QuantumCore Partners with Institute of Quantum Computing in $1.7 million Non-Dilutive Grant from NSERC
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Insider Brief QuantumCore partnered with the Institute for Quantum Computing at the University of Waterloo and joined an NSERC Alliance Quantum grant program worth up to $1.7 million. The collaboration supports development of superconducting TWPA amplifiers, critical for low-noise signal readout in quantum systems. The initiative provides access to advanced research infrastructure and aims to accelerate scalable quantum hardware development. PRESS RELEASE — QuantumCore Inc. (CSE: QNCR) (“QuantumCore” or the “Company”) today announced a deepened collaboration with the Institute for Quantum Computing (IQC) at the University of Waterloo, alongside its inclusion as an industry partner in the Natural Sciences and Engineering Research Council of Canada’s (“NSERC”) Alliance Quantum grant program with a total value of up to $1.7 million. The funding is non-dilutive, enabling QuantumCore to accelerate development of its superconducting traveling-wave parametric amplifier (TWPA) platform. Through its collaboration with IQC and NSERC, QuantumCore gains access to a world-class quantum ecosystem, including the laboratories of Prof. Christopher Wilson, advanced cryogenic measurement infrastructure, and the University’s Quantum-Nano Fabrication and Characterization Facility (QNFCF). These capabilities are expected to significantly enhance the Company’s ability to design, fabricate, and test next-generation quantum amplifier technologies. The NSERC Alliance Quantum-supported initiative focuses on the development of high-performance TWPA amplifiers, a critical component for scaling superconducting quantum computers. These amplifiers enable low-noise signal readout at ultra-low temperatures, improving qubit fidelity while minimizing thermal disruption, one of the central roadblocks in quantum computing architectures. “This collaboration places QuantumCore at the intersection of cutting-edge academic research and industrial-scale commercialization,” said Eugene Profis, Chief Executive Officer of QuantumCore. “Access to IQC’s infrastructure and Professor Wilson’s lab through the NSERC Alliance Quantum Grant provides a powerful platform to advance our amplifier technology. The non-dilutive NSERC funding also allows us to accelerate development without impacting shareholder value.” The Company’s inclusion in the NSERC Alliance Quantum program reflects the strategic importance of its amplifier platform within Canada’s broader quantum innovation agenda. By combining academic expertise with industry execution, QuantumCore is positioning itself as a key infrastructure provider in the rapidly evolving quantum computing sector. QuantumCore’s amplifier roadmap is designed to support the scaling of superconducting quantum systems, where maintaining signal integrity and minimizing heat at cryogenic temperatures are essential. As quantum processors evolve toward larger qubit counts, enabling technologies such as TWPAs are expected to play a foundational role in unlocking performance and commercial viability.
Mohib Ur Rehman LinkedIn Mohib has been tech-savvy since his teens, always tearing things apart to see how they worked. His curiosity for cybersecurity and privacy evolved from tinkering with code and hardware to writing about the hidden layers of digital life. Now, he brings that same analytical curiosity to quantum technologies, exploring how they will shape the next frontier of computing. Share this article: