Smartricity Inc

$260,812.00 CAD

≈ 3 Canadians' average pay for a year
Department
National Research Council Canada
Program
Industrial Research Assistance Program – Contributions to Firms
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
January 3, 2022 – June 30, 2023
Reference
nrc-cnrc:172-2021-2022-Q4-985374

Published purpose

SmartMD is a software system that integrates into existing test systems, and stand alone test kits to give a clear indication of current and remaining motor life with 98% accuracy. Our system gives the user a Health Check on the motor based on proprietary algorithms developed in our labs. Across North America specifically, “run to failure” practices are common and those who are utilizing some form of condition or predictive monitoring are typically not sure how to utilize the data. There are roughly 1,000,000 electric motors repaired annually in North America alone and globally the new electric motor market is valued at over $147B USD annually.

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