Feds support nanotechnology with investment in Alberta companies

Friday August 20, 2010
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The National Research Council of Canada's Industrial Research Assistance Program (NRC-IRAP) will contribute more than $500,000 to two Alberta-based companies in support of research and development projects in the area of nanotechnology. The funding supports innovative research and development projects that will assist both firms in developing high-tech solutions for global markets. Sonoro Energy Limited will receive $285,268 for its project that seeks to accelerate the commercial upgrading of heavy oil into synthetic crude by small and medium- sized producers in remote areas. Sonoro Energy has developed and patented a proprietary sonic reactor technology platform that transfers sonic energy on an industrial scale to physical, chemical or biological processes. IntelligentNano Incorporated will receive $257,000 to further development of the "Sonacell," a device for amplifying and accelerating the growth of therapeutic stem cells. Both Sonoro Energy and IntelligentNano are tenants of the National Institute of Nanotechnology (NINT) Innovation Centre, a joint initiative between the National Research Council of Canada, the University of Alberta and the Government of Alberta. The Innovation Centre provides laboratory and office space to up to 15 companies.

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