Canada Invests $900 Million in Quantum Technology for Defence Applications - The Quantum Insider
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PRESS RELEASE — Today, the Honourable David J. McGuinty, Minister of National Defence, on behalf of the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, announced that the National Research Council of Canada (NRC) is investing over $900 million, through Canada’s Defence Industrial Strategy, in a long-term plan to support national prosperity and build a resilient domestic defence economy. Through the strategy, the Government of Canada is accelerating the development of defence and dual-use technologies to meet Canada’s defence needs and build a globally competitive Canadian defence sector. While at the University of Waterloo today, Minister McGuinty highlighted the direct funding to support the development and commercialization of quantum technologies. Quantum technology will unlock future capabilities for the Canadian Armed Forces and create countless high-paying jobs here in Canada. The Government of Canada is pursuing a long-term, whole-of-government approach to strengthening the defence industrial base as a pillar of national security, economic resilience and prosperity. “Canada’s security depends on our ability to innovate at home. Through the Defence Industrial Strategy, we are strengthening our sovereign capabilities and supporting Canadian companies in the development of next-generation aerospace, drone, quantum and biomedical technologies. This investment will help advance defence and dual-use technologies to equip the Canadian Armed Forces with cutting-edge solutions while reinforcing a resilient, globally competitive defence industrial base.” ‒ The Honourable David J. McGuinty, Minister of National Defence “The world is becoming more complex, and the global economy is rapidly evolving. Canada’s Defence Industrial Strategy positions our country to lead in emerging fields—like quantum technologies—strengthening our domestic industrial base and enabling Canadian innovators to shape the future of defence. These investments will accelerate cutting-edge dual-use technologies and deliver world-class capabilities for the Canadian Armed Forces, grow Canada’s quantum and defence sectors delivering good jobs for Canadians, and build a more resilient, competitive Canadian economy.” ‒ The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions “For over a century, the National Research Council of Canada has advanced research and innovation that strengthen our nation’s defence and security. Building on the depth of our expertise, extensive partnerships with research institutions, and connections to ambitious Canadian businesses, we remain committed to advancing sovereign defence technologies that enhance security, create prosperity and reinforce Canada’s strategic economic position for the future.” ‒ Mitch Davies, President, National Research Council of Canada Keep track of everything going on in the Quantum Technology Market. hbspt.forms.create({ portalId: "7697776", formId: "bb678241-852f-447e-b9b3-fdc974f72f81", region: "na1", onFormReady: function($form) { const conversionPageField = $form.find('input[name="conversion_page"]'); if (conversionPageField.length) { conversionPageField.val(window.location.href); } const verticalField = $form.find('input[name="vertical"]'); if (verticalField.length) { verticalField[0].value = 'Quantum'; } } }); [ivory-search id=”2367594″ title=”Custom Search Form”] One of our team will be in touch to learn more about your requirements, and provide pricing and access options. Necessary cookies are always on to ensure the website works. Optional cookies help us understand how the site is used.