Business Development Bank of Canada

PrePad provides advanced software solutions for optimizing capital lifecycle management, execution tactics, and asset development in the oil and gas drilling and completion industries.

Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.

Cardinal Energy Ltd. is an oil and natural gas company based in Calgary, Canada, focused on the acquisition, exploration, and production of these resources primarily in Alberta and Saskatchewan. Established in 2010, Cardinal Energy operates several key properties, including Bantry, Mitsue, House Mountain, Grande Prairie, Wainwright, and Midale. The company specializes in producing low decline light, medium, and heavy quality oil, contributing to the energy landscape of Western Canada.

Arolytics is a software company that focuses on emissions management and regulatory compliance for the energy sector. It has developed a data management platform aimed at helping energy companies optimize their emission reduction strategies. The platform specializes in the enterprise management of methane data, integrating information from various emissions sensors and automatically generating compliance reports. Additionally, Arolytics' solution offers recommendations for pollution reduction, enabling energy firms to gain valuable insights into methane measurement and achieve lower costs in their emissions reduction efforts.

Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Librestream Technologies Inc., established in 2003 and headquartered in Winnipeg, Canada, specializes in mobile video collaboration solutions for Fortune 500 organizations. Its flagship product, Onsight, enables real-time virtual presence for remote experts to assess environments and troubleshoot equipment. Onsight's suite of products includes collaboration software, rugged smart cameras, and management tools, serving diverse industries such as manufacturing, oil and gas, healthcare, and government. Librestream's solutions help enterprises achieve cost-efficiencies through accelerated problem resolution, reduced downtime, and improved productivity. The company has strategic partnerships with industry leaders like Cisco Systems and Verizon Wireless.

Lube City Corp. is a Canadian company based in Edmonton that specializes in oil change and fleet maintenance services for automobiles. Established in 1990, Lube City provides a variety of offerings including automatic oil changes, transmission fluid services, fuel treatments, power steering fluid replacements, and battery replacements. The company also delivers additional services such as engine flushes, radiator coolant system maintenance, fuel system services, tune-ups, and fuel filter replacements. With a focus on the harsh driving conditions experienced in Alberta, Lube City aims to assist customers in maintaining their vehicles and ensuring optimal performance through its comprehensive service offerings.

HiFi Engineering Inc. is a Calgary-based company that specializes in the development of advanced fiber optic sensing systems, sensors, hardware, and visualization software tailored for downhole and pipeline applications. Founded in 2007, the company focuses on providing solutions for reservoir monitoring, well and pipeline integrity monitoring, and leak detection. Its product offerings include the HDS MiCro tool for downhole flow applications and the HDS MaCro system for permanent monitoring of pipelines and reservoirs. HiFi Engineering serves oil and gas service companies predominantly in North America and develops turnkey distributed fiber optic sensing platforms that encompass sensing cables, downhole tools, and various levels of acquisition and interpretation software. The company is supported by over 33 patents and maintains strategic partnerships with industry leaders, enhancing its capabilities in delivering high-quality data for its clients.

Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

Librestream Technologies Inc., established in 2003 and headquartered in Winnipeg, Canada, specializes in mobile video collaboration solutions for Fortune 500 organizations. Its flagship product, Onsight, enables real-time virtual presence for remote experts to assess environments and troubleshoot equipment. Onsight's suite of products includes collaboration software, rugged smart cameras, and management tools, serving diverse industries such as manufacturing, oil and gas, healthcare, and government. Librestream's solutions help enterprises achieve cost-efficiencies through accelerated problem resolution, reduced downtime, and improved productivity. The company has strategic partnerships with industry leaders like Cisco Systems and Verizon Wireless.

DarkVision Technologies Inc., established in 2013 and headquartered in North Vancouver, Canada, specializes in developing and commercializing advanced ultrasound-based imaging technology for oil and gas wells. The company's core product is a high-resolution ultrasound imaging system that can visualize the interior of multi-kilometer long wells at a sub-millimetric level, even through opaque fluids. This innovative technology enables oil and gas operators to identify and address various downhole issues, such as production tubing defects, casing corrosion, and sand screen damage, leading to informed decision-making that enhances operational efficiency, improves well integrity, and minimizes environmental impact. As of 2020, DarkVision operates as a subsidiary of Koch Engineered Solutions.

HPC Energy Services, based in Calgary, Canada, specializes in horizontal drilling technologies tailored to the evolving needs of the oil and gas sector. The company is committed to enhancing operational efficiencies for its clients by integrating various tools that span from the drilling rig to the drill bit. This comprehensive approach supports the dynamic drilling environment, positioning HPC Energy Services as a key player in the industry.

Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.