Quantum start-ups join pioneering business incubation programme supported by the NQCC

The Science and Technology Facilities Council (STFC) has announced the first innovative start-ups to join two new business support programmes, aimed at helping digital and quantum technology start-ups succeed in global markets.

In partnership with the NQCC, the Quantum Business Incubation Centre (QuBIC) supports businesses developing innovative products or services that rely on quantum technologies.

From quantum hardware to software and applications, the three new quantum computing businesses joining the QuBIC are spearheading new quantum technologies to solve challenges across various sectors.

The first companies to join the QuBIC are:

Applied Quantum Computing

Developing ways to make healthcare smarter using a mix of classical and quantum computing to develop solutions to complex problems, such as optimising patient allocation to theatre operating lists.

The result would be improved healthcare for patients, a more satisfied workforce and financial benefits for the NHS.

Finchetto

Developing a ground-breaking optical network switch enables faster, more sustainable computation.

This world-first technology is set to boost performance across various sectors, such as:

  • data centres
  • HPC
  • AI
  • telecommunications networks

These are crucial for handling present and future quantum computing workloads efficiently.

OpenQuantum

Revolutionising quantum computing by providing a cutting-edge platform, open-source tools and world-class components and building systems that deliver significant advantages now and in the future.

This innovative approach not only simplifies the construction of quantum computers but also democratises access to quantum computing for a global community of scientists, software engineers, and developers. This will also enable the acceleration of the timeline to widespread adoption and leveraging quantum in many critical applications.

Driving the UK quantum computing mission

Located at the Harwell Campus in Oxfordshire, the NQCC is the UK’s national lab for quantum computing, dedicated to delivering quantum computing capabilities for the UK.

Working in collaboration with the EPSRC, it sits within the UK National Quantum Technologies Programme, aiming to build capabilities in quantum technologies and help bring these to market.

Dr Simon Plant, Deputy Director for Innovation at the NQCC, said:

“We are pleased to be a partner in the QuBIC program reaffirming our commitment to support the growth of the UK’s quantum computing industry. We aim to help early-stage technology companies achieve their full commercial potential by de-risking the route from proof-of-concept to market for innovative new products and ideas”.

Read the full announcement here.