Qubic Secures Nearly CAD$1M to Develop Quantum Heat Dissipation Technology
Summary
Qubic secured a CAD 925,000 grant from the Canadian government to support a CAD 2.5 million project. The company will use the funding to develop cryogenic amplifiers made from quantum materials that reduce heat in quantum computing systems. Qubic says the technology can remove a major scaling barrier and plans to bring the product to market in 2026. The company is also discussing a pre-seed investment round and expects to announce a first customer in the coming months.
Funding
Amount
$668.6K
Total raised
Date
September 5, 2025
Announcement date
Investors
Status of Women Canada
Lead investors
Company
https://qubictech.co/fr/accueil/
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
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