Contribution: Industrial Research Assistance Program – Contributions to Firms
Global Dynamics Inc.
$750,000.00
Coil Tubing Sensor Tool
FY 2019-20 · 2019-11-12
Summary
Global Dynamics will develop a new Coiled Tubing Drilling System that includes modular components driven by electrical signals that run through a tubing encapsulated conductor (TEC) that runs inside Coiled Tubing and sends data to surface in real time.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Red Deer|Red Deer, Alberta, Canada
Recipient Type
For-profit organization
Business Number
862854767
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 | 2019-11-12 | 2019-20 | $170,000.00 |
| 1 | 2019-11-12 | 2019-20 | $250,000.00 |
| 2 | 2019-11-12 | 2019-20 | $330,000.00 |
| 3 | 2019-11-12 | 2019-20 | $500,000.00 |
| 4 | 2019-11-12 | 2019-20 | $650,000.00 |
| 5 | 2019-11-12 | 2019-20 | $750,000.00 |
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 100,000 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 100 000 dollars.
Agreement End Date
2022-05-31
Agreement Number
938057
Agreement Start Date
2019-11-12
Agreement Title
Coil Tubing Sensor Tool
Agreement Title (French)
Outil pour capteur à tubage enroulé
Agreement Type
Contribution
Agreement Value
$750,000.00
Amendment Date
2022-01-06
Amendment Number
5
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
Global Dynamics will develop a new Coiled Tubing Drilling System that includes modular components driven by electrical signals that run through a tubing encapsulated conductor (TEC) that runs inside Coiled Tubing and sends data to surface in real time.
Description (French)
Global Dynamics mettra au point un nouveau système de forage pour tubage enroulé qui comprendra des composantes modulaires commandées par des signaux électriques traversant un conducteur encapsulé dans un tubage (TEC), lequel se prolonge dans un tube enroulé et envoie des données en surface en temps réel.
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
Red Deer--Mountain View
Federal Riding (French)
Red Deer--Mountain View
Federal Riding Number
48029
NAICS Code
2131
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
862854767
Recipient City
Red Deer|Red Deer
Recipient Country
CA
Recipient Legal Name
Global Dynamics Inc.
Recipient Postal Code
T4E 0A1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2019-2020-Q3-938057
