Overview
- Phase 1 launched December 15 with up to $92 million in total commitments to Anyon Systems, Nord Quantique, Photonic and Xanadu.
- The National Research Council will stand up a Benchmarking Quantum Platform to assess technical progress toward logical qubits and fault tolerance.
- Funding flows from Budget 2025’s $334.3 million quantum allocation and the Defence Industrial Strategy’s $6.6 billion framework, reflecting commercial and defence objectives.
- Future phases are expected to offer larger, milestone‑dependent support contingent on demonstrated technical advances and industrial applicability.
- The effort aligns with the U.S. DARPA Quantum Benchmarking Initiative, where Photonic, Nord Quantique and Xanadu advanced toward potential US$316 million awards by 2033, while Anyon declined to participate over intellectual‑property concerns.