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Minister Vandal announces federal investment to accelerate Manitoba’s green advantage through small- and medium-sized enterprises

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Over $1.6 million of PrairiesCan funding to grow the green economy in Manitoba

WINNIPEG, MB, March 1, 2024 /CNW/ – A new collaboration in Manitoba shows the federal government is making progress to achieve the objectives of the Framework to Build a Green Prairie Economy to create more prosperity in communities across the region. The framework is a new approach for governments, businesses, and communities to work together more closely with partners to build on the economic strengths of Prairie provinces.

Today, the Honorable Dan Vandal, Minister for PrairiesCan announced an investment of over $1.6 million to the Manitoba Chambers of Commerce to develop and implement Manitoba’s Green Advantage, and the Small- and Medium-sized Enterprises (SMEs) Green Assessment Program. This investment is expected to grow the Green Prairie Economy momentum by helping 60 SMEs identify opportunities to increase their capacity to export sustainable green products and services. Funds are from the Regional Innovation Ecosystems Program.

Rich in critical minerals and clean energy sources and a unique world-class transportation infrastructure, Manitoba has many green economic opportunities. Home to innovative entrepreneurship – the province is an ideal place for businesses seeking to leverage its competitive advantage. This investment will build on Manitoba’s strengths, support SMEs and industries to act towards growing green economic opportunities in close partnership.

With partners like the Manitoba Chambers of Commerce, the Government of Canada is investing in Manitoba SMEs so they can continue to create sustainable, and good -paying jobs today, and into the future.

Quotes

“A Green Prairie Economy means strong, resilient businesses and communities with more opportunities for good paying jobs across the region. The Manitoba Chambers of Commerce is perfectly positioned to work with business and community leaders to advance the green economy, and I look forward to greater collaboration between SMEs, businesses, and governments as we work together on a roadmap to ensure no one is left behind as we build the green Prairie economy.”
–The Honourable Dan Vandal, Minister for PrairiesCan

“This support underscores the shared commitment to a sustainable future and the opportunity for Manitoba to be a global leader with our Green Economy advantage. We believe that through our partnerships with other organizations and the Chamber network we can help guide our province towards a greener, more sustainable future, but also create significant opportunities for Manitoba businesses and residents. Through this program, we aim to unlock the significant potential of Manitoba’s economy; fostering innovation, creating jobs, and improving the quality of life for all Manitobans.”
–Chuck Davidson, President and CEO, Manitoba Chambers of Commerce

“As a purpose driven business Assiniboine Credit Union understands how growing the green economy will create better paying jobs, support technological innovation, build more resilient communities, advance reconciliation, and address critical environmental challenges. Building green economy capacity within our business community is key to creating a more sustainable future for all Manitobans. We know that our small and medium-sized businesses members, and the communities we serve, can benefit from the PrairiesCan funding announced today by Minister Vandal.”
–Kevin Sitka, President & CEO, Assiniboine Credit Union

Quick facts

PrairiesCan’s Regional Innovation Ecosystems program assists not-for-profits; business accelerators, incubators, and similar organizations to develop and increase their reach.The Honourable Dan Vandal, Minister for PrairiesCan, was named, under the Building a Green Prairie Economy Act to lead extensive consultations across the Prairies to inform the development of a Framework that was tabled in Parliament on December 11, 2023.The consultations last year with Prairie provinces, municipal and Indigenous governments, industry, labour organizations and people living and working on the Prairies were the largest in PrairiesCan’s history. The object was to gain input and insights on better federal coordination and closer collaboration with partners to create jobs and grow a strong, sustainable, and inclusive Prairie economy that benefits everyone.Future federal collaboration with sectors across the Prairie economy will build on opportunities to address challenges such as those related to supply chains, climate action, energy, and electric vehicle (EV) infrastructure.

Associated links

Prairies Economic Development Canada (PrairiesCan)Building a Green Prairie Economy ActGreen Prairie EconomyRegional Innovation Ecosystems (RIE)

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Toll-Free Number: 1-888-338-9378
 TTY (telecommunications device for the hearing impaired): 1-877-303-3388

SOURCE Prairies Economic Development Canada

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Xevyte Establishes European Operations in Poland, Extending Its Global Delivery and Innovation Reach

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BENGALURU, India, June 3, 2026 /PRNewswire/ — Xevyte, a global IT services and digital transformation company, has commenced business operations in Poland effective December 2025, marking its first European base and a milestone in its international growth strategy.

The Poland center will serve as both a delivery hub and an innovation center, supporting enterprises across Europe and globally across cloud transformation, data and AI, cybersecurity, digital engineering, and enterprise modernization. Poland’s engineering talent, mature technology ecosystem, and central position within the European Union make it the right foundation for Xevyte’s next phase of regional growth.

“Establishing operations in Poland is a deliberate and forward-looking decision,” said Karan Reddy, CEO, Xevyte. “As our clients accelerate their digital agendas, they are seeking partners who combine technical excellence with cultural alignment and operational resilience. Poland enables us to deliver on all three, while also investing in local talent and innovation.”

Xevyte will grow its local teams steadily, forge partnerships with academic institutions and innovation ecosystem partners, and contribute to Poland’s technology landscape — building a regional presence that creates value for clients and communities.

This expansion is part of a broader transformation at Xevyte. The company operates across India, the USA, Europe, and the UK, partnering with over 100 clients across BFSI, Healthcare, Manufacturing, Telecom, and Retail. Its services span Technology and Engineering, Cybersecurity, Infrastructure and Cloud, Digital Transformation, and GCC-as-a-Service.

Beyond delivery, Xevyte is building two proprietary platform businesses: an enterprise cybersecurity platform spanning identity governance, AI-driven endpoint protection, real-time threat monitoring, and automated security orchestration; and a unified workforce intelligence platform integrating HR, payroll, talent acquisition, collaboration, and performance into one system — giving organizations a single source of truth across people, operations, and communication.

Together, these moves signal a company executing on a larger vision: to be not just a services partner, but a technology company enterprises rely on to operate, secure, and grow.

About Xevyte

Xevyte is a global IT services and digital consulting company partnering with enterprises to drive transformation across cloud, data & AI, cybersecurity, and digital engineering. With a focus on measurable outcomes, Xevyte helps organizations modernize platforms, optimize operations, and unlock sustainable growth.

Photo: https://mma.prnewswire.com/media/2993913/Xevyte.jpg

 

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WIN EURASIA 2026 to Showcase the Future of Manufacturing

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ISTANBUL, June 3, 2026 /PRNewswire/ — WIN EURASIA 2026, one of the leading industrial trade fairs in the Eurasian region, is set to bring together the latest advancements in automation, artificial intelligence, industrial IoT, and 5G technologies under one roof. Taking place at the Istanbul Expo Center, Türkiye, from June 10–13, the 32nd edition of the fair will welcome industry professionals from around the world under the motto “Driven by Automation.”

Organized by Hannover Fairs Turkey, a subsidiary of Deutsche Messe AG, WIN EURASIA serves as a strategic platform connecting global manufacturing technologies with regional markets. As part of the broader HANNOVER MESSE portfolio, the event reflects Deutsche Messe’s vision of accelerating industrial transformation through innovation, connectivity, and international collaboration.

Spanning six halls across 55,000 square meters, WIN EURASIA 2026 is expected to host more than 500 exhibitors, country pavilions, and over 40,000 visitors. Alongside official country pavilions from Germany, China, Japan, and Italy, the trade fair will host exhibitors from 17 different countries including France, Spain, Canada, Denmark, Finland, Poland, Morocco, and Switzerland, will showcase cutting-edge solutions across automation, robotics, electrical and energy systems, digital factories, welding technologies, and smart manufacturing.

Positioned at the crossroads of Europe, the Middle East, North Africa, and Central Asia, Türkiye provides an ideal meeting point for manufacturers, technology providers, investors, and buyers seeking new business opportunities and regional market access. Beyond being a technology showcase, WIN EURASIA continues to strengthen its role as a regional trade and networking hub, creating new pathways for investment, sourcing, and strategic partnerships.

A key highlight of this year’s edition will be a series of experience-driven special areas designed to demonstrate how emerging technologies are transforming industrial operations in real time. For the first time, visitors will be able to explore the Industrial IoT Special Area and the Industrial Artificial Intelligence Special Area, where solutions such as predictive maintenance, AI-powered production optimization, smart sensors, real-time data monitoring, and connected manufacturing systems will be demonstrated through live applications.

Another new feature, the Maintenance and Repair Workshop Area, will focus on one of the industry’s most critical challenges: ensuring operational continuity and production efficiency. Through live demonstrations and expert-led sessions, professionals from sectors including automotive, energy, process industries, and heavy manufacturing will gain practical insights into advanced maintenance technologies and best practices.

Also, the Urban Steel Rockstars Networking Area, organized in cooperation with Urban Steel Rockstars, will connect international influencers and content creators specializing in welding technologies, creating a unique platform where industrial innovation meets digital engagement and global industry communities.

Complementing the exhibition, a four-day conference program will bring together industry leaders, technology experts, and decision-makers to discuss the future of manufacturing. Key topics will include industrial transformation, automation, digitalization, energy efficiency, and sustainable production, providing valuable insights into the trends shaping the next era of industry. Visitors can register free of charge via https://platform.win-eurasia.com/register/en 

Logo – https://mma.prnewswire.com/media/2993315/WIN_EURASIA_Logo.jpg

Contact: Nalan Kahraman, nalan.kahraman@hf-turkey.com, Tel. +90 5413454105

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SOURCE WIN EURASIA

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Quobly secures €115 million Series A to bring silicon-based quantum computers to market

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GRENOBLE, France, June 3, 2026 /CNW/ — Quobly, a French quantum computing company, today announced the closing of a €115 million Series A financing to accelerate the industrialization of its silicon-based quantum computers and bring its first commercial product to market by the end of 2026.

The round is led by Bpifrance, SEALSQ and STMicroelectronics, with participation from the European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital) and existing investor Innovacom, bringing together leading industrial, sovereign and deeptech investors. Existing shareholders also include the CEA, CNRS, Quantonation and Supernova Invest. 
Long-time investor Bpifrance is participating through the Deep Tech 2030 fund, managed on behalf of the French government as part of the France 2030 initiative.This financing will support continued R&D, industrialization efforts and international commercial expansion.Quobly, bringing semiconductor-grade manufacturing and industrialization to quantum computing, plans to deploy its first commercial quantum computer through the cloud by the end of 2026 under its Alloy product line.

From technology validation to commercial deployment at scale

This Series A marks a key step in Quobly’s roadmap to industrial-scale quantum computing, transitioning from early validation to the production of its first commercial systems.

Alloy Pioneer, the first computer in Quobly’s Alloy product line, is designed for early adopters in high-performance computing and research environments. The system will be accessible through the cloud in 2026, before deployment within HPC infrastructures in 2027.

Quobly’s quantum computers are designed to integrate into existing HPC and data-center infrastructures, with a compatible footprint, power supply and utility requirements, enabling straightforward deployment. 
Alloy Pioneer is accessible through Alloy Forge, Quobly’s quantum application development environment, enabling users to develop and validate applications under realistic hardware constraints.

The company will in particular:

Increase the performance and scalability of its quantum computer product line,Accelerate the industrialization and scaling of its silicon quantum processors,Deploy its first Alloy systems into customer cloud and HPC environments.

These efforts will be supported by the continued expansion of Quobly’s hardware, control electronics and software stack, in line with its system-level co-design approach.

This Series A follows Quobly’s €19 million seed phase (2023-2025), during which the company demonstrated the feasibility of developing silicon qubits within semiconductor manufacturing processes, and established a system-level architecture integrating device, control and software layers.

Scaling quantum computing through semiconductor manufacturing

Quobly’s approach is based on the use of FD-SOI technology on 300 mm wafers, leveraging established semiconductor manufacturing processes to address key challenges in scalability, yield and reproducibility. The company develops silicon qubits designed for dense integration and compatibility with industrial fabrication standards.

As part of this strategy, Quobly leverages semiconductor-grade capabilities across the broader semiconductor ecosystem through strategic partnerships with industrial leaders including STMicroelectronics, Air Liquide, Soitec and Orano. These collaborations accelerate the transfer of Quobly’s quantum technologies into advanced manufacturing environments and support the industrial integration of process control, materials engineering, cryogenics and yield optimization from the earliest stages of deployment.

This industrial-first approach sets Quobly apart by prioritizing manufacturability and technology-system co-development.

Executive commentary

Maud Vinet, CEO and co-founder, Quobly
“This financing marks a transition from technology validation to industrial execution. Over the past two years, we have demonstrated that silicon qubits can be developed within semiconductor manufacturing processes and integrated into a system architecture. With this Series A, we are accelerating the deployment of our first commercial systems and building a quantum computing platform designed to integrate into existing computing infrastructures. Our objective is to make quantum computing deployable, scalable and usable within real industrial environments.”

Investor perspectives

Laurent Malier, Executive Vice President, Global Technology R&D, STMicroelectronics
“Quantum computing will achieve the scale needed by HPC customers only if breakthrough quantum systems can be industrialized and integrated with semiconductor-grade rigor and backed by a robust ecosystem. We are leveraging years of shared expertise in FD-SOI and deep technological collaboration to accelerate the commercialization of Quobly’s products thanks to a 300mm silicon fab environment. ST’s investment in Quobly further demonstrates our commitment to support its global ambitions.”

Gwenaël Hamon, Senior Investment Director, Bpifrance
“Our second investment in Quobly is fully in line with our ambition to support the emergence of sovereign technology champions. By choosing a quantum architecture compatible with established microelectronics industry standards, Quobly paves the way for the rapid and controlled industrialization of breakthrough technologies, an essential condition to ensure Europe’s strategic autonomy in quantum computing.”

Carlos Moreira, CEO, SEALSQ
“SEALSQ is proud to participate as a lead investor in Quobly’s Series A financing. This investment builds on the technical partnership initiated in 2025. By combining Quobly’s silicon-based quantum processors with SEALSQ’s post-quantum security technologies, this collaboration contributes to the development of secure quantum computing systems. It supports the development of trusted quantum systems for industrial and critical applications.”

Philippe Delmas, Chairman of the Board, Quobly
“Quobly represents a rare combination of breakthrough scientific capability and industrial execution discipline. The company is positioning itself at the intersection of quantum computing, semiconductor manufacturing and high-performance computing infrastructure, three strategic domains that will shape the next generation of computing technologies.”

Advisors
Financial advisors to Quobly were Avolta and Rochefort & Associés. Legal advisors to Quobly were Goodwin and Kelten. 
Legal advisors to investors included Bignon Lebray, Jones Day and Rimon Law. Financial advisory support was provided by Forvis Mazars. 
Bank financing partners included BNP Paribas, Bpifrance, Caisse d’Epargne Rhône-Alpes and Société Générale.

About Quobly
Visit our website and follow us on LinkedIn.

Contact media: marie.cabrieres@quobly.io

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SOURCE Quobly

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