The Accelerator Centre is excited to share that Evercloak, a Canadian advanced materials company developing next-generation solutions for energy efficient cooling, is receiving advisory services and up to nearly $2 million CAD in funding through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) Clean Technology initiative to support the continued development and scale-up of its EverDROP™ dehumidification technology.
As global temperatures rise, growing demand for air conditioning is putting increasing pressure on electrical grids while driving higher energy costs and carbon emissions. Humidity is a major part of the challenge: more than half of the energy used for building cooling can be associated with removing moisture from the air.
EverDROP™ is designed to tackle humidity differently. Using Evercloak’s advanced membrane technology, it removes moisture from air without the energy-intensive cooling and reheating used in conventional dehumidification. The result is a more efficient approach to humidity control with the potential to significantly reduce HVAC energy use.
“This support from NRC IRAP will help us accelerate the development of EverDROP™ as we move toward broader commercial deployment. Humidity removal is one of the biggest opportunities to reduce the energy required for cooling, and we’re focused on bringing a fundamentally more efficient solution to market.” – Evelyn Allen, CEO and Co-Founder of Evercloak.
“Canadian innovators are developing solutions that help build a stronger economy and a more sustainable future. Through the National Research Council of Canada Industrial Research Assistance Program, the Government of Canada is proud to support Evercloak’s efforts to advance its dehumidification technology and bring innovative made-in-Canada clean technology solutions closer to market.” – The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions.
“Evercloak is showing what Canadian innovation can do when we invest in ideas with global potential. From Waterloo to the world, this federal investment is helping advance a made-in-Canada solution that can strengthen our economy, accelerate clean technology, and deliver real impact for Canada and beyond.” – The Honourable Bardish Chagger, Member of Parliament for Waterloo.
