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Briefing

Quantum patents push shows field moving to commercialize: Report

Canadians own 14 per cent of patents filed in Canada, according to analysis from the Quantum Algorithms Institute (QAI) in Surrey, B.C. The total volume of applications jumped from 2015 onwards, suggesting quantum technologies are “transitioning out of research labs and into companies,” the report said. (The Logic)

Briefing

Quantum patents push shows field moving to commercialize: Report

By Murad Hemmadi
Jun 20, 2024
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Canadians own 14 per cent of patents filed in Canada, according to analysis from the Quantum Algorithms Institute (QAI) in Surrey, B.C. The total volume of applications jumped from 2015 onwards, suggesting quantum technologies are “transitioning out of research labs and into companies,” the report said. (The Logic)

Talking point: Canadian research strength in quantum—a field of technologies with a range of potential applications, including significantly faster computers that could crack current cryptography and help discover new drugs—has translated into a number of startups. The QAI counts nearly 50 that are building quantum products, including Toronto’s Xanadu and Vancouver’s Photonic and Good Chemistry. Innovation-economy players have warned that the country risks falling behind on IP in the field; QAI finds U.S. and European filers held more Canadian patents than domestic firms and researchers. The report also found the country is losing quantum-capable workers to the U.S., noting there’s a global need to train more people to work in the field.

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