• Fri. Jun 2nd, 2023

Ericsson, Government of Canada Includes Quantum in $470 Million (CAD) R&D Investment


Apr 23, 2023

Insider Transient

  • Ericsson and the Canadian authorities’s CAD 470 million, five-year analysis and improvement partnership will embrace help for quantum computing.
  • The funding, at Ericsson’s Ottawa, Ontario and Montreal, Quebec services, is predicted to create and upskill a whole lot of jobs.
  • Picture: Canadian Prime Minister Justin Trudeau and Ericsson President and CEO, Börje Ekholm, share a greeting on the funding announcement. (Credit score: Ericsson)

PRESS RELEASE — A five-year R&D partnership valued at greater than CAD 470 million between Ericsson and the Authorities of Canada is about to place the nation on the forefront of worldwide improvement in next-generation communications applied sciences. The funding, at Ericsson’s Ottawa, Ontario and Montreal, Quebec services, is predicted to create and upskill a whole lot of jobs – strengthening the websites as international leaders in 5G Superior, 6G, AI, Cloud RAN, and Core Community applied sciences.

The funding will even help the growth of analysis services and workers help for quantum computing at Ericsson’s recently established Quantum Research hub in Montreal.

The Rt. Hon. Justin Trudeau, Prime Minister of Canada, says: “Right now’s announcement is additional proof that Canadian staff have the expertise the world must develop sooner and safer web connection and different wi-fi companies. As we proceed to help innovation, we’re creating good jobs, strengthening the center class, and guaranteeing Canada stays a world chief in know-how.”

Börje Ekholm, President and CEO, Ericsson, says: “We’re already seeing the advantages of next-generation applied sciences reminiscent of 5G and AI, but we’re nonetheless within the early days of their potential to rework our work, leisure, and social lives. Ericsson’s R&D funding partnership with the Canadian authorities, supported by world-class expertise in Ottawa and Montreal, will enhance innovation and in the end assist to enhance the lives of thousands and thousands of individuals. We’re decided to steer our business by means of continued R&D funding.”

The Hon. François-Philippe Champagne, Canada’s Minister of Innovation, Science and Business, says: “Canadians deserve robust, safe, and dependable wi-fi networks and companies. By investing in Ericsson Canada, our authorities continues to help and strengthen the 5G networks of immediately and 6G networks of the long run. The partnership additionally additional solidifies Canada as a world chief in next-generation networks and creates extra well-paying jobs.”

Jeanette Irekvist, President of Ericsson Canada, says: “Ericsson is proudly commemorating 70 years of innovation and operations in Canada this yr. Right now, we show our continued dedication to Canada with this high-tech R&D funding announcement. The advantages of this undertaking will strengthen Canada’s know-how experience that’s second-to-none, will bolster Ericsson’s world-class R&D centres, and is a testomony to the focus of expertise right here within the Ottawa-area and in Montreal.”

Mark Sutcliffe, Mayor, Metropolis of Ottawa, says: “I’m enthusiastic about Ericsson’s new funding in its Ottawa R&D centre, completely suited to a metropolis deeply rooted in modern applied sciences and the consultants that create them. Supporting Analysis and Growth centres like this helps to make our financial system stronger. Once we put money into analysis and innovation, we put money into the success of our residents and the modernization of our metropolis.”

The brand new funding will even allow Ericsson Canada to onboard as much as 60 extra interns per yr – 300 throughout the five-year timeline – to spice up ongoing educational partnerships. Most of those college students can be based mostly within the Montreal and Ottawa R&D centres.

Already Ericsson’s key North American R&D facility, the Ottawa web site occupies 25,000 sq m – of which greater than 4,300 sq m is solely devoted to lab operations, together with the not too long ago established Ericsson Open Lab.

70 Years of connecting Canadians

Ericsson Canada has performed an important position within the nation’s innovation ecosystem for 70 years, together with supporting communications service suppliers by means of each technology of cell communication. Ericsson Canada can also be a accomplice within the nationwide ecosystem community aimed toward fostering 5G adoption and collaboration in Canada.

Ericsson Canada has R&D centres and workplaces in Montreal, Ottawa and Toronto and is among the many main R&D spenders within the nation – averaging some CAD 345 million per yr.

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