Contribution: Industrial Research Assistance Program – Clean Technology
VueReal Inc.
$2,936,623.54
Custom MicroLED Display Production Line
FY 2024-25 · 2025-03-04
Summary
VueReal is one of few semiconductor companies in Canada and the only display company in North America, is planning to expand its custom display productions in Canada. Due to change in market dynamic and strategic value of displays and semiconductor in supply chain, VueReal is getting significant interest from its partners through receiving purchase orders for its displays. This project will enable us to address the early market and prepare us for expansion and scale up for higher production.
Department
Program
Industrial Research Assistance Program – Clean Technology
Recipient
Location
Waterloo|Waterloo, Ontario, Canada
Recipient Type
For-profit organization
Business Number
785941329
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 | 2025-03-04 | 2024-25 | $5,624,629.39 |
| 1 | 2025-03-04 | 2024-25 | $2,936,623.54 |
As published
Additional Information
This agreement has been amended 1 time(s). The total amended value is -2,688,005.85 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de -2 688 006 dollars.
Agreement End Date
2026-12-31
Agreement Number
1029642
Agreement Start Date
2025-03-04
Agreement Title
Custom MicroLED Display Production Line
Agreement Title (French)
Concevoir et fabriquer le Symbot 5 et développer 4-Sight.ai
Agreement Type
Contribution
Agreement Value
$2,936,623.54
Amendment Date
2025-09-26
Amendment Number
1
Coverage
NRC-IRAP Clean Technology projects stimulate wealth creation for Canada through sustainable development technological innovation, while improving Canada’s environmental indicators related to greenhouse gas emissions (GCG), waste management, air quality or drinking water based on the types of sustainable development technologies that will be supported. |Les projets de technologies propres du PARI-CNRC stimulent la création de richesse pour le Canada grâce à l’innovation technologique en matière de développement durable, tout en améliorant les indicateurs environnementaux du Canada liés aux émissions de gaz à effet de serre (GES), à la gestion des déchets, à la qualité de l’air ou à l’eau potable en fonction des types de technologies de développement durable qui seront soutenues.
Description
VueReal is one of few semiconductor companies in Canada and the only display company in North America, is planning to expand its custom display productions in Canada. Due to change in market dynamic and strategic value of displays and semiconductor in supply chain, VueReal is getting significant interest from its partners through receiving purchase orders for its displays. This project will enable us to address the early market and prepare us for expansion and scale up for higher production.
Description (French)
VueReal, l'une des rares entreprises de semi-conducteurs au Canada et la seule entreprise d'écrans en Amérique du Nord, prévoit d'étendre sa production d'écrans personnalisés au Canada. En raison de l'évolution de la dynamique du marché et de la valeur stratégique des écrans et des semi-conducteurs dans la chaîne d'approvisionnement, VueReal suscite l'intérêt de ses partenaires en recevant des bons de commande pour ses écrans. Ce projet nous permettra d'aborder le marché initial et nous préparera à l'expansion et à la mise à l'échelle pour une production plus importante.
Expected Results
The NRC-IRAP Clean Technology Program will support Canadian SMEs in the research and development of sustainable development technologies, up to their commercialization, with the potential to deliver economic and environmental outcomes.
Expected Results (French)
Le Programme Technologies propres du PARI-CNRC appuiera les PME canadiennes dans la recherche et le développement de technologies du développement durable, jusqu’à leur commercialisation, susceptibles de produire des résultats économiques et environnementaux.
Federal Riding
Waterloo
Federal Riding (French)
Waterloo
Federal Riding Number
35112
NAICS Code
3344
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Clean Technology
Program Name (French)
Programme d’aide à la recherche industrielle - Technologies propres
Program Purpose
The NRC-IRAP Clean Technology Program will support Canadian SMEs in the research and development of sustainable development technologies, up to their commercialization, with the potential to deliver economic and environmental outcomes.
Program Purpose (French)
Le Programme Technologies propres du PARI-CNRC appuiera les PME canadiennes dans la recherche et le développement de technologies du développement durable, jusqu’à leur commercialisation, susceptibles de produire des résultats économiques et environnementaux.
Recipient Business Number
785941329
Recipient City
Waterloo|Waterloo
Recipient Country
CA
Recipient Legal Name
VueReal Inc.
Recipient Operating Name
VueReal
Recipient Postal Code
N2L 5R9
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q4-1029642
