Quantum tech firm Coldquanta moves in at Oxford Technology Park
Coldquanta UK has agreed a lease on space in the innovation quarter (IQ) at Oxford Technology Park in Kidlington.
The company – part of global quantum tech firm Infleqtion – uses atomic physics to build quantum computers and integrate them across networks, delivering an ecosystem of devices and platforms.
This technology has the potential to transform the life science industry by significantly reducing time and costs for drug development.
Once laboratory fitout works are complete, the Coldquanta team will move into a 7,497 sq ft fully fitted workspace at the Oxfordshire park.
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It’s being leased by Life Science REIT, which acquired the site in May 2022.
Ian Harris is director of asset management at Ironstone Asset Management, investment advisors for Life Science REIT.
He said: “We’re really encouraged by the leasing momentum we’re seeing at the IQ, strengthening our conviction in this more flexible format and the fully fitted proposition.
“The IQ also provides emerging life sciences businesses with the opportunity to grow and collaborate with like-minded businesses at Oxford Technology Park, in neighbouring Begbroke and the academic institutions in Oxford.”
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