Canadian Government Initiates Program to Accelerate Domestic QC Commercial Capabilities

$1,500.00

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The Canadian government recently announced the launch of Phase 1 of the $92 million Canadian Quantum Champions Program (CQCP) designed to accelerate the domestic development of fault-tolerant quantum computers that demonstrate industrial application. For this phase, the government has signed agreements worth up to $23 million each with four Canadian-headquartered QC suppliers: Anyon Systems, Nord Quantique, Photonic and Xanadu Quantum Technologies. Additional plans call for the CQCP to establish the Benchmarking Quantum Platform initiative to undertake an expert assessment of underlying quantum technologies, working closely with the companies.