QuantumWire

Zero Point Cryogenics, a Manufacturer of Dilution Refrigerators, Has Secured $2.67 Million CAD in Funding

Zero Point Cryogenics, a manufacturer of dilution refrigerators, recently announced that it has successfully secured a non-dilutive funding of $2.67 million CAD. This funding comprises $1.95 million CAD from PrairiesCan’s Regional Quantum Initiative and $723,500 CAD from the City of Edmonton’s Edge Fund. The company said that this funding will be used to accelerate product development, expand its team, and drive global sales.

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