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The province said growth in the quantum technologies sector would help attract talent to the province, create long-term jobs, and help commercialize new technologies in areas like molecular chemistry, large-scale biological research, geological exploration, space technology and quantum satellite communications.

Diversifying our economy has never been more important, Schweitzer said.

Thats why we are investing in the U of Cs quantum technology project. Establishing Alberta as a leader in quantum technologies will give a competitive boost to our economy and create new jobs today and for the future.

Another $3.9 million will be dedicated for research on antimicrobial resistance, which is when bacteria or viruses stop responding as effectively to treatment. The research will support infection prevention and control strategies.

The other $4.9 million in funding, through the Research Capacity Program, will support U of CsSMILE-UVI satellite project.

The province said this funding would contribute to the international space mission. It would also fund research to study how space radiation impacts the upper atmosphere, industrial infrastructure, and technology in applications like enhanced GPS and satellite imaging in oil and gas mining.

That research is just critical for us in our diversification efforts, said Schweitzer.

So many of us can rattle off names of oil and gas companies, but many of us, were just starting to scratch the surface on our potential here when it comes to these emerging companies.

Read more from the original source:

Province gives $11.8M to U of C for quantum research, other projects - Calgary Herald