A University of Strathclyde-led quantum technology partnership, aiming to develop some of the world’s most powerful computers, has secured funding worth a total of £4.6 M ($5.9 M).
Researchers at Strathclyde and photonics and quantum technology company M Squared are collaborating to develop new computing technology, which they say could better protect financial transactions, enhance traffic management and support aerospace security.
The research has gained £2.6 million in Prosperity Partnership funding from the Engineering and Physical Sciences Research Council as part of UK Research and Innovation, while M Squared has invested a further £1.7 million, and Strathclyde £300,000.
Future applications of the technology developed in this partnership include accelerated drug design, novel materials for aerospace and manufacturing and improved efficiency in energy distribution across the UK’s electricity National Grid.
The project will complement the work of the UK-wide Quantum Technology Hubs, which explore the properties of quantum mechanics and how they can be harnessed for use in technology. Strathclyde is the only university that is a partner in all four of the hubs.
Related Reports and Monitors
Epitaxy Growth Equipment for More Than Moore Devices Technology and Market Trends 2020
Market & Technology
GaN-on-Silicon 2020 – Patent Landscape Analysis