A clean energy innovator based out of British Columbia is being supported by the Province to expand production capacity and create jobs.
Through the BC Manufacturing Jobs Fund and the Look West strategy, the government is providing $400,000 to Quantum Technology Corp.
Squamish-based Quantum manufactures equipment to purify and liquefy gases such as hydrogen and helium, and these gases can be used as a carbon-free energy source.
The capital will help Quantum Technology double the size of its manufacturing space as well as purchase the specialized equipment it needs to meet the growing demand in the sector.
“With support from the BC Manufacturing Jobs Fund, we’re expanding our Canadian facility to enhance production of our advanced recovery, purification and liquefaction systems for specialty gases, especially helium and hydrogen,” commented Elena Baglietto, chief operating officer of Quantum Technology Crp.
“This investment strengthens B.C.’s clean tech sector, supports highly skilled jobs, and boosts our capacity to deliver specialized technologies to global markets, designed and built right here in British Columbia,” Baglietto remarked.
The BC Manufacturing Jobs Fund supports high-value industrial projects in all regions of the province, helping companies modernize and create stable supply chains and family-supporting jobs.
“B.C. companies are stepping up with innovation and expertise that’s in demand around the world,” says Paul Choi, parliamentary secretary for trade. “Investments through the BC Manufacturing Jobs Fund help businesses like Quantum Technology scale up, strengthen our export capacity, and position B.C. as a leader in advanced manufacturing.”
More than $1.2 billion is being invested in more than 155 capital projects funded through the BC Manufacturing Jobs Fund.
“B.C.’s manufacturing sector is a cornerstone of our economy, creating good jobs and building stronger, more resilient supply chains,” stated Ravi Kahlon, Minister of Jobs and Economic Growth. “That’s why we’re making strategic investments to help innovative companies like Quantum Technology grow, compete and succeed.”