loop energy inc on monday said it received c975 million from the canadian governments pacific economic development canadas jobs and growth fund the company said the funding would be used to increase the manufacturing capacities of its hydrogen fuel cell stacks and modules at its burnaby canada manufacturing facility loop said it plans to increase fuel cell stack and module production by integrating testing equipment adding an additional production line and identifying opportunities for vertical integration to secure its supply chain loop energy said it will receive the funding in 2022 through 2025 as an interestfree loan which it is required to start repaying beginning in 2025