SoatDev IT Consulting
SoatDev IT Consulting
  • About us
  • Expertise
  • Services
  • How it works
  • Contact Us
  • News
  • June 28, 2023
  • Rss Fetcher

Global innovation clusters NGen and DIGITAL announced yesterday that they have partnered to launch C$30 million in projects aimed at driving the commercialization of quantum technologies.
NGen, based in Concord, Ont., is a global innovation cluster for advanced manufacturing while DIGITAL, formerly known as the Digital Technology Supercluster, is a global innovation cluster for digital technologies based in Vancouver, B.C..
The clusters will receive C$14 million under the National Quantum Strategy, which they seek to leverage with partners to attract more than C$30 million in total investments for the quantum projects.
NGen and DIGITAL will conduct the project selection process in parallel and then identify which clusters are best suited to undertake each project. Those projects, which are slated to be completed by March 2028, will be funded on a reimbursement basis.
Over the coming weeks, the clusters will provide more information on the mechanics of the program, including priority sectors for applications and a formal call for proposals, as well as eligibility criteria for the projects.
The release, however, notes that the quantum projects will focus on the following key areas:

Quantum sensors – photonics and transducers, chip-based quantum systems
Quantum networks – quantum communications, quantum key distribution, quantum internet
Quantum computing – quantum software, cryptography, algorithms, information processing, hybrid applications, hardware, and middleware

This five-year funding initiative will see the two clusters working with companies to develop their projects and create strategies to protect and commercialize their intellectual property (IP) as well as identifying project partners.
“We’re set up to invest in collaborative projects,” said chief executive officer (CEO) of Ngen, Jayson Myers. “Quantum is a really powerful technology on its own. But it needs to be integrated with other technologies. It’s fabulous computing power, but what are you computing and how are you computing?”
The key to quantum being successful, he added, is that it’s able to leverage other technologies and that it is focused on a particular problem or application.
Innovation Minister François-Philippe Champagne praised the work of the innovation clusters and said that these cutting-edge projects will shape the future, support a resilient economy and give Canada a competitive edge for decades to come.
The government’s C$360 million commitment to R&D, developing and retaining quantum talent, and commercialization of quantum products under the National Quantum Strategy, announced earlier this year, is the single biggest investment made towards the budding technology.
Myers explained that while Canada is leading in R&D, the country is not in a position to fully take advantage of quantum. And the technology is not going to be used for everything or be meant to tear down existing computing systems. It’s “a whole level up”, he said, be it to enable applications of AI, autonomy, and control, or developing new materials for EVs or batteries.
But what would get Canada ready for quantum, he said, is the pace at which companies can demonstrate the use cases of their quantum projects, scale these capabilities in Canada itself, and be able to commercialize on a global level.The post Backed by the National Quantum Strategy, NGen and DIGITAL team up to launch $30 million for quantum projects first appeared on IT World Canada.

Previous Post
Next Post

Recent Posts

  • Karat Financial is bringing business banking to creators
  • Odyssey’s new AI model streams 3D interactive worlds
  • Spotify amps up podcast discovery with new features
  • Google Photos debuts redesigned editor with new AI tools
  • Meta wants to open more retail stores

Categories

  • Industry News
  • Programming
  • RSS Fetched Articles
  • Uncategorized

Archives

  • May 2025
  • April 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023

Tap into the power of Microservices, MVC Architecture, Cloud, Containers, UML, and Scrum methodologies to bolster your project planning, execution, and application development processes.

Solutions

  • IT Consultation
  • Agile Transformation
  • Software Development
  • DevOps & CI/CD

Regions Covered

  • Montreal
  • New York
  • Paris
  • Mauritius
  • Abidjan
  • Dakar

Subscribe to Newsletter

Join our monthly newsletter subscribers to get the latest news and insights.

© Copyright 2023. All Rights Reserved by Soatdev IT Consulting Inc.