Quantum Computing Companies

UK earmarks £70 million funding to push quantum technology

June 16, 2020

The UK has announced that it was support the quantum computing industry in the United Kingdom with 70 million in funding ranging over 38 projects. The Science Minister Amanda Solloway has today announced the projects which will help the UK be a leader in the Quantum Computing Revolution.

The £70 million government funding and investment is part of its Quantum Technologies Challenge, led by UK Research and Innovation (UKRI). British companies such as Phasecraft, Riverlane, QLM, Adaptix have all been awarded funds.

The UK is home to some of the world’s most advanced quantum technology companies tackling some of the most pressing challenges – from speeding up the diagnosis of cancerous tumours to detecting harmful gas leaks.

Amanda solloway, science minister

Mentioned Quantum Computing Companies

Will the UK’s latest investment be enough to help it compete in the international Quantum Computing space? Here at one of the many tech conferences, quantum is starting to get some visibility.

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