Quantum Catalyst Fund names South West and West Midlands winners
Quantum computing companies from the South West and West Midlands are among the winners in a £15 million government competition exploring the benefits of using quantum technologies in various areas.
The companies covered a variety of sectors, including health, transport and net zero.
Funds for the winners were drawn from the Quantum Catalyst Fund, a fund and initiative aiming to accelerate the adoption of quantum solutions by the public sector.
The first round of feasibility studies under the new fund will explore how quantum technology can provide new capabilities in public services, such as quantum-enabled brain imaging in healthcare to tackle epilepsy, concussion, and dementia, or quantum computing that can solve optimisation problems in energy grids, helping us to reach net zero.
The winners included:
Quantum Enabled Detector (QED) - Microchip Technology Caldicot Ltd, Bristol
Quantum photonic neural networks to predict instabilities in tokamaks - Duality Quantum Phototonics Ltd, Bristol
Quantum-Accelerated Recombinant Protein Drug Embedding Frameworks - Vorsus Ltd, Rugby, Warks
Q-CALC (Quantum Contextual Artificial Intelligence for Long-range Correlations) - Coldquanta UK Ltd, Warwick
CQINS: Continuous Quantum Inertial Navigation Systems - Coldquanta UK Ltd, Warwick
UK Minister of State for the Department for Science, Innovation and Technology, George Freeman MP, said: "The Quantum revolution is set to be as transformational as the rise of classical computing, and is now starting to open up whole new fields from superfast computing to navigation, allowing us to do things that were previously impossible.
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"We can use our scientific leadership in quantum to build exciting new career paths, businesses and even whole sectors here in the UK, boosting economic growth.
"Our Quantum Catalyst Fund will help to push the boundaries of this technology’s development, and use public sector procurement to help nurture new companies and deliver benefits for citizens in public services to benefit us all."
