Squamish-based business receives over $2.5 million to help build British Columbia’s hydrogen ecosystem and fuel green transportation
The Government of Canada is making investments to position B.C. as a leader in clean technology and power more zero-emission vehicles
February 23, 2024 – Squamish, British Columbia – PacifiCan
Across British Columbia, forward-thinking businesses are developing solutions to global environmental challenges. In Squamish, Quantum Technology Corporation’s carbon-free hydrogen technology is creating green transportation options and strengthening Canada’s clean energy leadership on the world stage.
Today, The Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for PacifiCan, announced $2,547,500 in funding for Quantum Technology to scale-up production of its green hydrogen technology.
Quantum Technology manufactures the equipment needed to purify and liquefy gases such as hydrogen and helium. These gases can be used as a carbon-free energy source – critical for creating a net-zero future in sectors like transportation. Quantum Technology is the first Canadian company to build this equipment on a large scale. Now, their innovations are advancing clean energy projects around the world, including powering zero-emission vehicles.
This funding, provided through PacifiCan’s Business Scale-up and Productivity program, will help Quantum Technology continue to grow by improving its manufacturing process, enhancing product design, and growing its workforce to meet Canadian and global market demand. In British Columbia, Quantum Technology’s expansion will help unlock access to hydrogen as a fuel source and pave the way for greener transportation options.
Today’s investment is expected to support over 20 new jobs at Quantum Technology.