Nord Quantique Receives $23 Million in Non-Dilutive Funding Through Canadian Quantum Champions Program
Source: | · NORD QUANTIQUE · | December 15, 2025
Canadian Government’s Financial Commitment to Quantum Computing Now Paves the Way for Larger Contracts Abroad for Nord Quantique
Nord Quantique, a leading builder of quantum computers, today announces it will receive up to CA $23 million (US $16 million) as part of Phase 1 of the newly created Canadian Quantum Champions Program (CQCP). This new federal initiative, led by Innovation, Science and Economic Development Canada (ISED), is designed to support the development of scalable and useful quantum computers in Canada, by Canadian companies. As a part of the CQCP, the National Research Council of Canada will establish the Benchmarking Quantum Platforms initiative to undertake an expert assessment of the underlying quantum technologies, working closely with the companies. This initiative will use an interdisciplinary, science-based approach to evaluate each company’s technical progress.
Nord Quantique was selected for CQCP thanks to the capabilities of its patented superconducting quantum circuits, which correct errors at the individual qubit level and accelerate progress toward utility-scale quantum computing. The company is recognized globally for its pioneering work in bosonic qubit architectures and hardware-efficient quantum error correction, enabling longer coherence times and scalable logical qubit designs required to reach utility-scale.
“This is a crucial step in accelerating the development of Canada’s quantum sector. We commend the Federal government and ISED for acting swiftly at a crucial moment for our industry” said Julien Camirand Lemyre, CEO and Co-Founder at Nord Quantique. “This kind of decisive action keeps Canada at the forefront in the race to build utility-scale quantum computers. This investment is foundational for cultivating a strong quantum computing industry in this country. And it is a clear indication to both foreign and domestic investors that Canada is serious about quantum.”
There has been an acceleration of investment in quantum globally in recent months. This initiative constitutes a vital backing for Canada’s quantum industry, helping it to keep pace with international competitors. Canada has recognized the importance of a strong quantum computing industry and taken action.