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Explore our Budget 2026 analysis

Contribution: Industrial Research Assistance Program

Precise Downhole Services Ltd.

$150,000.00

Precise Signal Stream Platform- Artificial Intelligence (PSSP-AI) Diagnostics and Interpretation Tool, Sensor and DFOS hardware manufacturing

FY 2025-26 · 2025-07-16

Summary
Developing AI platform for real-time diagnostics, monitoring and decision support for downhole drilling and midstream pipeline analytics and production efficiencies.
Program
Industrial Research Assistance Program
Location
Nisku|Nisku, Alberta, Canada
Recipient Type
For-profit organization
Business Number
852565407
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
02025-07-162025-26$150,000.00
12025-07-162025-26$150,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by -306 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de -306 jours.
Agreement End Date
2026-03-31
Agreement Number
1032638
Agreement Start Date
2025-07-16
Agreement Title
Precise Signal Stream Platform- Artificial Intelligence (PSSP-AI) Diagnostics and Interpretation Tool, Sensor and DFOS hardware manufacturing
Agreement Title (French)
Plateforme de flux de signaux précis - Outil de diagnostic et d’interprétation basé sur l’intelligence artificielle (PSSP-AI), fabrication de capteurs et de matériel DFOS
Agreement Type
Contribution
Agreement Value
$150,000.00
Amendment Date
2026-03-17
Amendment Number
1
Coverage
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
Description
Developing AI platform for real-time diagnostics, monitoring and decision support for downhole drilling and midstream pipeline analytics and production efficiencies.
Description (French)
Développement d’une plateforme d’IA pour le diagnostic en temps réel, la surveillance et l’aide à la décision pour le forage en fond de puits, l’analyse des pipelines intermédiaires et l’efficacité de la production.
Expected Results
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Expected Results (French)
Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
Federal Riding
Edmonton--Wetaskiwin
Federal Riding (French)
Edmonton--Wetaskiwin
Federal Riding Number
48021
NAICS Code
23712
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program
Program Name (French)
Programme d’aide à la recherche industrielle
Program Purpose
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Program Purpose (French)
Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
Recipient Business Number
852565407
Recipient City
Nisku|Nisku
Recipient Country
CA
Recipient Legal Name
Precise Downhole Services Ltd.
Recipient Postal Code
T9E 8T3
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2025-2026-Q2-1032638
Precise Downhole Services Ltd. - $150,000 Contributio… | Canada Spends