Nord Quantique, a Sherbrooke-based quantum computing startup, has quietly secured a US$30 million growth equity investment from Fidelity Investments Canada, valuing the company at approximately US$1.4 billion. The deal makes Nord Quantique the fourth Canadian-founded quantum hardware company to reach unicorn status, joining D-Wave, Xanadu, and Photonic Inc. in the elite ten-figure club.

PsiQuantum and Lockheed Martin formalized a strategic collaboration aimed at accelerating the development of quantum computing applications within aerospace and defense sectors.

D-Wave Systems, a leader in quantum computing, has announced a major partnership with the US government, marking a pivotal moment in the advancement of American quantum technology.