Nokia (NOK) has broken ground on its next-generation Ottawa campus. The company said, “Building on more than five decades of pioneering innovation in the Ottawa region, Nokia is reaffirming its leadership in the nation’s communications technology evolution. The new campus will play a pivotal role by driving breakthroughs in AI-powered networks, data center networks, quantum-safe infrastructure, and next-generation 6G technologies, while cultivating strategic industry partnerships and developing the next generation of innovators. Nokia’s Ottawa campus will be more than an R&D hub; it will serve as a launchpad for the future of Canadian innovation, accelerating advances in AI, quantum technologies, and sustainable digital transformation. Spanning nearly 750,000 square feet in the heart of the Kanata North Tech Park, home to over 1,900 R&D professionals in Ottawa and 2,500+ nationwide. The new campus, located where Nokia’s world-class routers, 800 G optics, data center technology and quantum safe networking were designed, will continue to accelerate Canadian goods, services and talent, boost economic growth, and set new standards in sustainable design, including LEED principles, renewable and resilient energy systems, and low-carbon materials.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOK:
- Nokia delisting from Paris Stock Exchange
- Mixed options sentiment in Nokia with shares up 0.93%
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- From Transistors to AI as Nokia Pledges $4B U.S. Manufacturing Spend
- Nokia says to invest $4B in R&D and manufacturing in U.S., Bloomberg reports
