All right.
In 2013 we founded Quantum Valley Investments and its vision is to complete the analogy. We believe we can establish, in the region of Waterloo, Canada, commercialization infrastructure focused on quantum technologies, and can build on the culture of entrepreneurialism and innovation that already exists in this region with the same kind of success achieved by the pioneers of Silicon Valley.
The second quantum revolution will change how we view matter and energy, materials and computation, and medical diagnostics and medicine, and will enable advances that would be impossible with even the best classical technologies. It holds the potential to create whole new industrial super-cycles on the order of industrial and information revolutions. Canada is not large enough to be a successful late follower. It must leverage these early investments in order to be able to capitalize on the substantial future opportunities.
We are now in year 15 of a 25-year strategy to position Canada as a leader in the second quantum revolution and build a quantum industry in Canada. If we are to maintain this lead and achieve this goal, we will have to continue and to expand our investments in these great Canadian institutions over the next 10 years.
Ultimately, Canada's success will depend on the talents and drive of those researchers, scientists, engineers, and business leaders who will build these institutions and companies. We must strive to make Canada the destination of choice for students, researchers, engineers, technicians, business leaders, and the capital that will help ensure our success.
Thank you.