ColdQuanta awarded $2.8M from U.S. to advance its quantum core technology

Wednesday October 30, 2019 0 comments Tags: Boulder, ColdQuanta, quantum core technology, Bo Ewald, NASA, Dana Anderson

BOULDER -- ColdQuanta, Inc. announced it has been awarded an additional $2.8M across four separate programs from DARPA, NASA, and the U.S. military.coldquanta-logo 

The programs will advance the development of ColdQuanta’s cold atom Quantum Core™ technology for quantum positioning (gyroscopes and atomic clocks), quantum sensors (radiofrequency detectors), and quantum communication systems, the company said.

Following the recent announcement of a $1M award from NASA, these awards put ColdQuanta’s cumulative R&D funding at more than $30M.

“ColdQuanta’s success in delivering advanced systems in prior projects, such as our Cold Atom Laboratory system on board the International Space Station, has earned us the trust of major U.S. government agencies and national labs,” said Bo Ewald, CEO of ColdQuanta.

“These new awards underscore the importance of quantum atomics as the basis of a wide range of new quantum systems in the future.”

“While each of these awards focus on a different application of cold atom technology, taken together they are important milestones toward the development of quantum systems for global positioning and communications,” said Dana Anderson, ColdQuanta’s founder and CTO.

“Our team is excited about the new projects and the continued development of our Quantum Core technology, with the goal of delivering and deploying quantum positioning systems (QPS), quantum signal processing (QSP) and quantum computers in the future.”