More than $8.4 million through PrairiesCan will accelerate the development of quantum applications and products, and maintain Alberta’s leadership in this emerging sector

October 3, 2024 – Calgary, Alberta – PrairiesCan

Quantum technologies are at the leading edge of research and innovation in fields such as advanced manufacturing, transportation, finance, energy and healthcare. Alberta has strengths in quantum computing, materials, sensors and communications technology. The Government of Canada is making investments to further enable Alberta’s innovators to adopt and develop quantum solutions that have the potential to make a transformative impact on the lives of Canadians.

Today, George Chahal, Member of Parliament for Calgary Skyview, on behalf of the Honourable Dan Vandal, Minister for PrairiesCan, announced a federal investment of over $8.4 million for three projects that will strengthen Alberta’s capacity to bring new quantum products to national and international markets.

Projects receiving support include:

• Over $4.1 million for the University of Calgary’s Quantum City initiative to develop infrastructure and acquire specialized equipment aimed at supporting companies developing industrial quantum applications.
• Over $2.2 million for the University of Alberta to establish a quantum hardware innovation hub that provides industry with access to technical expertise and equipment to prototype and manufacture quantum technologies.
• Over $1.9 million for Zero Point Cryogenics to scale-up its advanced manufacturing capabilities, develop new products and services, and expand into Canadian and U.S. markets.

Today’s investments are expected to support approximately 170 jobs, directly assist 30 small- and medium-sized companies, and train 375 individuals in the field of quantum science.

PrairiesCan funding for these projects is allocated through its Regional Quantum Initiative in Alberta and is aligned with the National Quantum Strategy. As one of four regional hubs of Canadian expertise in the field of quantum technologies, Alberta is well-positioned to transform research into products and processes.