Quantum technology firm aims to commercialize ‘neutral atom’ approach
The company designs and manufactures ultra-high vacuum systems and components for cold atom and related quantum technologies, which have applications in the areas of secure quantum communications, neutral atom quantum computing, and quantum metrology. The $6.75 million in seed financing was led by Maverick Ventures, with participation from Global Frontier Investments.
“ColdQuanta was founded upon the vision that quantum technology would someday emerge as a paradigm having significance on par with those of the transistor and the laser,” says Dana Anderson, ColdQuanta’s CEO. “Having been in the quantum technology manufacturing business since 2007, ColdQuanta is well-poised to enter the emerging quantum era, addressing applications ranging from timekeeping to secure communications, and from navigation to quantum simulation and computation. We are thrilled to embark on this next phase of the company evolution with partners that understand the practical significance of the quantum paradigm and have taken a long-term perspective on the disruptive impact of quantum-enabled technology.”
Mark Saffman, Professor of Physics at University of Wisconsin-Madison and a member of ColdQuanta’s scientific advisory board adds, “Quantum computing is witnessing explosive growth worldwide. Neutral atom based approaches are leading the way in scalable systems for quantum computing, simulation, and communications. The neutral atom technology pioneered by ColdQuanta will be central to transitioning University-based research to commercial systems for real-world applications.”
ColdQuanta was founded in 2007 as an internally financed spinoff from the JILA (formerly Joint Institute for Laboratory Astrophysics) Institute and Physics Department at the University of Colorado, Boulder. Based upon the research of Prof. Dana Anderson in laser-cooled and ultracold atom enabled quantum technologies, it has been awarded contracts from numerous federal agencies, and has sold products to customers in academic, federal, and industrial R&D labs around the world.
Related articles:
Flawed diamonds may be key for quantum communications
Quantum internet moves closer to reality
Quantum radar project promises to expose stealth aircraft
Europe to build commercial laser-based quantum security system in the sky
Hyper-entagled quantum communication tested in the open air
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
