Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > Mike and Ophelia Lazaridis donations top $101 million to Institute for Quantum Computing

Abstract:
Mike and Ophelia Lazaridis are joining a select group of Canadians who have given more than $100 million in support to post-secondary education and research.

The University of Waterloo is today announcing that the pair are donating an additional $25 million to the Institute for Quantum Computing. The new gift raises their total donation to IQC to $101 million.

Mike and Ophelia Lazaridis donations top $101 million to Institute for Quantum Computing

WATERLOO, ON, Canada | Posted on June 5th, 2009

"This extraordinarily generous gift reflects Mike and Ophelia's passion for fundamental research and it gives increased exposure to quantum computing around the world," said Waterloo president David Johnston. "Their generosity has helped launch IQC into the forefront of quantum information processing research, making Waterloo one of the world's premier destinations in the field."

Previously, Mike and Ophelia Lazaridis gave $76 million to support the development of the IQC, including a major share for construction of the Quantum-Nano Centre, a distinguished research chair in quantum computing, and international graduate fellowships. This gift was key in obtaining $100 million, $50 million each from the federal government and the Ontario government, toward the $160-million Quantum-Nano Centre and the IQC.

"We are excited to add support to what is becoming the epicentre of quantum research and experimentation," said Mike Lazaridis. "Our investment in fundamental research at the Institute of Quantum Computing will help researchers tackle some of today's most challenging problems and seed some of tomorrow's biggest innovations."

Mike and Ophelia Lazaridis are part of a select group of philanthropists who have given more than $100 million in support of higher education in Canada.

The Quantum-Nano Centre will be home to two forefront areas of science and engineering: quantum information technology and nanotechnology. Quantum deals with the atomic and sub-atomic levels, where the usual laws of physics do not apply; things can, for instance, exist in two places at the same time. Nanotechnology deals with the fabrication and behaviour of materials, devices and systems in the size range of atoms or molecules, generally 100 nanometres or smaller.

Besides the IQC, the centre will accommodate the Waterloo Institute for Nanotechnology and Waterloo's undergraduate program in nanotechnology engineering. It will serve the needs of up to 400 academics, equally split between the quantum and nano sides, with most coming from the faculties of engineering, mathematics and science.

Mike Lazaridis, who served as Waterloo's chancellor from May 1, 2003 to April 30, 2009, will be installed as chancellor emeritus on Saturday, June 13 during spring convocation. He has also been a dedicated employer of thousands of the university's co-op students and graduates since he founded Research In Motion 25 years ago.

Ophelia Lazaridis is a member of the university's board of governors. She holds a bachelor of mathematics from Waterloo.

####

For more information, please click here

Contacts:
Linda Kieswetter
associate vice president
principal gifts and
campaign
office of development
519-888-4567 ext. 32961

Steve MacDonald
chief operating officer
Institute for Quantum
Computing
519-888-4567 ext. 36704

John Morris
UW media relations
519-888-4435

Copyright © University of Waterloo

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Academic/Education

Rice University launches Rice Synthetic Biology Institute to improve lives January 12th, 2024

Multi-institution, $4.6 million NSF grant to fund nanotechnology training September 9th, 2022

National Space Society Helps Fund Expanding Frontierís Brownsville Summer Entrepreneur Academy: National Space Society and Club for the Future to Support Youth Development Program in South Texas June 24th, 2022

How a physicist aims to reduce the noise in quantum computing: NAU assistant professor Ryan Behunin received an NSF CAREER grant to study how to reduce the noise produced in the process of quantum computing, which will make it better and more practical April 1st, 2022

Quantum Computing

Simulating magnetization in a Heisenberg quantum spin chain April 5th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

With VECSELs towards the quantum internet Fraunhofer: IAF achieves record output power with VECSEL for quantum frequency converters April 5th, 2024

Chemical reactions can scramble quantum information as well as black holes April 5th, 2024

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Grants/Sponsored Research/Awards/Scholarships/Gifts/Contests/Honors/Records

Aston University researcher receives £1 million grant to revolutionize miniature optical devices May 17th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

Chemical reactions can scramble quantum information as well as black holes April 5th, 2024

Discovery of new Li ion conductor unlocks new direction for sustainable batteries: University of Liverpool researchers have discovered a new solid material that rapidly conducts lithium ions February 16th, 2024

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project