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Contribution: Industrial Research Assistance Program – Contributions to Firms

Arcus Power Corporation

$233,600.00

Implementation of Machine Learning in Scalable DROP Platform

FY 2018-19 · 2018-04-16

Summary
Arcus utilizes an Internet of Things based platform to provide predictive peak power demand solutions to industrial customers. Arcus is serious about utilizing machine learning in power markets. We are dedicated to the creation of leading meaningful energy efficiency measures through technology and the continual enhancement of our predictive analytics with machine learning.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
728525890
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
12018-04-162018-19$175,000.00
22018-04-162018-19$175,000.00
32018-04-162018-19$183,600.00
42018-04-162018-19$233,600.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 244 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 244 jours. La valeur totale des modifications est de 50 000 dollars.
Agreement End Date
2020-11-30
Agreement Number
906220
Agreement Start Date
2018-04-16
Agreement Title
Implementation of Machine Learning in Scalable DROP Platform
Agreement Title (French)
Implémentation de l’apprentissage machine dans la plate-forme évolutive DROP (Demand Response Obviate Product)
Agreement Type
Contribution
Agreement Value
$233,600.00
Amendment Date
2020-04-02
Amendment Number
4
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
Arcus utilizes an Internet of Things based platform to provide predictive peak power demand solutions to industrial customers. Arcus is serious about utilizing machine learning in power markets. We are dedicated to the creation of leading meaningful energy efficiency measures through technology and the continual enhancement of our predictive analytics with machine learning.
Description (French)
Arcus utilise une plate-forme Internet des choses « Internet of Things (IOT) » pour fournir des solutions de demande prédictive de puissance de crête aux clients industriels. Arcus est sérieux par rapport à l'utilisation de l’apprentissage machine dans les marchés d’alimentation d’énergie. Nous sommes dédiés à la création des mesures d’efficacité énergétique au moyen de la technologie et l’amélioration continue de nos analytiques prédictives avec l’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
22112
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
728525890
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Arcus Power Corporation
Recipient Operating Name
Arcus Power Corp
Recipient Postal Code
T2P 0Z3
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2018-2019-Q1-906220
Arcus Power Corporation - $233,600 Contribution (2018… | Canada Spends