Investing in quantum sector with funding for Numana

eAwazLifestyle

CED provides the organization with $3.6 million in financial assistance to build a quantum communication infrastructure.

Montréal – Support for the adoption, commercialization and export of quantum technologies not only helps Quebec organizations position themselves in this emerging field, but also strengthens Canada’s global leadership. That is why Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, today announced a $3.6 million non-repayable contribution for Numana. The CED funding will be used to help set up fibre-reinforced and overhead quantum communication testbeds in Montréal, Québec and Sherbrooke, three loops that will eventually be interconnected in a later phase of the project.

Numana acts as a catalyst for technological innovation by facilitating and enhancing technology transfer within the information and communication technologies (ICT) ecosystem. In addition to enhancing cybersecurity, Numana’s quantum communication infrastructure project will also help raise Quebec to the level of the international leaders in the sector’s innovation chain. CED’s contribution will serve to provide managerial and technical support for the implementation of the project, equipment acquisition, and national and international commercialization.

To support Canada’s quantum sector and solidify the country’s position among leaders in this fast‑growing field, the Government of Canada has developed a National Quantum Strategy. The goal of the Strategy is to help Canadian businesses adopt quantum science so that they can position themselves in this emerging field and generate economic benefits for the entire community.

“Quebec and Canada are staking out their position in the economy of the future, and our government is there to support businesses that are turning towards quantum technology. Numana’s project will transform our economy, ensure our long-term growth and shape our future competitiveness. By supporting innovation in this way, we are helping ensure that Quebec’s SMEs and organizations are well-positioned and that we strengthen our global leadership in this emerging field of quantum science. I would like to congratulate Mr. Borrelli, as well as the entire team involved in this catalyst of technological innovation.” – Soraya Martinez Ferrada, MP for Hochelaga, Minister of Tourism and Minister responsible for CED