The University of Bristol has this week, announced plans to establish the world’s first open access Quantum Technologies Innovation Centre, focusing on taking quantum research from the lab and into the commercial world and positioning the UK as a global leader in the field.
The £43 million Quantum Technologies Innovation Centre (QTIC) has been funded in partnership by £15 million from the West of England Local Enterprise Partnership (LEP), £21 million from industrial partners and £7 million from the University of Bristol. It will be based in the University’s new enterprise campus, to be built in the heart of the city.
KETS CEO, Chris Erven said “Together, we can capitalise on the very large investment in quantum technology in the UK. We look forward to being one of the first tenants of QTIC, as we strive to grow KETS into a vibrant, expanding, and innovative digital communications security company empowering next generation IT systems and leading the Quantum 2.0 revolution.”
“QTIC looks to bring networks of people and different application areas together with new technologies to foster radically different ideas and this is exactly what companies like ours will need to be successful in this new and emerging market.”
The Government has already shown its commitment to making the UK a ‘go-to’ place for the development and commercialisation of quantum technologies, investing £270 million over five years into a National Quantum Technologies Programme to accelerate the translation of quantum technologies into the marketplace.
The University of Bristol, where KETS technology was developed, is a major partner in two Quantum Hubs and predicts through its current QT enterprise programme that it will help to establish over 40 new quantum businesses as a result, which in turn will benefit from the facilities on offer at QTIC.