Vancouver, British Columbia, May 30, 2024 -- Quantum science examines the behaviour of matter and energy at the smallest scale. It has led to groundbreaking technological advances, such as new medicines, more efficient and secure digital communications, and new approaches to tracking and forecasting climate change. British Columbia is an early pioneer in the global quantum ecosystem and is poised for further growth.

Today, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced over $11 million in PacifiCan funding to three B.C.-based organizations leading innovation in quantum computing. This includes:

• Over $3.4 million to 1QB Information Technologies, Inc. (1QBit) to develop and commercialize their Topological Quantum Architecture Design (TopQAD™️);
• $4.3 million to Simon Fraser University to establish the Quantum Fabrication Centre at the university’s 4D LABS facility; and,
• Over $3.2 million to the University of British Columbia to increase their capacity to commercialize quantum technologies at the Stewart Blusson Quantum Matter Institute.

Today’s investments are the first three B.C.-based projects funded under the Regional Quantum Initiative. They will help solidify Canada’s reputation as a leader in quantum science. It is anticipated that today’s announcements will benefit 41 businesses.

As part of the Government of Canada’s National Quantum Strategy, PacifiCan is delivering the Regional Quantum Initiative in British Columbia. The Regional Quantum Initiative will boost Canada’s global position by helping companies and organizations create good jobs and commercialize quantum technology in Canada and around the world.