Corvus Energy delights in to reveal that it will certainly obtain financing of as much as $6 million from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) sustaining a r & d task to develop the future generation of power storage space and also digitalization innovations for aquatic vessels.

The multi-year R&D task will certainly be embarked on in Corvus Energy’s primary study, design and also item advancement centre in Richmond, British Columbia, Canada.

“Funding from NRC IRAP and other Canadian government programs has been instrumental for Corvus, not only in assisting our product development over the years, but also in opening new markets and helping us attract our investment partners,” states Sean Puchalski, EVP of Strategy & & Business Planning forCorvus Energy “We have grown to be one of Canada’s leading clean tech companies with expertise recognized throughout the global marine industry. We are immensely thankful for the financial assistance from the Government of Canada.”

Image Credits: Corvus Energy

“With decarbonization efforts intensifying globally, Corvus continues investing in innovative products and services to remain at the forefront of evolving energy conservation and emissions reduction practices in the marine industry,” states Geir Bj ørkeli, Chief Executive Officer ofCorvus Energy “As our operations and customer base grow around the world, we discover seemingly limitless opportunities for energy storage, underlining the growing importance of continuing to develop our R&D, digitalization and commercialization expertise, in Canada and throughout our organization.”

.