ICARUS Aero Inc.: federal grants and contributions

Updated 12 October 2026 · Gravenhurst|Gravenhurst, ON · grants and contributions register · Parry Sound–Muskoka

ICARUS Aero Inc.: federal grants and contributions: 9 agreements; $3.1M value; 2 departments; 4 programs.

Assay record ASY-CA-08CX8GH0A6 · Cite as: Assay Systems, “ICARUS Aero Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/icarus-aero-inc/

$
9agreements
$3.1Mvalue
2departments
4programs

Largest agreements

512796$1.1Mvalue2020start2025end

Expand their operations at Muskoka Airport and support the purchase of new innovative equipment, the need for additional 3 Phase power and installation/training on the new equipment.

900599$1.0Mvalue2025start2027end

Support to develop a new product and upgrade a production facility, including machinery, material, infrastructure, labour, and commercialization costs, to support entering global markets in response to tariffs.

AIRCRAFT MISSION POD – AMP$431Kvalue2023start2025end

The project will provide a mission capable suitable environment for mounting mission equipment. This will be in the form of an aerodynamic belly mounted pod in which will have the ability to mount our previous ‘CAMERA RETRACTABLE DEPLOYABLE LIFT – CRDL’ within the available mission space. The pod will allow for multiple climate controlled and accessible bays for mounting the system required equipment. Allowing equipment to be mounted securely outside of the cabin. This is an ideal solution for mission systems as in many cases the required equipment surpasses cabin noise requirements or surpass

Deployable Camera Retractable Lift – DCRL$222Kvalue2022start2023end

The project will provide a self-sufficient highly evolved deployable camera retractable lift that is versatile with respect to the equipment that can be deployed and retracted, how the lift can be mounted in the aircraft, and the type of aircraft it can be mounted into. The deployable lift will be versatile in its ability to be quickly removed from one aircraft and installed into another with minimal tooling required.

Ultra-Low Weight - High Strength - Equipment Rack Project$194Kvalue2021start2022end

Develop an upgraded new age technology operator console to replace the current ones that are bulky, over weight and inadequate for most aircraft which causes potential unsafe conditions to the air cabin operators and the passengers. Currently available consoles are largely over weight and utilize very rudimentary design and materials. Current consoles are provided from other vendors (potentially competitors), such available products use old technology and materials which have essentially cornered the market for decades.

9G Seat Bracket Upgrade$71.1Kvalue2020start2021end

King Air seats have a basic flaw that does not meet aircraft standards and has not been fixed from design. OEM has refused to eliminate the known issue and the current replacement bracket is not available. Product design to improve the king air seat bracket and not only reduce the failure of the seat but eliminate it all together. This include loading of 9g plus loads. The seat is known to fail and potential to cause catastrophic failures for pilot seats and injuries to passengers. The upgraded seat bracket will re-design the basics of the bracket and eliminate the failure all together. As wel

MDAP 2025 – Market Diversification Action Plan$50.0Kvalue2025start2026end

ICARUS Aero Inc. is expanding into international co-innovation programs, introducing an EO/IR camera mount solution for helicopters and building partnerships in the European market, with initial efforts focused on Germany and the broader EASA region.

2025 Icarus YEP - Male$30.0Kvalue2025start2026end

This internship will provide Icarus Aero with the technical skill set required to continue to develop our productivity and manufacturing capacity.

Seat Bracket Marketing Support$5.1Kvalue2020start2020end

In depth Market Analysis and market strategy to obtain sales worldwide for product at hand. This project is in support of the 9G Seat Bracket Upgrade IRAP Project for both market analysis as well as market and sales implementation now and in future.

Departments

Federal Economic Development Agency for Northern Ontario2agreements$2.1Mvalue2programs
  • Regional Economic Growth through Innovation Program
  • Regional Tariff Response Initiative

All grants from Federal Economic Development Agency for Northern Ontario

National Research Council Canada7agreements$1.0Mvalue2programs
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program – Youth Employment Program

All grants from National Research Council Canada

Years

20253agreements$1.1Mvalue3programs
  • Regional Tariff Response Initiative
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program – Youth Employment Program
20231agreements$431Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20221agreements$222Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20211agreements$194Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20203agreements$1.2Mvalue2programs
  • Regional Economic Growth through Innovation Program
  • Industrial Research Assistance Program – Contributions to Firms

Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.