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Contribution: Industrial Research Assistance Program

King Aquaculture Inc.

$69,290.00

Scale up and validation of new oyster growing system

FY 2025-26 · 2025-07-01

Summary
The project involves the experimental validation of a newly developed variable buoyancy oyster farming system designed by King Aquaculture Inc. Originally tested in larger formats, the system has been optimized into a smaller, more manageable version. The goal is to enhance the productivity and sustainability of oyster aquaculture by comparing the performance of this new system with traditional floating cage systems. In 2024, the project focused on testing this smaller version of the variable buoyancy system at an experimental farm set up on a 5-hectare lease (MS-1236) in Bedec, NB. Key activities included monitoring oyster growth, mortality, and yield and assessing environmental impacts such as sediment accumulation. These experiments AI
Program
Industrial Research Assistance Program
Location
Richibouctou-Village|Richibouctou-Village, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
814545554
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
02025-07-012025-26$61,790.00
12025-07-012025-26$69,290.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 28 days. The total amended value is 7,500 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 28 jours. La valeur totale des modifications est de 7 500 dollars.
Agreement End Date
2026-03-31
Agreement Number
1032120
Agreement Start Date
2025-07-01
Agreement Title
Scale up and validation of new oyster growing system
Agreement Title (French)
Mise à l’échelle et validation d’un nouveau système de culture des huîtres
Agreement Type
Contribution
Agreement Value
$69,290.00
Amendment Date
2026-02-26
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
The project involves the experimental validation of a newly developed variable buoyancy oyster farming system designed by King Aquaculture Inc. Originally tested in larger formats, the system has been optimized into a smaller, more manageable version. The goal is to enhance the productivity and sustainability of oyster aquaculture by comparing the performance of this new system with traditional floating cage systems. In 2024, the project focused on testing this smaller version of the variable buoyancy system at an experimental farm set up on a 5-hectare lease (MS-1236) in Bedec, NB. Key activities included monitoring oyster growth, mortality, and yield and assessing environmental impacts such as sediment accumulation. These experiments AI
Description (French)
Le projet comprend la validation expérimentale d’un nouveau système d’élevage d’huîtres à flottabilité variable conçu par King Aquaculture Inc. Testé à l’origine dans des formats plus grands, le système a été optimisé dans une version plus petite et plus facile à gérer. L’objectif est d’améliorer la productivité et la durabilité de l’ostréiculture en comparant les performances de ce nouveau système avec celles des systèmes traditionnels de cages flottantes. En 2024, le projet s’est concentré sur l’essai de cette version plus petite du système à flottabilité variable dans une ferme expérimentale installée sur un bail de 5 hectares (MS-1236) à Bedec, NB. Les principales activités comprenaient la surveillance de la croissance, de la mortalité et du rendement des huîtres et l’évaluation des impacts environnementaux tels que l’accumulation de sédiments. Ces expériences AI
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
Beauséjour
Federal Riding (French)
Beauséjour
Federal Riding Number
13002
NAICS Code
112510
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
814545554
Recipient City
Richibouctou-Village|Richibouctou-Village
Recipient Country
CA
Recipient Legal Name
King Aquaculture Inc.
Recipient Postal Code
E4W 1G2
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2025-2026-Q2-1032120