News Summary

Photonic, a quantum computing startup based in British Columbia, is set to open a new research and development facility in the United Kingdom as part of its international expansion strategy. This move will see Photonic investing over £25 million (approximately $46 million CAD) and creating more than 30 high-paying, technical jobs in the UK over the next three years. The establishment of this facility aims to strengthen Canada’s leadership in quantum innovation while fostering transatlantic collaboration. Photonic’s founder, Stephanie Simmons, emphasized the strategic importance of this expansion, noting that it will enhance the company’s global scalability and reinforce Canada’s position in the quantum technology sector. The expansion is backed by investors and partners from Canada, the UK, and the US, including Microsoft and various venture capital firms. This initiative aligns with the UK government’s National Quantum Strategy, further deepening the collaboration between Canada and the UK in areas of strategic national importance such as quantum computing and cybersecurity.