CALGARY, AB (March 25, 2025): NGIF Accelerator, a leading cleantech accelerator for Canada’s natural gas sector, has announced a funding contribution of $402,000 to Qube Technologies (Qube) for emissions localization and quantification through continuous methane emission monitoring systems. Provided through the Industry Grants program, the funding will support Qube’s mission to transform environmental monitoring in the oil and gas industry.
Qube, a Global Cleantech Challenge finalist and a pioneer in environmental monitoring solutions, has developed an end-to-end continuous monitoring system that uses advanced sensors and powerful machine-learning algorithms. This technology detects methane emissions, quantifies them, and pinpoints their source accurately.
Qube has already made significant strides in the industry by deploying over 6,000 units of their monitoring device at more than 1,000 sites, becoming the first technology provider to receive regulatory approval for continuous monitoring technology in North America, and partnering with leading oil and gas operators across the globe.
Image: Qube’s Emissions Monitoring Device
Fully embedded in the NGIF ecosystem with an equity investment from NGIF Capital and live testing through the NGIF Emissions Testing Centre Program, NGIF Accelerator’s funding will allow Qube to further refine its technology and provide operators with the necessary tools to develop more efficient emissions management practices.
“We are excited to support Qube in their mission to transform environmental monitoring, aligning with our commitment to driving innovation in Canada’s natural gas industry,” said John Adams, President and CEO of NGIF Accelerator. “Our Industry Grants program and its focus on de-risking clean technologies through field trials and pilots are part of NGIF’s integrated model of industry validation, customer creation, and technology commercialization.”
“Qube is excited to receive funding through NGIF Accelerator and continue to provide a solution for emissions monitoring across Canada and globally, as we see the emerging importance for operators to understand their site-level emissions to properly manage and reduce their greenhouse gas emissions,” says Alex MacGregor, Qube’s CEO. “This project will allow Qube to further refine its technology and provide operators with the ability to continuously detect, localize, and quantify their emissions in a scalable way.”
“Canadians want and need the affordable, reliable, and low-emission energy service offering they have come to expect from the natural gas industry. When we created NGIF, it was our vision to bring the entire natural gas value chain together to support cleantech development that enhances environmental and economic performance for the sector. I am glad to see our vision in action as NGIF continues to support innovations like Qube’s monitoring system,” said Timothy M. Egan, President and CEO, Canadian Gas Association and Chair, NGIF Capital Corporation.
Industry Grants’ Participants and Project Partners
About Industry Grants program
The Industry Grants program is industry-led and offers non-dilutive grants to fund early-stage startups for technology development and field demonstration. The program specifically de-risks pre-commercial technology solutions that have the potential to increase the environmental performance of the natural gas sector. Each project in the program will accelerate technology readiness level progressions through controlled pilot testing and field trials to advance commercialization.
About NGIF Accelerator
NGIF Accelerator is the not-for-profit arm of NGIF Capital and operates all technology and innovation programs. The NGIF Accelerator mandate is to de-risk and accelerate technology development by supporting startups through their pilot projects, field trials, and industry validation. It will coordinate with federal and provincial governments to co-fund projects to advance market commercialization. NGIF Accelerator currently operates the Industry Grants program and administers the NGIF Emissions Testing Centre program.
About Qube Technologies
Qube is a Calgary-based technology company that has developed a low-cost environmental surveillance technology. Our mission is to help primary industries, such as oil and gas, cost-effectively detect, quantify, and reduce methane and other emissions. Qube is currently working with leading operators across Canada and the US and has support from a wide range of investors and government bodies. Please visit www.qubeiot.com for more information.
About Canadian Gas Association
The Canadian Gas Association (CGA) is the voice of Canada’s gas energy delivery industry, including natural gas, renewable natural gas (RNG), and hydrogen. Its members are distribution and transmission companies, equipment manufacturers and suppliers and other service providers. Today, natural gas meets almost 40 per cent of the country’s energy needs.
Fund Information:
John Adams
President and CEO, NGIF Accelerator
President and CEO, NGIF Capital Corporation
Media Information:
Ayoola Ajibare
Communications Coordinator, NGIF Capital Corporation
(403)-389-2212
aajibare@ngif.ca
