New Waterloo Quantum Startup Gains Fast Momentum with $10.7 Million in Funding
QuantumCore, a spin‑off from the University of Waterloo’s Institute for Quantum Computing, announced $10.7 million in dilutive and non‑dilutive funding just six months after its launch. The startup is engineering a cryogenic amplifier that boosts read‑out signals from superconducting quantum chips and translates them to room‑temperature levels. Co‑founders Christopher Wilson, an IQC faculty member, and CEO Eugene Profis say the device is essential for quantum computers poised to scale to thousands of qubits. The capital raise and public listing accelerate the company’s path toward commercializing this critical hardware component.
Harnessing the Fundamental Rules of the Universe
World Quantum Day on April 14 spotlights Waterloo’s emergence as a global quantum hub. The Institute for Quantum Computing, founded in 2002 by Mike and Ophelia Lazaridis, anchors Canada’s full‑stack quantum ecosystem. Over 400 researchers collaborate with partners such as...
IQC Showcases Research and Innovation During Defence Minister Visit
Canada’s Minister of National Defence, David J. McGuinty, toured the Institute for Quantum Computing’s Quantum‑Nano Centre at the University of Waterloo, underscoring a federal commitment to fund quantum technologies for defence. The visit highlighted direct government financing aimed at accelerating research,...
New Federal Funding Set to Reinforce Canadian Quantum Tech and Innovation
The National Research Council of Canada (NRC) announced a $161 million investment over five years to boost quantum‑related defence and security research at the Institute for Quantum Computing (IQC) in Waterloo. This funding is part of a broader $900 million federal commitment...
Quantum Co-Laboratory Expands Its National Partnership, Strengthening Canada’s Leadership in Quantum Science and Technology
Canada’s Quantum Co‑laboratory has entered its second five‑year term, adding the University of Calgary’s Institute for Quantum Science and Technology to its existing partners—University of Waterloo, Université de Sherbrooke, and UBC’s Blusson Quantum Matter Institute. The expanded network provides researchers,...
IQC Appoints Dr. John Watrous in New Director Role Set to Expand the Institute's Educational Programs
The Institute for Quantum Computing (IQC) announced that Dr. John Watrous, a former faculty member and interim executive director, will serve as the new Director of Education and Training. In this role, Watrous will lead an effort to broaden IQC’s...