The Canadian national nonprofit organization IQC Canada Inc. recently announced that it has received CAD 18.4 million in funding from the Innovation, Science and Economic Development Canadian Strategic Science Fund (SSF). It is reported that the company is committed to collaborating with the Institute for Quantum Computing (IQC) in Canada to strengthen Canadian quantum development and maintain the country's global leadership in quantum technology.

Yesterday, Luxembourg and Belgium signed a cybersecurity deal to strengthen protection from threats against critical infrastructure in both countries. This agreement is part of the European Quantum Communication Infrastructure (EuroQCI) initiative, which aims to utilize quantum technology to strengthen the security of European infrastructures and encryption systems. It is reported that the two countries will establish a cross-border quantum communication connection within the framework of the respective national initiatives LuxQCI and BeQCI.

JPMorgan Chase recently announced that it has successfully implemented a high-speed quantum-secured crypto-agile network (Q-CAN), connecting two data centers over deployed fibers. Its third quantum node has also been established, currently serving as a next-generation quantum technology research platform for testing banking and financial applications. The Q-CAN network utilizes quantum key distribution (QKD) technology to protect multiple independent high-speed virtual private networks (VPNs).