The Canadian Space Agency (CSA) is awarding $1.5 million to the University of Waterloo’s Institute for Quantum Computing (IQC) to lead the science of a mission called the Quantum Encryption and Science Satellite (QEYSSat), which will protect the communications and data of Canadians on Earth and in space.
The estimate is that, within 10 to 20 years, the encryption codes used by computers today will be easily decoded by high-performing quantum computers, making current encryption technology obsolete. This investment by the CSA will advance encryption methods, which use highly advanced computing technology to create unbreakable security codes.
The completed mission will enable the CSA to leverage IQC’s expertise to enhance Canada’s position as a world leader in the emerging market for quantum technology. It will contribute to developing the highly qualified workforce needed in this important sector, and position Canada’s space sector to play a critical role in the upcoming quantum technology revolution — a significant global business opportunity.
This initiative aligns with the Government of Canada’s Innovation and Skills Plan.
Of interest to all who are involved in, or are intrigued with, the SmallSat environs, the upcoming SmallSat Symposium should be of interest... please head over to https://smallsatshow.com/ for additional details...