Today, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced a total repayable investment of C$17.2 million to help 12 local companies commercialize their quantum products for the domestic and international markets and support 150 jobs.

SB Quantum of Sherbrooke, Que., was chosen to be part of John Deere’s annual Startup Collaborator program for 2024. It has developed technology based on a novel quantum magnetometer that can more accurately measure fluctuations in the Earth’s magnetic field.

The Australian Army has improved its convoy logistics thanks to a quantum route optimization demonstration by quantum control engineering company Q-CTRL.

The Port of Rotterdam Authority and digital infrastructure solutions provider Eurofiber have partnered on an innovative project that aims to transform data security at one of the largest and busiest ports in Europe. Their partnership is focused on creating an advanced Quantum Key Distribution (QKD) network that employs quantum encryption to provide the highest level of security for data transfers.

Q-CTRL, a global leader in developing useful quantum technologies through quantum control infrastructure software, was today announced as a winner of the Small Business Research Initiative (SBRI) Quantum Catalyst Fund Competition. Awarded £1 million in funding, Q-CTRL's winning proposal will deliver new quantum-hardware-optimized algorithmic solvers built on their proprietary performance management software to the Department for Transport and Network Rail. This software will address train schedule optimization for both large-scale rail networks and detailed station routing, bringing a new generation of quantum solutions to pressing government problems.

Mitsui & Co., Ltd. made a US$50M investment in Quantinuum, a leading global quantum computing company. This investment is part of Quantinuum's US$300M equity fundraise, and was completed alongside JPMorgan Chase, Honeywell and Amgen.

The project, promoted by Cinfo and Kipu Quantum on the R infrastructure, applies the computing capacity offered today by quantum computing to the Galician operator’s optical fiber backbone network, examining its robustness and resilience to potential outages and/or critical situations.

Fujitsu, Nitori Holdings Co., Ltd., and Home Logistics Co., Ltd. (hereinafter Home Logistics) today announced the introduction of a delivery optimization technology utilizing Fujitsu's quantum-inspired Digital Annealer (1) technology for use in distribution centers operated by Home Logistics, a company of the Nitori Group.

D-Wave Quantum Inc., a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, is pleased to announce a new strategic alliance with Deloitte Canada to expedite the exploration and adoption of quantum computing solutions among governments and businesses in Canada.