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FINWIRES

Questor Technology Gets Remaining NRC IRAP Contribution

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Questor Technology (QST.V) received funding of C$305,060 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), it said in a statement on Thursday.

The company obtained the funding to support the research and development of its 1500 kW Organic Rankine Cycle (ORC) Heat-to-Power Generation System. Support for the project included advisory services and funding totaling close to C$2.35 million through the NRC IRAP Clean Technology initiative, it said.

Shares of the company closed down 1.3% to C$0.395 on Wednesday on the TSX Venture Exchange.

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