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Minerva Intelligence Climate Risk Division Awarded Canadian Coastal Zone Project
Minerva Intelligence Climate Risk Division Awarded Canadian Coastal Zone Project ...
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[{"type":"text","content":"\n \n \n \n Minerva Intelligence Climate Risk Division Awarded Canadian Coastal Zone Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 29, 2021\n \n /CNW/ - Minerva Intelligence Inc. (TSXV: MVAI) (\"Minerva\" or the \"Company\"), an artificial intelligence software company focused on building decision support tools for climate risk, mineral exploration and mining, is pleased to announce that it has been awarded a contract for the Canadian Coastal Zone Information System project sponsored by Public Services and Procurement Canada (\"PSPC\") through the Innovative Solution Canada (ISC) challenge stream. The project titled,\n \n From\n \n \n Sea to Sea to Sea, A Coastal Special Data Infrastructure for\n \n Canada\n \n \n , led by Public Services and Procurement Canada, was awarded to Minerva Intelligence for their proprietary Climate Risk technology to identify how different hazards can affect the coastline such as storm surge and sea level rise.\n \n \n This is the first phase of a multi-phase project overseen by the Innovative Solutions Canada program, a research and development program headed by the Canadian Government. Phase 1 will be adding revenue of approximately\n \n $135,000\n \n for Minerva Intelligence. Upon successful completion of the project, Minerva may be in contention for Phase II of the project that will build out the application for all of\n \n Canada\n \n and may be valued at up to\n \n $1,000,000\n \n .\n \n \n PSPC is seeking to develop an integrated coastal information portal of various sources and data types into one place along with required built-in computational tools, which will be used as a reliable one-stop decision support system for risk assessment and infrastructure design.  This expert systems solution may be critical in decision making during emergency measure operations and disaster management in case of an extreme climate event.\n \n \n One of the major challenges that PSPC is facing is the availability and reliability of complex coastal...