Svante Technologies Inc.

$25,000,000.00 CAD

≈ $0.60 for every person in Canada ≈ 323 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream 2 - Growth
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
November 2, 2021 – March 31, 2045
Reference
ic:033-2021-2022-Q3-815765

Published purpose

This project aims to build a manufacturing plant in Burnaby to increase production capacity to manufacture Structured Adsorbent Beds (SABs) and Rotary Adsorption Machines (RAMs) to help Svante's customers capture at least 2,000 tonnes of carbon each day. The project’s work phase is scheduled to end on March 31, 2026.

In plain English AI-generated

This project funds the construction of a manufacturing plant in Burnaby, British Columbia, to increase production of carbon capture equipment, enabling customers to capture at least 2,000 tonnes of carbon daily.

Category: Climate Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions