Questor Technology Inc., based in Calgary, Alberta, has announced the receipt of $305,060 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This financial support is directed towards the research and development of the company's 1500 kW Organic Rankine Cycle (ORC) Heat-to-Power system. The project aims to advance the technological capacity for converting heat into power, contributing to energy efficiency and sustainability initiatives.
The announcement of the funding was made on August 27, 2026, as part of Questor's ongoing commitment to develop innovative energy solutions. This funding is part of NRC IRAP's efforts to support Canadian small and medium-sized enterprises in enhancing their technological capabilities.
Additionally, Questor's announcement on August 28, 2026, highlighted the company's financial and operational performance for the second quarter ended June 30, 2026. The company's unaudited Condensed Consolidated Financial Statements and Management’s Discussion and Analysis were made available, reflecting the ongoing financial health and strategic direction of Questor as it continues to pursue various projects in energy technology.
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