Contribution: Industrial Research Assistance Program – Contributions to Firms
Spark Technology Labs Inc.
$75,000.00
Feasible Beta Product Design of CloudHawk Asset Matching Solution that satisfies 2 Use Cases
FY 2024-25 · 2024-06-10
Summary
This project creates a net new set of products in Asset Beacon area, and is being requested by existing and new potential customers today. It is an entirely new subscription revenue stream for CloudHawk directly attributed to this project, and we have the expertise to engineer and develop this new proprietary capability, across hardware, firmware and software stacks.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Waterloo|Waterloo, Ontario, Canada
Recipient Type
For-profit organization
Business Number
836576520
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 61 days. The total amended value is 75,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 61 jours. La valeur totale des modifications est de 75 000 dollars.
Agreement End Date
2024-12-31
Agreement Number
1019932
Agreement Start Date
2024-06-10
Agreement Title
Feasible Beta Product Design of CloudHawk Asset Matching Solution that satisfies 2 Use Cases
Agreement Title (French)
Conception d’un produit bêta réalisable de la solution de mise en correspondance des actifs de CloudHawk qui répond à deux cas d’utilisation
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Date
2024-09-12
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
This project creates a net new set of products in Asset Beacon area, and is being requested by existing and new potential customers today. It is an entirely new subscription revenue stream for CloudHawk directly attributed to this project, and we have the expertise to engineer and develop this new proprietary capability, across hardware, firmware and software stacks.
Description (French)
Ce projet crée un tout nouvel ensemble de produits dans le domaine des balises d’actifs, et il est demandé aujourd’hui par des clients existants et de nouveaux clients potentiels. Il s’agit d’une toute nouvelle source de revenus par abonnement pour CloudHawk, directement attribuée à ce projet, et nous disposons de l’expertise nécessaire pour concevoir et développer cette nouvelle capacité propriétaire, à travers le matériel, les microprogrammes et les piles logicielles.
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
Waterloo
Federal Riding (French)
Waterloo
Federal Riding Number
35112
NAICS Code
9119
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
836576520
Recipient City
Waterloo|Waterloo
Recipient Country
CA
Recipient Legal Name
Spark Technology Labs Inc.
Recipient Operating Name
CloudHawk
Recipient Postal Code
N2V 2C3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1019932
