Quantum technology to receive multi-million pound government investment
06 December 2013
The government is to invest £270m over five years in the development of quantum technologies, including £32m through the Technology Strategy Board.
The investment will support the development of a national network of research centres, as well as postgraduate skills, research and infrastructure, and an innovation programme. Many UK universities which already have strong quantum research programmes will also compete for funding.
The UK's world-leading science and innovation base, especially, is well placed to exploit this technology. Applications in satellite navigation and data communications have already been demonstrated, and there is further potential in the areas of secure communications, simulation, computing, and metrology and sensors.
The Technology Strategy Board will work with the Engineering and Physical Sciences Research Council (EPSRC) to encourage UK companies to evaluate and develop innovative uses of quantum technology, to gain an early competitive advantage in the global race to exploit this innovative technology area.
Approximately £234m of the funding is expected to be allocated to the EPSRC, £32m to the Technology Strategy Board, and £4m to the National Physical laboratory.
Iain Gray, chief executive of the Technology Strategy Board, said: "The chancellor's announcement of funding to support early-stage work in applications of quantum technologies is extremely welcome.
"UK companies have been closely involved in early developments in this exciting new area, and this funding will allow us to work with the research base and companies from several areas to evaluate and develop the potential of quantum technologies."
Professor David Delpy, chief executive of the EPSRC, also commented: "We will be working with partners such as the Technology Strategy Board to identify best use of these funds, and details of how this investment will be allocated will follow in 2014."
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