions de fracturation, affiche la connectivité sur la carte géospatiale. Elle fournira également des solutions de stimulation et de prévisions de fracturation grâce à ses capacités d'analyse et d'apprentissage machine.
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
Calgary Centre
Federal Riding (French)
Calgary-Centre
Federal Riding Number
48004
NAICS Code
213118
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
724481338
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Revsolz Corp.
Recipient Operating Name
Marc mukhtarli
Recipient Postal Code
T2P 4K9
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q2-975803
