Strathclyde and M Squared tech tie up nets £5m boost
● Investment in advanced computing tech to help create safer future online
A “ground-breaking” University of Strathclyde-led quantum technology partnership, which aims to develop some of the world’s most powerful computers, has secured funding of £4.6 million.
Researchers at Strathclyde and Glasgow-based photonics and quantum technology firm M Squared are collaborating to develop advanced computing technology.
The project is targeting greater computational power than even the largest available supercomputer.
It is hoped that it could strengthen banking security, enhance traffic management, and support aerospace security, and the partners aim to work with fintech and aerospace businesses to deliver major advancements in the UK’S quantum capabilities.
The research has gained £2.6m in Prosperity Partnership funding from the Engineering and Physical Sciences Research Council (EPSRC) as part of UK Research and Innovation, while M Squared has invested a further £1.7m, and Strathclyde has contributed £300,000.
Future applications of the technology developed in this partnership include accelerated drug design for improved healthcare, novel materials for aerospace and manufacturing, and the speed-up of optimisation problems including scheduling and logistics for enhanced traffic management or improved efficiency in energy distribution across the National Grid.
It also comes hot on the heels of the recent opening by M Squared of a quantum research facility, based in Strathclyde’s Inovo building in Glasgow City Innovation District.
Graeme Malcolm, chief executive and founder at M Squared, commented that the tie-up “is a demonstration of the scientific community harnessing the enormous benefits of collaboration between world-leading research institutions and advanced industry in the quest to develop frontier technologies”.
He added: “At M Squared, we are thrilled to be at the heart of this ground-breaking work which the new funding will help to accelerate. Cross-sector investment is proving critical for progressing the UK’S quantum computing capabilities, and we are extremely proud to be at the forefront.
“Glasgow has all the requisite components to pioneer the coming quantum era on the world stage and play a globally significant role in shaping the future of these defining years for the trajectory of this technology.”
Strathclyde’s lead in the Prosperity Partnership project is Jonathan Pritchard, a research fellow in the university’s physics department.
He said: “We are really excited to have secured significant funding to develop this new experimental platform, which is currently not supported within the quantum technology hubs, but which offers the potential to be truly disruptive… This is great opportunity, both for Strathclyde and for the UK as a whole, to establish new capability.”