Last month, the National Research Council of Canada (NRC) announced that eleven Canadian companies were selected to receive funding for the development of quantum technologies. The funding follows a joint Canada-U.K. call for proposals, and is intended to support collaborations between Canadian and British companies. The British companies are receiving support from their counterpart public body, the UK Research and Innovation (UKRI).
According to the NRC, these projects “focus on developing real-world quantum technologies for commercial use in networking, sensing and scalable solutions to quantum computing as well as developing the supply chain.”
Four of the companies receiving funding are based in Quebec, three are based in each of Ontario and B.C., and one is in Alberta. The funding per company ranges from $144,000 to $691,136. NRC support for these companies and selected projects aligns with the Government of Canada’s broader National Quantum Strategy.
Author: Noah Lew
Image by https://unsplash.com/@alexkixa
Authors
Expertise
Insights
-
Technology
Boats, Drones and CO2: Former Google CEO Funds Carbon Capture Project in Antarctica
Eric Schmidt, the former CEO of Google, is leading an innovative venture in the realm of environmental science and technology. Through his foundation, Schmidt Sciences, he intends to investigate the… -
Technology
WHOOP Opens Advanced Labs: Pairing Blood Biomarkers with 24/7 Wearable Data
Human performance company WHOOP has launched WHOOP Advanced Labs (WAL), a new service that combines lab-based diagnostics with 24/7 continuous monitoring to provide a comprehensive view of the… -
Technology
Smartphone Startup Raises US$200 Million Series C to Power an AI-First Future
Smartphone startup Nothing has closed a US$200 million Series C round, led by Tiger Global, bringing its valuation to US$1.3 billion. Other investors in the round included returning investors GV… -
Technology
From Conversation to Checkout: Shopify Partners with OpenAI
Shopify, the global e-commerce giant that helps power businesses of all sizes, is taking a major leap in redefining how people shop online. In a recently announced partnership with OpenAI, Shopify… -
Technology
Meta Unveils Vibes, a New AI Video Feed for Social Media Content Creators
As reported by Reuters, Meta Platforms has launched a new feed called “Vibes,” which will allow users to share AI-generated videos on the Meta AI platform. Designed to empower content creators, Vibes… -
Technology
Ontario Launches Health Innovation Pathway to Advance Health Technology and Patient Care
In an effort to improve patient outcomes and increase efficiency within Ontario’s healthcare system, the provincial government has launched a new initiative: the Health Innovation Pathway (the “HIP…