Nord Quantique Receives $16 Million in Non-Dilutive Funding Through Canadian Quantum Champions Program

Insider Brief

• Nord Quantique has been selected for Phase 1 of Canada’s Quantum Champions Program, receiving up to $16M USD (CA $23M) in non-dilutive federal funding to advance scalable quantum computing.
• The funding supports technical validation and benchmarking by the National Research Council of Canada, focusing on Nord Quantique’s superconducting bosonic qubit architecture and hardware-efficient error correction.
• Nord Quantique plans to expand its team and laboratory capacity in 2026 as it advances toward utility-scale quantum systems and strengthens Canada’s domestic quantum supply chain.

PRESS RELEASE — Nord Quantique, a leading builder of quantum  computers, today announces it will receive up to $16 million (CA $23 million) as part of Phase 1 of the newly created Canadian Quantum Champions Program (CQCP). This new Canadian Government 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. 

“Canada’s investment in the Canadian Quantum Champions Program is a bold step to anchor our world class talent and companies here at home, helping drive innovation in a field that will transform our  economy and daily lives,” says the Honourable Evan Solomon, Minister of Artificial Intelligence and  Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern  Ontario, “By strengthening our quantum ecosystem, we are building long-term economic resilience  while ensuring Canada’s leadership in science and technology benefits all Canadians.” 

The consequence of this vital first step of investing in Canada’s quantum computing industry is to  solidify the ability of these companies to advance and grow in Canada. It will also support the  emergence of a strong domestic supply chain for quantum.

Nord Quantique is accelerating its ambitious growth trajectory. In 2026, these funds will be deployed to  double the size of the company’s team and build a major expansion of its laboratories. Impressive new  results on quantum error correction will also be released in the coming months.