The Government of Saskatchewan is providing $658,000 for three Saskatchewan energy innovators through the Saskatchewan Advantage Innovation Fund (SAIF).  SAIF supports commercialization of game-changing technological innovations in the province’s core economic sectors.

Today the Minister Responsible for Innovation Saskatchewan Tina Beaudry-Mellor, outlined three emerging technologies in the energy sector, developed with assistance from the SAIF:

 Ground Effects Environmental Services - $395,000 to support development of a cutting-edge water treatment system for oil extraction that operates on a reduced environmental footprint, removing key contaminants from wastewater at a fraction of the cost.
 LiEP Energy - $113,000 to support the development, validation and scale-up of a working prototype for new lithium resource extraction technology to pull lithium ions out of concentrated brines faster and using less energy and chemical inputs.
 Wave9 - $150,000 for an oil site monitoring system which uses remote cameras and sensors to feed information into artificial intelligence software and issues alerts through a smartphone app, reducing operating costs and improve worker efficiency.

“These investments help grow the province’s tech sector while having a significant impact on related industry’s that drive the Saskatchewan economy,” Beaudry-Mellor said.  “It is important that we continue to support these industries so they can continue to develop technologies that benefit our province.”

Since 2012, Innovation Saskatchewan has provided a $10.7 million investment in SAIF and attracted $38.5 million in private and federal money.  For more about the innovators, see the attached backgrounder.

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For more information, contact:

Glen Kirby
Innovation Saskatchewan
Regina
Phone: 306-787-6041
Email: glen.kirby@gov.sk.ca
Cell: 306-537-6455‚Äč

 

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