Canada has launched a quantum computing hub in Québec in in partnership with PASQAL, who will invest $90 million in the project over the next five years.

In addition to the investment by PASQAL, a French quantum computing firm, the government of Québec is providing a $15 million loan for the project.

Espace Quantique 1, located in Sherbrooke, will develop and manufacture neutral atom quantum computers and explore new uses for the technology, the province's government said.

The funding will also finance the technological laboratories and training for people working on the project. PASQAL claims the project is one of the most advanced projects in North America in the quantum computing field.

Georges-Olivier Reymond, chief executive of PASQAL, said: "Thanks to this unprecedented collaboration between the private and public sectors, we are creating an environment leading to major technological advancements, especially in terms of sustainable development.

"We aim to actively participate in the creation of a dynamic ecosystem that will serve as a catalyst for innovation in the quantum industry, while attracting talent and companies from all over the world."

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