Category Archives: business

Corporate venture capital (CVC) and the nanotechnology market plus 2023’s top 10 countries’ nanotechnolgy patents

I have two brief nanotechnology commercialization stories from the same publication.

Corporate venture capital (CVC) and the nano market

From a March 23, 2024 article on statnano.com, Note: Links have been removed,

Nanotechnology’s enormous potential across various sectors has long attracted the eye of investors, keen to capitalise on its commercial potency.

Yet the initial propulsion provided by traditional venture capital avenues was reined back when the reality of long development timelines, regulatory hurdles, and difficulty in translating scientific advances into commercially viable products became apparent.

While the initial flurry of activity declined in the early part of the 21st century, a new kid on the investing block has proved an enticing option beyond traditional funding methods.

Corporate venture capital has, over the last 10 years emerged as a key plank in turning ideas into commercial reality.

Simply put, corporate venture capital (CVC) has seen large corporations, recognising the strategic value of nanotechnology, establish their own VC arms to invest in promising start-ups.

The likes of Samsung, Johnson & Johnson and BASF have all sought to get an edge on their competition by sinking money into start-ups in nano and other technologies, which could deliver benefits to them in the long term.

Unlike traditional VC firms, CVCs invest with a strategic lens, aligning their investments with their core business goals. For instance, BASF’s venture capital arm, BASF Venture Capital, focuses on nanomaterials with applications in coatings, chemicals, and construction.

It has an evergreen EUR 250 million fund available and will consider everything from seed to Series B investment opportunities.

Samsung Ventures takes a similar approach, explaining: “Our major investment areas are in semiconductors, telecommunication, software, internet, bioengineering and the medical industry from start-ups to established companies that are about to be listed on the stock market.

While historically concentrated in North America and Europe, CVC activity in nanotechnology is expanding to Asia, with China being a major player.

China has, perhaps not surprisingly, seen considerable growth over the last decade in nano and few will bet against it being the primary driver of innovation over the next 10 years.

As ever, the long development cycles of emerging nano breakthroughs can frequently deter some CVCs with shorter investment horizons.

2023 Nanotechnology patent applications: which countries top the list?

A March 28, 2024 article from statnano.com provides interesting data concerning patent applications,

In 2023, a total of 18,526 nanotechnology patent applications were published at the United States Patent and Trademark Office (USPTO) and the European Patent Office (EPO). The United States accounted for approximately 40% of these nanotechnology patent publications, followed by China, South Korea, and Japan in the next positions.

According to a statistical analysis conducted by StatNano using data from the Orbit database, the USPTO published 84% of the 18,526 nanotechnology patent applications in 2023, which is more than five times the number published by the EPO. However, the EPO saw a nearly 17% increase in nanotechnology patent publications compared to the previous year, while the USPTO’s growth was around 4%.

Nanotechnology patents are defined based on the ISO/TS 18110 standard as those having at least one claim related to nanotechnology orpatents classified with an IPC classification code related to nanotechnology such as B82.

From the March 28, 2024 article,

Top 10 Countries Based on Published Patent Applications in the Field of Nanotechnology in USPTO in 2023

Rank1CountryNumber of nanotechnology published patent applications in USPTONumber of nanotechnology published patent applications in EPOGrowth rate in USPTOGrowth rate in EPO
1United States6,9264923.20%17.40%
2South Korea1,71547613.40%8.40%
3China1,6275694.20%47.40%
4Taiwan1,118615.00%-12.90%
5Japan1,113445-1.20%9.30%
6Germany484229-10.20%15.70%
7England331505.10%16.30%
8France323145-8.00%17.90%
9Canada290125.10%-14.30%
10Saudi Arabia268322.40%0.00%
1- Ranking based on the number of nanotechnology patent applications at the USPTO

If you have a bit of time and interest, I suggest reading the March 28, 2024 article in its entirety.

Collaborative research agreement (CRA) with McMaster University (Canada) for development of catheter coating

I don’t always do as good a job at covering the commercialization of emerging technologies as I’d like, so, this December 13, 2023 news item on Yahoo News was a welcome discovery,

Oakville, Ontario–(Newsfile Corp. – December 13, 2023) – FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the “Company” or “FendX“), a nanotechnology company developing surface protection coatings is pleased to announce it has entered into a Collaborative Research Agreement (“CRA“) dated December 12, 2023 with McMaster University (“McMaster“) which details the research and development plan to create a protective catheter coating using our nanotechnology licensed pursuant to the license agreement dated February 5, 2021, as amended, between the Company and McMaster.

Dr. Carolyn Myers, President and CEO of FendX, stated, “We are excited about the prospect of developing a coating for catheters using our nanotechnology which we believe will reduce catheter blockage caused by either blood clots or bacterial biofilms. Early work conducted at McMaster has demonstrated significant reduction in the adherence of both bacteria and blood which could potentially translate to reduced bacterial biofilm or blood clot formation. [emphasis mine] Our aim is to further this research to tackle the medical need to reduce catheter blockage rates, which can be costly and interfere with patient therapy. We anticipate the development of this coating formulation will also strengthen our overall intellectual property portfolio.”

The CRA outlines more fully the research and development work to be conducted by McMaster on behalf of FendX as well as a payment schedule for the maximum research funding requirements. The term of the CRA is for 24 months commencing on the effective date of December 1, 2023, unless terminated in accordance with the provisions of the CRA. In the first and second year, maximum research funding to McMaster will be $150,547 each year.

About FendX Technologies Inc.

FendX is a Canada-based nanotechnology company focused on developing products to make people’s lives safer by reducing the spread of pathogens. The Company is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP™ film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The Company has an exclusive worldwide license to its technology and IP portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.

For more information, please visit https://fendxtech.com/ and the Company’s profile on SEDAR+ at www.sedarplus.ca.

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; statements regarding the catheter coating development and anticipated benefits; the Company’s belief that the catheter coating could reduce catheter occlusions caused by either blood clots or bacterial biofilms; statements regarding strengthening the Company’s overall intellectual property portfolio; the Company’s belief that REPELWRAP™ will have applications in healthcare settings and other industries; and products under development and any pathogen reduction benefits related thereto. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and involve several risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and that actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: product candidates only being in formulation/reformulation stages; limited operating history; research and development activities; dependence on collaborative partners, licensors and others; effect of general economic and political conditions; and other risk factors set forth in the Company’s public filings which are available on SEDAR+ at www.sedarplus.ca. Accordingly, the reader is urged to refer to the Company’s such filings for a more complete discussion of such risk factors and their potential effects. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors should change.

FendX offers next to no information about their technology or the proposed work with McMaster as seen in this excerpt from the Our Technology webpage on the FendX website,

Our patent-pending licensed nanotechnology works by combining a hierarchical wrinkled molecular structure with chemical functionalization to create nano-surfaces with repelling properties that prevent adhesion of bacteria, viruses and liquids.

Inspired by the water-resistant surface of the lotus leaf

Our nanotechnology causes both high surface tension (e.g., water) and low surface tension (e.g., oil) liquids to form droplets when they come in contact with the nano-surface.

The repelling properties of our nano-surfaces prevents adhesion of bacteria and viruses.

We believe our technology will have numerous applications and opportunities in healthcare and other industries.

That’s it. No technical details and not a single research study is cited.

While McMaster University doesn’t seem to have issued any news releases about their joint research effort with FendX, there are two research papers that I’m reasonably confident are relevant. From the Didar Lab Publications webpage, here are links and citation for both papers,

An omniphobic lubricant-infused coating produced by chemical vapor deposition of hydrophobic organosilanes attenuates clotting on catheter surfaces by Maryam Badv, Iqbal H. Jaffer, Jeffrey I. Weitz & Tohid F. Didar. Scientific Reports volume 7, Article number: 11639 (2017) DOI: https://doi.org/10.1038/s41598-017-12149-1 Published: 14 September 2017

This paper is open access.

Highly Stable Hierarchically Structured All-Polymeric Lubricant-Infused Films Prevent Thrombosis and Repel Multidrug-Resistant Pathogens by Elisabet Afonso, Fereshteh Bayat, Liane Ladouceur, Shadman Khan, Aránzazu Martínez-Gómez, Jeffrey I. Weitz, Zeinab Hosseinidoust, Pilar Tiemblo, Nuria García, and Tohid F. Didar. CS Appl. Mater. Interfaces 2022, 14, 48, 53535–53545 DOI: https://doi.org/10.1021/acsami.2c17309 Publication Date: November 22, 2022 Copyright © 2022 American Chemical Society

This paper is behind a paywall.

Hype, hype, hype: Vancouver’s Frontier Collective represents local tech community at SxWS (South by Southwest®) 2024 + an aside

I wonder if Vancouver’s Mayor Ken Sim will be joining the folks at the giant culture/tech event known as South by Southwest® (SxSW) later in 2024. Our peripatetic mayor seems to enjoy traveling to sports events (FIFA 2023 in Qatar), to Los Angeles to convince producers of a hit television series, “The Last of Us,” that they film the second season in Vancouver, and, to Austin, Texas for SxSW 2023. Note: FIFA is Fédération internationale de football association or ‘International Association Football Federation’.

It’s not entirely clear why Mayor Sim’s presence was necessary at any of these events. In October 2023, he finished his first year in office; a business owner and accountant, Sim is best known for his home care business, “Nurse Next Door” and his bagel business, “Rosemary Rocksalt,” meaning he wouldn’t seem to have much relevant experience with sports and film events.

I gather Mayor Sim’s presence was part of the 2023 hype (for those who don’t know, it’s from ‘hyperbole’) where SxSW was concerned, from the Vancouver Day at SxSW 2023 event page,

Vancouver Day

Past(03/12/2023) 12:00PM – 6:00PM

FREE W/ RSVP | ALL AGES

Swan Dive

The momentum and vibrancy of Vancouver’s innovation industry can’t be stopped!

The full day event will see the Canadian city’s premier technology innovators, creative tech industries, and musical artists show why Vancouver is consistently voted one of the most desirable places to live in the world.

We will have talks/panels with the biggest names in VR/AR/Metaverse, AI, Web3, premier technology innovators, top startups, investors and global thought-leaders. We will keep Canada House buzzing throughout the day with activations/demos from top companies from Vancouver and based on our unique culture of wellness and adventure will keep guests entertained, and giveaways will take place across the afternoon.

The Canadian city is showing why Vancouver has become the second largest AR/VR/Metaverse ecosystem globally (with the highest concentration of 3D talent than anywhere in the world), a leader in Web3 with companies like Dapper Labs leading the way and becoming a hotbed in technology like artificial intelligence.

The Frontier Collective’s Vancouver’s Takeover of SXSW is a signature event that will enhance Vancouver as the Innovation and Creative Tech leader on the world stage.It is an opportunity for the global community to encounter cutting-edge ideas, network with other professionals who share a similar appetite for a forward focused experience and define their next steps.

Some of our special guests include City of Vancouver Mayor Ken Sim [emphasis mine], Innovation Commissioner of the Government of BC- Gerri Sinclair, Amy Peck of Endeavor XR, Tony Parisi of Lamina1 and many more.

In the evening, guests can expect a special VIP event with first-class musical acts, installations, wellness activations and drinks, and the chance to mingle with investors, top brands, and top business leaders from around the world.

To round out the event, a hand-picked roster of Vancouver musicians will keep guests dancing late into the night.

This is from Mayor Sim’s Twitter (now X) feed, Note: The photographs have not been included,

Mayor Ken Sim@KenSimCity Another successful day at #SXSW2023 showcasing Vancouver and British Columbia while connecting with creators, innovators, and entrepreneurs from around the world! #vanpoli#SXSW

Last edited from Austin, TX·13.3K Views

Did he really need to be there?

2024 hype at SxSW and Vancouver’s Frontier Collective

New year and same hype but no Mayor Sim? From a January 22, 2024 article by Daniel Chai for the Daily Hive, Note: A link has been removed,

Frontier Collective, a coalition of Vancouver business leaders, culture entrepreneurs, and community builders, is returning to the South by Southwest (SXSW) Conference next month to showcase the city’s tech innovation on the global stage.

The first organization to formally represent and promote the region’s fastest-growing tech industries, Frontier Collective is hosting the Vancouver Takeover: Frontiers of Innovation from March 8 to 12 [2024].

According to Dan Burgar, CEO and co-founder of Frontier Collective, the showcase is not just about presenting new advancements but is also an invitation to the world to be part of a boundary-transcending journey.

“This year’s Vancouver Takeover is more than an event; it’s a beacon for the brightest minds and a celebration of the limitless possibilities that emerge when we dare to innovate together.”

Speakers lined up for the SXSW Vancouver Takeover in Austin, Texas, include executives from Google, Warner Bros, Amazon, JP Morgan, Amazon, LG, NTT, Newlab, and the Wall Street Journal.

“The Frontier Collective is excited to showcase a new era of technological innovation at SXSW 2024, building on the success of last year’s Takeover,” added Natasha Jaswal, VP of operations and events of Frontier Collective, in a statement. “Beyond creating a captivating event; its intentional and curated programming provides a great opportunity for local companies to gain exposure on an international stage, positioning Vancouver as a global powerhouse in frontier tech innovation.

Here’s the registration page if you want to attend the Frontiers of Innovation Vancouver Takeover at SxSW 2024,

Join us for a curated experience of music, art, frontier technologies and provocative panel discussions. We are organizing three major events, designed to ignite conversation and turn ideas into action.

We’re excited to bring together leaders from Vancouver and around the world to generate creative thinking at the biggest tech festival.

Let’s create the future together!

You have a choice of two parties and a day long event. Enjoy!

Who is the Frontier Collective?

The group announced itself in 2022, from a February 17, 2022 article in techcouver, Note: Links have been removed,

The Frontier Collective is the first organization to formally represent and advance the interests of the region’s fastest-growing industries, including Web3, the metaverse, VR/AR [virtual reality/augmented reality], AI [artificial intelligence], climate tech, and creative industries such as eSports [electronic sports], NFTs [non-fungible tokens], VFX [visual effects], and animation.

Did you know the Vancouver area currently boasts the world’s second largest virtual and augmented reality sector and hosts the globe’s biggest cluster of top VFX, video games and animation studios, as well as the highest concentration of 3D talent?

Did you know NFT technology was created in Vancouver and the city remains a top destination for blockchain and Web3 development?

Frontier Collective’s coalition of young entrepreneurs and business leaders wants to raise awareness of Vancouver’s greatness by promoting the region’s innovative tech industry on the world stage, growing investment and infrastructure for early-stage companies, and attracting diverse talent to Vancouver.

“These technologies move at an exponential pace. With the right investment and support, Vancouver has an immense opportunity to lead the world in frontier tech, ushering in a new wave of transformation, economic prosperity and high-paying jobs. Without backing from governments and leaders, these companies may look elsewhere for more welcoming environments.” said Dan Burgar, Co-founder and Head of the Frontier Collective. Burgar heads the local chapter of the VR/AR Association.

Their plan includes the creation of a 100,000-square-foot innovation hub in Vancouver to help incubate startups in Web3, VR/AR, and AI, and to establish the region as a centre for metaverse technology.

Frontier Collective’s team includes industry leaders at the Vancouver Economic Commission [emphasis mine; Under Mayor Sim and his majority City Council, the commission has been dissolved; see September 21, 2023 Vancouver Sun article “Vancouver scraps economic commission” by Tiffany Crawford], Collision Conference, Canadian incubator Launch, Invest Vancouver, and the BDC Deep Tech Fund.  These leaders continue to develop and support frontier technology in their own organizations and as part of the Collective.

Interestingly, a February 7, 2023 article by the editors of BC Business magazine seems to presage the Vancouver Economic Commission’s demise. Note: Links have been removed,

Last year, tech coalition Frontier Collective announced plans to position Vancouver as Canada’s tech capital by 2030. Specializing in subjects like Web3, the metaverse, VR/AR, AI and animation, it seems to be following through on its ambition, as the group is about to place Vancouver in front of a global audience at SXSW 2023, a major conference and festival celebrating tech, innovation and entertainment.  

Taking place in Austin, Texas from March 10-14 [2023], Vancouver Takeover is going to feature speakers, stories and activations, as well as opportunities for companies to connect with industry leaders and investors. Supported by local businesses like YVR Airport, Destination Vancouver, Low Tide Properties and others, Frontier is also working with partners from Trade and Invest BC, Telefilm and the Canadian Consulate. Attendees will spot familiar faces onstage, including the likes of Minister of Jobs, Economic Development and Innovation Brenda Bailey, Vancouver mayor Ken Sim [emphasis mine] and B.C. Innovation Commissioner Gerri Sinclair. 

That’s right, no mention of the Vancouver Economic Commission.

As for the Frontier Collective Team (accessed January 29, 2024), the list of ‘industry leaders’ (18 people with a gender breakdown that appears to be 10 male and 8 female) and staff members (a Senior VP who appears to be male and the other seven staff members who appear to be female) can be found here. (Should there be a more correct way to do the gender breakdown, please let me know in the Comments.)

i find the group’s name a bit odd, ‘frontier’ is something I associate with the US. Americans talk about frontiers, Canadians not so much.

If you are interested in attending the daylong (11 am – 9 pm) Vancouver Takeover at SxSW 2024 event on March 10, 2024, just click here.

Aside: swagger at Vancouver City Hall, economic prosperity, & more?

What follows is not germane to the VR/AR community, SxSW of any year, or the Frontier Collective but it may help to understand why the City of Vancouver’s current mayor is going to events where he would seem to have no useful role to play.

Matt O’Grady’s October 4, 2023 article for Vancouver Magazine offers an eyeopening review of Mayor Ken Sim’s first year in office.

Ken Sim swept to power a year ago promising to reduce waste, make our streets safer and bring Vancouver’s “swagger” back. But can his open-book style win over the critics?

I’m sitting on a couch in the mayor’s third-floor offices, and Ken Sim is walking over to his turntable to put on another record. “How about the Police? I love this album.”

With the opening strains of  “Every Breath You Take” crackling to life, Sim is explaining his approach to conflict resolution, and how he takes inspiration from the classic management tome Getting to Yes: Negotiating Agreement Without Giving In.

Odd choice for a song to set the tone for an interview. Here’s more about the song and its origins according to the song’s Wikipedia entry,

To escape the public eye, Sting retreated to the Caribbean. He started writing the song at Ian Fleming’s writing desk on the Goldeneye estate in Oracabessa, Jamaica.[14] The lyrics are the words of a possessive lover who is watching “every breath you take; every move you make”. Sting recalled:

“I woke up in the middle of the night with that line in my head, sat down at the piano and had written it in half an hour. The tune itself is generic, an aggregate of hundreds of others, but the words are interesting. It sounds like a comforting love song. I didn’t realise at the time how sinister it is. I think I was thinking of Big Brother, surveillance and control.”[15][emphasis mine]

The interview gets odder, from O’Grady’s October 4, 2023 article,

Suddenly, the office door swings open and Sim’s chief of staff, Trevor Ford, pokes his head in (for the third time in the past 10 minutes). “We have to go. Now.”

“Okay, okay,” says Sim, turning back to address me. “Do you mind if I change while we’re talking?” And so the door closes again—and, without further ado, the Mayor of Vancouver drops trou [emphasis mine] and goes in search of a pair of shorts, continuing with a story about how some of his west-side friends are vocally against the massive Jericho Lands development promising to reshape their 4th and Alma neighbourhood.

“And I’m like, ‘Let me be very clear: I 100-percent support it, this is why—and we’ll have to agree to disagree,’” he says, trading his baby-blue polo for a fitted charcoal grey T-shirt. Meanwhile, as Sim does his wardrobe change, I’m doing everything I can to keep my eyes on my keyboard—and hoping the mayor finds his missing shorts.

It’s fair to assume that previous mayors weren’t in the habit of getting naked in front of journalists. At least, I can’t quite picture Kennedy Stewart doing so, or Larry or Gordon Campbell either. 

But it also fits a pattern that’s developing with Ken Sim as a leader entirely comfortable in his own skin. He’s in a hurry to accomplish big things—no matter who’s watching and what they might say (or write). And he eagerly embraces the idea of bringing Vancouver’s “swagger” back—outlined in his inaugural State of the City address, and underlined when he shotgunned a beer at July’s [2023] Khatsahlano Street Party.

O’Grady’s October 4, 2023 article goes on to mention some of the more practical initiatives undertaken by Mayor Sim and his supermajority of ABC (Sim’s party, A Better City) city councillors in their efforts to deal with some of the city’s longstanding and intractable problems,

For a reminder of Sim’s key priorities, you need only look at the whiteboard in the mayor’s office. At the top, there’s a row labelled “Daily Focus (Top 4)”—which are, in order, 3-3-3-1 (ABC’s housing program); Chinatown; Business Advocacy; and Mental Health/Safety.

On some files, like Chinatown, there have been clear advances: council unanimously approved the Uplifting Chinatown Action Plan in January, which devotes more resources to cleaning and sanitation services, graffiti removal, beautification and other community supports. The plan also includes a new flat rate of $2 per hour for parking meters throughout Chinatown (to encourage more people to visit and shop in the area) and a new satellite City Hall office, to improve representation. And on mental health and public safety, the ABC council moved quickly in November to take action on its promise to fund 100 new police officers and 100 new mental health professionals [emphasis mine]—though the actual hiring will take time.

O’Grady likely wrote his article a few months before its October 2023 publication date (a standard practice for magazine articles), which may explain why he didn’t mention this, from an October 10, 2023 article by Michelle Gamage and Jen St. Denis for The Tyee,

100 Cops, Not Even 10 Nurses

One year after Mayor Ken Sim and the ABC party swept into power on a promise to hire 100 cops and 100 mental health nurses to address fears about crime and safety in Vancouver, only part of that campaign pledge has been fulfilled.

At a police board meeting in September, Chief Adam Palmer announced that 100 new police officers have now joined the Vancouver Police Department.

But just 9.5 full-time equivalent positions have been filled to support the mental health [emphasis mine] side of the promise.

In fact, Vancouver Coastal Health says it’s no longer aiming [emphasis mine] to hire 100 nurses. Instead, it’s aiming for 58 staff and specialists [emphasis mine], including social workers, community liaison workers and peers, as well as other disciplines alongside nurses to deliver care.

At the police board meeting on Sept. 21 [2023], Palmer said the VPD has had no trouble recruiting new police officers and has now hired 70 new recruits who are first-time officers, as well as at least 24 experienced officers from other police services.

In contrast, it’s been a struggle for VCH to recruit nurses specializing in mental health.

BC Nurses’ Union president Adriane Gear said she remembers wondering where Sim was planning on finding 100 nurses [emphasis mine] when he first made the campaign pledge. In B.C. there are around 5,000 full-time nursing vacancies, she said. Specialized nurses are an even more “finite resource,” she added.

I haven’t seen any information as to why the number was reduced from 100 mental health positions to 58. I’m also curious as to how Mayor Ken Sim whose business is called ‘Nurse Next Door’ doesn’t seem to know there’s a shortage of nurses in the province and elsewhere.

Last year, the World Economic Forum in collaboration with Quartz published a January 28, 2022 article by Aurora Almendral about the worldwide nursing shortage and the effects of COVID pandemic,

The report’s [from the International Council of Nurses (ICN)] survey of nurse associations around the world painted a grim picture of strained workforce. In Spain, nurses reported a chronic lack of PPE, and 30% caught covid. In Canada, 52% of nurses reported inadequate staffing, and 47% met the diagnostic cut-off for potential PTSD [emphasis mine].

Burnout plagued nurses around the world: 40% in Uganda, 60% in Belgium, and 63% in the US. In Oman, 38% nurses said they were depressed, and 73% had trouble sleeping. Fifty-seven percent of UK nurses planned to leave their jobs in 2021, up from 36% in 2020. Thirty-eight percent of nurses in Lebanon did not want to be nurses anymore, but stayed in their jobs because their families needed the money.

In Australia, 17% of nurses had sought mental health support. In China, 6.5% of nurses reported suicidal thoughts.

Moving on from Mayor Sim’s odd display of ignorance (or was it cynical calculation from a candidate determined to win over a more centrist voting population?), O’Grady’s October 4, 2023 article ends on this note,

When Sim runs for reelection in 2026, as he promises to do, he’ll have a great backdrop for his campaign—the city having just hosted several games for the FIFA World Cup, which is expected to bring in $1 billion and 900,000 visitors over five years.

The renewed swagger of Sim’s city will be on full display for the world to see. So too—if left unresolved—will some of Vancouver’s most glaring and intractable social problems.

I was born in Vancouver and don’t recall the city as having swagger, at any time. As for the economic prosperity that’s always promised with big events like the FIFA world cup, I’d like to see how much the 2010 Olympic Games held in Vancouver cost taxpayers and whether or not there were long lasting economic benefits. From a July 9, 2022 posting on Bob Mackin’s thebreaker.news,

The all-in cost to build and operate the Vancouver 2010 Games was as much as $8 billion, but the B.C. Auditor General never conducted a final report. The organizing committee, VANOC, was not covered by the freedom of information law and its records were transferred to the Vancouver Archives after the Games with restrictions not to open the board minutes and financial ledgers before fall 2025.

Mayor Sim will have two more big opportunities to show off his swagger in 2025 . (1) The Invictus Games come to Vancouver and Whistler in February 2025 and will likely bring Prince Harry and the Duchess of Sussex, Meghan Markle to the area (see the April 22, 2022 Associated Press article by Gemma Karstens-Smith on the Canadian Broadcasting Corporation website) and (2) The 2025 Junos (the Canadian equivalent to the Grammys) from March 26 – 30, 2025 with the awards show being held on March 30, 2025 (see the January 25, 2024 article by Daniel Chai for the Daily Hive website).

While he waits, Sim may have a ‘swagger’ opportunity later this month (February 2024) when Prince Harry and the Duchess of Sussex (Meghan Markle) visit the Vancouver and Whistler for a “a three-day Invictus Games’ One Year to Go event in Vancouver and Whistler,” see Daniel Chai’s February 2, 2024 article for more details.

Don’t forget, should you be in Austin, Texas for the 2024 SxSW, the daylong (11 am – 9 pm) Vancouver Takeover at SxSW 2024 event is on March 10, 2024, just click here to register. Who knows? You might get to meet Vancouver’s, Mayor Ken Sim. Or, if you can’t make it to Austin, Texas, O’Grady’s October 4, 2023 article offer an unusual political profile.

General Fusion: update to October 10, 2023

It seems that Canadian nuclear energy company General Fusion has finally moved from Burnaby to Richmond (both are part of the Metro Vancouver Region). The move first announced in 2021 (see my November 3, 2021 posting for the news and a description of fusion energy; Note: fission is a different form of nuclear energy, fusion is considered clean/green).

I found confirmation of the move in an August 9, 2023 article by Kenneth Chan for the dailyhive.com

If all goes as planned, a major hurdle in fusion-based, zero-emission clean energy innovation could be produced on Sea Island in Richmond in just three years from now.

BC-based General Fusion announced today it has plans to build a new magnetized target fusion (MTF) machine at the company’s global headquarters at 6020-6082 Russ Baker Way [emphasis mine] near the South Terminal of Vancouver International Airport (YVR). [Note: YVR is located in Richmond, BC]

Chan goes on to note (from his August 9, 2023 article), Note: A link has been removed,

This machine will be designed to achieve fusion conditions of over 100,000,000°C by 2025, with “scientific breakeven” conditions by 2026. This will “fast-track” the company’s technical progress.

More specifically, this further proof-of-concept will show General Fusion’s ability to “symmetrically compress magnetized plasmas in a repeatable manner and achieve fusion conditions at scale.”

General Fusion’s technology is designed to be lower cost by avoiding other approaches that require expensive superconducting magnets or high-powered lasers.

The YVR machine is intended to support further work and investment and reduce the risk of General Fusion’s commercial-scale demonstration test plan in Culham Campus of the United Kingdom Atomic Energy Authority (UKAEA) — located just outside of Oxford, west of London. The UK plant has effectively been delayed, [emphasis mine] with the goal now to provide electricity to the grid with commercial fusion energy by the early to mid-2030s.

“Our updated three-year Fusion Demonstration Program puts us on the best path forward to commercialize our technology by the 2030s,” said Greg Twinney, CEO of General Fusion, in a statement. “We’re harnessing our team’s existing strengths right here in Canada and delivering high-value, industry-leading technical milestones in the near term.”

Canada, always a colony

I wonder what happened to the UKAEA deal. In my October 28, 2022 posting (Overview of fusion energy scene) General Fusion was downright effusive in its enthusiasm about the joint path to commercialization with a demonstration machine to be built in the UK. Scroll down to my ‘Fusion energy explanation (2)’ subhead for more details.

It now looks as if the first demonstration will be build and tested in Canada, from an August 9, 2023 General Fusion news release,

General Fusion announced a new Magnetized Target Fusion (MTF) machine that will fast-track the company’s technical progress. To be built at the company’s new Richmond headquarters, this ground-breaking machine is designed to achieve fusion conditions of over 100 million degrees Celsius by 2025, [emphasis mine] and progress toward scientific breakeven by 2026. In addition, the company completed the first close of its Series F raise for a combined $25 million USD (approximately $33.5 million CAD) of funding. The round was anchored by existing investors, BDC Capital and GIC. It also included new grant funding from the Government of British Columbia, which builds upon the Canadian government’s ongoing support through the Strategic Innovation Fund (SIF). 

This machine represents a significant new pillar to accelerate and de-risk [emphasis mine] General Fusion’s Demonstration Program, designed to leverage the company’s recent technological advancements and provide electricity to the grid with commercial fusion energy by the early to mid-2030s.  

Over the next two to three years, General Fusion will work closely with the UK Atomic Energy Authority [UKAEA] to validate the data gathered from [Lawson Machine 26] LM26 and incorporate it into the design of the company’s planned commercial scale demonstration in the UK.

So, the machine is being ‘de-risked’ in Canada first, eh?

September 2023

There was an interesting UK addition to General Fusion’s board of directors according to a September 6, 2023 news release,

Today [September 6, 2023], General Fusion announced the appointment of Norman Harrison to its Board of Directors. Norman is a world-class executive in the energy sector, with 40 years of unique experience providing leadership to both the fusion energy and nuclear fission communities.

His experience includes serving as the CEO of the UK Atomic Energy Authority (UKAEA) from 2006 to 2010 [emphasis mine], when he oversaw the groundbreaking research being conducted by the Joint European Torus (JET), the world’s largest fusion experiment and the only one operating using deuterium-tritium fuel, as it pushed the frontiers of fusion science. Norman’s expertise will support General Fusion as the company completes its Magnetized Target Fusion (MTF) demonstration, LM26 [scroll up to August 9, 2023 news release in the above for details] , at its Canadian headquarters. LM26 is targeting fusion conditions of 100 million degrees Celsius by 2025 and is charting a path to scientific breakeven equivalent by 2026. The results achieved by LM26 will be validated by the UKAEA and incorporated into the design of the company’s near-commercial machine, which is planned to be built at the UKAEA’s Culham Campus. 

Norman’s background also includes leading the construction and operations of large-scale power plants. As a result, his guidance will benefit General Fusion as it progresses to commercializing its MTF technology by the early to mid-2030s.

“I’ve been a part of the fusion energy industry for many years now. General Fusion’s unique technology stands out and has exciting promise to put fusion energy onto the electricity grid,” said Norman Harrison. “I am thrilled to join the General Fusion team and be a part of the company’s progress.”

“Norman’s wealth of expertise in advancing fusion technology and operating large electricity infrastructure provides us with meaningful insight into what is required to effectively bring Magnetized Target Fusion to the energy grid in a cost-effective, practical way,” said Greg Twinney, CEO, General Fusion. “We look forward to working with him as General Fusion transforms the commercial power industry with reliable fusion power.”

About General Fusion

General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Richmond, B.C. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders and technology pioneers. …

So, after postponing plans to build a build a demonstration plant with UKAEA and deciding to build it in Canada where it can be ‘de-risked’ here first, General Fusion adds a former UKAEA CEO to their company board. This seems a little strategic to me.

October 2023

Here’s the latest from an October 10, 2023 news release,

Today [October 11, 2023], General Fusion and Kyoto Fusioneering announced a Memorandum of Understanding (MOU) to accelerate the commercialization of General Fusion’s proprietary Magnetized Target Fusion (MTF) technology, aiming for grid integration in the early to mid-2030s. The companies will collaborate to advance critical systems for MTF commercialization, including the tritium fuel cycle, liquid metal balance of plant, and power conversion cycle.

Tritium, a hydrogen isotope and key fusion fuel, does not occur naturally and must be produced or “bred” in the fusion process. General Fusion’s game-changing commercial power plant design features a proprietary liquid metal wall that compresses plasma to fusion conditions, protects the fusion machine’s vessel components, and breeds tritium upon interacting with the fusion products. This design allows the machine to be self-sustaining, generating fuel for the life of the power plant while facilitating efficient energy extraction from the fusion reaction through a liquid metal loop to a heat exchanger.

Kyoto Fusioneering specializes in fusion power plant systems that complement the plasma confinement core, are applicable to various fusion confinement concepts, such as MTF, and are on the critical path for fusion commercialization. The complementary capabilities of both organizations will enable parallel development of key systems supporting MTF commercialization. Initial collaboration under this MOU will focus on liquid metal experimentation and fuel cycle system development at both the General Fusion and Kyoto Fusioneering facilities, such as establishment of balance of plant and power conversion test facilities, liquid metal loops, and vacuum systems.

Quotes:

“Currently, our new machine, LM26, is on-track to achieve fusion conditions by 2025, and progress towards scientific breakeven by 2026,” said Greg Twinney, CEO, General Fusion. “Harnessing the unique technological and engineering expertise of Kyoto Fusioneering will be instrumental as we translate LM26’s groundbreaking results into the world’s first Magnetized Target Fusion power plant.”

“We’re thrilled to join forces with General Fusion. Our combined expertise will accelerate the path to commercial fusion energy, a critical step toward a sustainable, decarbonized future,” said Satoshi Konishi, Co-founder and Chief Fusioneer, Kyoto Fusioneering.

Quick Facts:

Magnetized Target Fusion [prepare yourself for 1 min. 21 secs. of an enthusiastic Michel Laberge, company founder and chief science officer] uniquely sidesteps challenges to commercialization that other technologies face. The proprietary liquid metal liner in the commercial fusion machine is mechanically compressed by high-powered pistons. This enables fusion conditions to be created in short pulses rather than creating a sustained reaction. General Fusion’s design does not require large superconducting magnets or an expensive array of lasers.

General Fusion’s design will use deuterium-tritium fuel for its commercial power plant. Both are isotopes of hydrogen. Deuterium occurs naturally and can be derived from seawater. Tritium needs to be produced, which is why General Fusion’s unique and proprietary technology that breeds tritium as a byproduct of the fusion reaction is a game-changer.

Kyoto Fusioneering was spun out of Kyoto University. It is home to world-class R&D facilities, and its team has a combined total of approximately 800 years of experience [emphasis mine].

About Kyoto Fusioneering

Kyoto Fusioneering, established in 2019 [emphasis mine], is a privately funded technology startup with facilities in Tokyo and Kyoto (Japan), Reading (UK), and Seattle (USA). The company specialises in developing advanced technologies for commercial fusion power plants, such as gyrotron systems, tritium fuel cycle technologies, and breeding blankets for tritium production and power generation. Working collaboratively with public and private fusion developers around the world, Kyoto Fusioneering’s mission is to make fusion energy the ultimate sustainable solution for humanity’s energy needs.

800 years of experience seems to be a bit of a stretch for a company established four years ago with 96 employees as of July 1, 2023 (see Kyoto Fusioneering’s Company Profile webpage) but hat’s off for the sheer gutsiness of it.

Symposium on “Enabling the Nanotechnology Revolution” on October 10, 2023, in-person in Washington, DC or virtual

It’s the 20th anniversary of the US National Nanotechnology Initiative (NNI) and, now, scientists and policymakers will be celebrating and analyzing the results on October 10, 2023 according to a September 18, 2023 post on the JD Supra Nano and Other Emerging Chemical Technologies blog, Note: A link has been removed,

On October 10, 2023, the National Nanotechnology Coordination Office (NNCO) will host a symposium entitled “Enabling the Nanotechnology Revolution: Celebrating the 20th Anniversary of the 21st Century Nanotechnology Research and Development Act” at the National Academies of Sciences, Engineering, and Medicine. Experts will address the importance of nanotechnology in microelectronics, optics, advanced polymers, quantum engineering, medicine, education, manufacturing, and more. Discussions will also focus on the environmental, health, and safety implications of nanomaterials, as well as the National Nanotechnology Initiative (NNI) community’s efforts around inclusion, diversity, equity, and access.

You can register and find more information on the National Nanotechnology Initiative (NNI) anniversary symposium webpage, Note: A link has been removed,

Scientists and engineers across many fields and disciplines are united by their work at the nanoscale. Their diverse efforts have helped produce everything from faster microchips to powerful mRNA vaccines. The transformative impact of this work has been spurred by the coordination and focus on U.S. nanotechnology established by the 21st Century Nanotechnology Research and Development Act in 2003. Celebrating such a broad impact and envisioning the future can be quite challenging, but this event will bring together voices from across the emerging technology landscape. There will be experts who can speak on the importance of nanotechnology in quantum engineering, optics, EHS, plastics, DEIA, microelectronics, medicine, education, manufacturing, and more. We can’t predict what will emerge from this lively discussion between researchers, policymakers, members of industry, educators, and the public, but the conversation can only benefit from including more diverse perspectives – especially yours.

You have the option of registering in-person attendance or for virtual attendance.

Here’s the:

AGENDA

9:00-9:05   Welcome and Introduction

9:05-9:30   Opening Remarks on the NNI

9:30-10:15  Morning Keynote

10:15-10:30  Coffee Break

10:30-11:15  Panel: Responsible Development

11:15-12:00  Panel: Fundamental Research

12:00-1:00  Lunch and Networking

1:00-1:45  Keynote Panel: The Future of Nanotechnology

1:45-2:30  Panel: Workforce Development

2:30-2:45  Break

2:45-3:30  Panel: Infrastructure

3:30-4:15  Panel: Commercialization

4:15-5:00  Closing Keynote

Reception to follow

If you’re curious about the panelists and speakers, you will find a list with pictures and links to profile pages on the NNI’s anniversary symposium webpage.

Sign up for Nano4EARTH’s Roundtable Discussion (Batteries and Energy Storage): September 26, 2023 (online or in person)

Given that Nano4Earth was first announced by the US government in October 2022 (see my November 28, 2022 posting), the initiative has been quite active (see my February 27, 2023 posting, “Nano4EARTH workshop recordings available online“).

Now for the latest, from the National Nanotechnology Initiative (NNI) webpage for the batteries and storage roundtable discussion,

Nano4EARTH Roundtable Discussion on Batteries and Energy Storage

September 26, 2023
9:30 a.m. to 3:30 p.m. ET
Online and L’Enfant Plaza SW, Washington, D.C.

The Nano4EARTH roundtable discussion on batteries and energy storage aims to identify fundamental knowledge gaps, needs, and opportunities to advance current electrification goals. By convening stakeholders from different sectors, backgrounds, and expertise the goal of this roundtable is to identify applicable lessons across the spectrum of technologies, discuss system-specific needs, scalability and commercialization challenges, and potential paths forward. These needs could have a near-term impact on energy efficiency, sustainable development, and climate change. The moderated discussion will tackle all aspects of the topic – ranging from exciting R&D opportunities to commercialization challenges – by featuring a small group of experts from different sectors and backgrounds.

This roundtable is a critical part of the Nano4EARTH National Nanotechnology Challenge, which aims to leverage recent investments in understanding and controlling matter at the nanoscale to develop technologies and industries that address climate change. Nano4EARTH focuses on facilitating opportunities for members of the nanotechnology community to convene, collaborate, and share resources. Nano4EARTH also strives to provide mechanisms that support technology development and commercialization of nanotechnology-enabled climate solutions.

The topic of this roundtable was identified at the Nano4EARTH kick-off workshop (summary readout and video archive) as a particularly promising area that could have an impact in a short time frame (four years or less). This roundtable is the second of four.

MEETING LOCATION:

Online and the National Nanotechnology Coordination Office: Suite 8001, 470 L’Enfant Plaza SW, Washington, DC 20024. Directions are available here.

Registration is now open and you can find the links to online or in person registration on the National Nanotechnology Initiative (NNI) webpage for the batteries and storage roundtable discussion

h/t JD Supra blog’s August 23, 2023 posting

Canadian Science Policy Centre panel on Sept. 6, 2023 [date changed to October 4, 2023]: Science, technology and innovation (STI) between Brazil and Canada plus a quantum panel on Sept. 13, 2023

In an August 17, 2023 Canadian Science Policy Centre (CSPC) newsletter (received via email), they’ve announced a panel about science and technology opportunities with a country we don’t usually talk about much in that context (nice to see a broader, not the US and not a European or Commonwealth country, approach being taken),

Canada-Brazil Cooperation and Collaboration in STI [Science, Technology, and Innovation]

This virtual panel aims to discuss the ongoing Science, Technology, and Innovation (STI) cooperation between Brazil and Canada, along with the potential for furthering this relationship. The focus will encompass strategic areas of contact, ongoing projects, and scholarship opportunities. It is pertinent to reflect on the science diplomacy efforts of each country and their reciprocal influence. Additionally, the panel aims to explore how Canada engages with developing countries in terms of STI.

Click the button below to register for the upcoming virtual panel!

Register Here

Date: Sept. 6 [2023] October 4, 2023
Time: 1:00 pm EDT

Here are the speakers (from the CSPC’s Canada-Brazil Cooperation and Collaboration in STI event page),

Fernanda de Negri
Moderator
Director of Studies and Sectoral Policies of Innovation, Regulation and Infrastructure at the Institute for Applied Economic Research (IPEA), Brazil
See Bio

Alejandro Adem
President of Natural Sciences and Engineering Research Council of Canada – NSERC
See Bio

Ambassador Emmanuel Kamarianakis
Canadian Embassy in Canada
See Bio

Ambassador Ademar Seabra da Cruz Jr.
Ministry of Foreign Affairs, Brazil
See Bio

If you haven’t gotten your fill of virtual science policy panels yet, there’s this one on quantum technologies, from the August 17, 2023 Canadian Science Policy Centre (CSPC) newsletter,

Canada’s Quantum Strategy and International Collaboration

Countries are investing heavily in quantum computing and other quantum technologies. As Canada has recently released its Quantum Strategy [Note: There is also report on Quantum Technologies expected from the Canadian Council of Academies, no release date yet], this is an opportunity to foster further international collaborations. Panelists will discuss the opportunities and challenges Canada will be facing and what this could mean for Canada’s leadership in quantum research and the development of quantum technologies.

Click the button below to register for the upcoming virtual panel!

Register Here

Date: Sep 13 [2023]
Time: 1:00 pm EDT

Here’s some information about the panel participants, from the CSPC’s Canada’s Quantum Strategy and International Collaboration event page,

Dr. Sarah Burke
Associate Professor, University of British Columbia
See Bio

Dr. Aimee K. Gunther
Deputy Director, Quantum Sensors Challenge Program, National Research Council Canada
See Bio

Prof. Andrea Damascelli
Scientific Director, Stewart Blusson Quantum Matter Institute | Professor, Physics and Astronomy | Canada Research Chair in the Electronic Structure of Quantum Materials
See Bio

Nick Werstiuk
CEO, Quantum Valley Ideas Lab
See Bio

Eric Miller
Fellow, Canadian Global Affairs Institute
See Bio

Ms. Alexandra Daoud
Moderator
Vice President, Intellectual Property at Anyon Systems
See Bio

Interestingly, the moderator, Alexandra Daoud, is a patent agent.

As for the Council of Canadian Academies, you can find out about the proposed report on Quantum Technologies here.

D-Wave Systems demonstrates quantum advantage on optimization problems with a 5,000-qubit programmable spin glass

This May 17, 2023 article by Ingrid Fadelli for phys.org describes quantum research performed by D-Wave Systems (a company in Vancouver, Canada) and Boston University (Massachusetts, US), Note: Links have been removed,

Over the past decades, researchers and companies worldwide have been trying to develop increasingly advanced quantum computers. The key objective of their efforts is to create systems that will outperform classical computers on specific tasks, which is also known as realizing “quantum advantage.”

A research team at D-Wave Inc., a quantum computing company, recently created a new quantum computing system that outperforms classical computing systems on optimization problems. This system, introduced in a paper in Nature, is based on a programmable spin glass with 5,000 qubits (the quantum equivalents of bits in classical computing).

“This work validates the original hypothesis behind quantum annealing, coming full circle from some seminal experiments conducted in the 1990s,” Andrew D. King, one of the researchers who carried out the study, told Phys.org.

“These original experiments took chunks of spin-glass alloy and subjected them to varying magnetic fields, and the observations suggested that if we made a programmable quantum spin glass, it could drive down to low-energy states of optimization problems faster than analogous classical algorithms. A Science paper published in 2014 tried to verify this on a D-Wave Two processor, but no speedup was found.”

“This is a ‘full circle’ moment, in the sense that we have verified and extended the hypothesis of the UChicago [University of Chicago] and NEC [Nippon Electric Company] researchers; quantum annealing shows a scaling advantage over simulated thermal annealing,” King said. “Ours is the largest programmable quantum simulation ever performed; reproducing it classically is way beyond the reach of known methods.”

“We have a clear view of quantum effects and very clear evidence, both theoretical and experimental, that the quantum effects are conferring a computational scaling advantage over classical methods,” King said. “We want to highlight the difference between this original definition of quantum advantage and the fact that it is sometimes used as a stand-in term for quantum supremacy, which we have not demonstrated. [emphases mine] Gate-model quantum computers have not shown any capabilities approaching this for optimization, and I personally don’t believe they ever will.”

“For a long time, it was subject for debate whether or not coherent quantum dynamics were playing any role at all in quantum annealing,” King said. “While this controversy has been rebuked by previous works, this new research is the clearest demonstration yet, by far.”

An April 19, 2023 D-Wave Systems news release, which seems to have been the basis for Fadelli’s article, provides more detail in a release that functions as a research announcement and a sales tool, Note: Links have been removed,

D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services—and the only provider building both annealing and gate-model quantum computers, today published a peer-reviewed milestone paper showing the performance of its 5,000 qubit Advantage™ quantum computer is significantly faster than classical compute on 3D spin glass optimization problems, an intractable class of optimization problems. This paper also represents the largest programmable quantum simulation reported to date.

The paper—a collaboration between scientists from D-Wave and Boston University—entitled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here. Building upon research conducted on up to 2,000 qubits last September, the study shows that the D-Wave quantum processor can compute coherent quantum dynamics in large-scale optimization problems. This work was done using D-Wave’s commercial-grade annealing-based quantum computer, which is accessible for customers to use today.

With immediate implications to optimization, the findings show that coherent quantum annealing can improve solution quality faster than classical algorithms. The observed speedup matches the theory of coherent quantum annealing and shows​ a direct connection between coherence and the core computational power of quantum annealing.

“This research marks a significant achievement for quantum technology, as it demonstrates a computational advantage over classical approaches for an intractable class of optimization problems,” said Dr. Alan Baratz, CEO of D-Wave. “For those seeking evidence of quantum annealing’s unrivaled performance, this work offers definitive proof.

This work supports D-Wave’s ongoing commitment to relentless scientific innovation and product delivery, as the company continues development on its future annealing and gate model quantum computers. To date, D-Wave has brought to market five generations of quantum computers and launched an experimental prototype of its sixth-generation machine, the Advantage2™ system, in June 2022. The full Advantage2 system is expected to feature 7,000+ qubits, 20-way connectivity and higher coherence to solve even larger and more complex problems. Read more about the research in our Medium post here.

Paper’s Authors and Leading Industry Voices Echo Support

“This is an important advance in the study of quantum phase transitions on quantum annealers. It heralds a revolution in experimental many-body physics and bodes well for practical applications of quantum computing,” said Wojciech Zurek, theoretical physicist at Los Alamos National Laboratory and leading authority on quantum theory. Dr. Zurek is widely renowned for his groundbreaking contribution to our understanding of the early universe as well as condensed matter systems through the discovery of the celebrated Kibble-Zurek mechanism. This mechanism underpins the physics behind the experiment reported in this paper. “The same hardware that has already provided useful experimental proving ground for quantum critical dynamics can be also employed to seek low-energy states that assist in finding solutions to optimization problems.”

“Disordered magnets, such as spin glasses, have long functioned as model systems for testing solvers of complex optimization problems,” said Gabriel Aeppli, professor of physics at ETH Zürich and EPF Lausanne, and head of the Photon Science Division of the Paul Scherrer Institut. Professor Aeppli coauthored the first experimental paper demonstrating advantage of quantum annealing over thermal annealing in reaching ground state of disordered magnets. “This paper gives evidence that the quantum dynamics of a dedicated hardware platform are faster than for known classical algorithms to find the preferred, lowest energy state of a spin glass, and so promises to continue to fuel the further development of quantum annealers for dealing with practical problems.”

“As a physicist who has built my career on computer simulations of quantum systems, it has been amazing to experience first-hand the transformative capabilities of quantum annealing devices,” said Anders Sandvik, professor of physics at Boston University and a coauthor of the paper. “This paper already demonstrates complex quantum dynamics on a scale beyond any classical simulation method, and I’m very excited about the expected enhanced performance of future devices. I believe we are now entering an era when quantum annealing becomes an essential tool for research on complex systems.”

“This work marks a major step towards large-scale quantum simulations of complex materials,” said Hidetoshi Nishimori, Professor, Institute of Innovative Research, Tokyo Institute of Technology and one of the original inventors of quantum annealing. “We can now expect novel physical phenomena to be revealed by quantum simulations using quantum annealing, ultimately leading to the design of materials of significant societal value.”

“This represents some of the most important experimental work ever performed in quantum optimization,” said Dr. Andrew King, director of performance research at D-Wave. “We’ve demonstrated a speedup over simulated annealing, in strong agreement with theory, providing high-quality solutions for large-scale problems. This work shows clear evidence of quantum dynamics in optimization, which we believe paves the way for even more complex problem-solving using quantum annealing in the future. The work exhibits a programmable realization of lab experiments that originally motivated quantum annealing 25 years ago.”

“Not only is this the largest demonstration of quantum simulation to date, but it also provides the first experimental evidence, backed by theory, that coherent quantum dynamics can accelerate the attainment of better solutions in quantum annealing,” said Mohammad Amin, fellow, quantum algorithms and systems, at D-Wave. “The observed speedup can be attributed to complex critical dynamics during quantum phase transition, which cannot be replicated by classical annealing algorithms, and the agreement between theory and experiment is remarkable. We believe these findings have significant implications for quantum optimization, with practical applications in addressing real-world problems.”

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this press release include, but are not limited to, statements regarding the impact of the results of this study; the company’s Advantage2™ experimental prototype; and the potential for future problem-solving using quantum annealing. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks, our ability to expand our customer base and the customer adoption of our solutions, and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in D-Wave Quantum Inc.’s Form S-4 Registration Statement, as amended, previously filed with the Securities and Exchange Commission, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of the our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; and the risk that our securities will not maintain the listing on the NYSE. Furthermore, if the forward-looking statements contained in this press release prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

Here’s a link to and a citation for the paper,

Quantum critical dynamics in a 5,000-qubit programmable spin glass by Andrew D. King, Jack Raymond, Trevor Lanting, Richard Harris, Alex Zucca, Fabio Altomare, Andrew J. Berkley, Kelly Boothby, Sara Ejtemaee, Colin Enderud, Emile Hoskinson, Shuiyuan Huang, Eric Ladizinsky, Allison J. R. MacDonald, Gaelen Marsden, Reza Molavi, Travis Oh, Gabriel Poulin-Lamarre, Mauricio Reis, Chris Rich, Yuki Sato, Nicholas Tsai, Mark Volkmann, Jed D. Whittaker, Jason Yao, Anders W. Sandvik & Mohammad H. Amin. Nature volume 617, pages 61–66 (2023) DOI: https://doi.org/10.1038/s41586-023-05867-2 Published: 19 April 2023 Issue Date: 04 May 2023

This paper is behind a paywall but there is an open access version on the arxiv website which means that it has had some peer review but may differ from the version in Nature.