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Innovation, Science and Industry Canada announced a $17.5 million investment in Giatec Scientific Inc. to support the company’s $65.8 million project to develop sensor technologies using artificial intelligence (AI) to optimize concrete mixtures, resulting in a reduced carbon footprint, while improving the quality of building materials used for Canadian infrastructure.
With this investment, Giatec will develop a smart concrete demonstration plant, which will operate using its new SmartMix technological innovation, for companies and universities to advance innovation in the construction ecosystem. This plant will be based in Ottawa.
“Securing the Strategic Innovation Fund funding is a significant step forward for Giatec as we embark on our three-year, $65.8 million research and development project to build the world’s first AI-enabled digital platform for the concrete industry. This groundbreaking platform will deliver tremendous value to various stakeholders across the industry, including cement, aggregate and admixture producers, ready-mix suppliers, construction companies and infrastructure owners. Our vision is to revolutionize the concrete industry and help build more sustainable, efficient and durable infrastructure, while positioning Canada as a global leader in clean, innovative technologies,” said Pouria Ghods, CEO and co-founder of Giatec Scientific Inc.
Managed by Innovation, Science and Economic Development Canada (ISED), SIF provides major investments to innovative projects across Canada, helping boost the country’s economy. Securing this investment is a solid recognition of Giatec’s ongoing contributions to the global construction industry and its potential to significantly impact Canada’s low-carbon economy. The funding was awarded based on the project’s potential to contribute to Canada’s sustainability goals, particularly the construction sector, which is responsible for a considerable portion of global CO2 emissions. By optimizing concrete mixes and reducing cement usage, Giatec’s SmartMix digital platform will also lower energy consumption and water usage, key factors in cement production. Additionally, the platform’s predictive capabilities will improve concrete durability, reduce material waste, and extend the lifespan of infrastructure.
“Our government is committed to a net-zero future for Canada, and this project is precisely the investment we need. By leveraging technological innovation to reduce greenhouse gas emissions and improving building materials quality, we can drive efficiencies that lower construction costs, making projects more affordable and profitable for our construction industry. It is a win for our planet, our infrastructure and our industry,” said François-Philippe Champagne, Minister of Innovation, Science and Industry. |
