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UK Quantum Photonics Startup AegiQ Secures £1.4 million in Funding

CEO and co-founder Dr. Max Sich, AegiQ CEO and co-founder Dr. Max Sich, AegiQ Image Credit: AegiQ

AegiQ, the UK quantum photonics start-up, has secured a total of £1.4 million in funding from Innovate UK to develop secure quantum communications for fibre-optic and satellite based applications, announced the firm this week.

AegiQ will join a global pilot project to provide scalable, high-performing semiconductor technology for next generation telecoms.

 

AegiQ has been awarded Innovate UK funding as part of a consortium of companies. It will build communication infrastructure resistant to hacking by new quantum methods. The start-up is also championing the use and development of quantum photonic technologies.

Led by CEO and co-founder Dr. Max Sich, AegiQ is a spin-out of the University of Sheffield and part of the UK government's £70m funding initiativeto secure the UK’s position as a world-leader in quantum technology.

Quantum cryptography is viewed as the key to future-proofing security by the telecoms industry, by addressing advances in quantum computing which make traditional messaging encryption methods vulnerable to attacks. 

AegiQ is the leading company developing III-V semiconductor-based quantum photonics (manufacturing chips using elements such as Gallium, Indium and Arsenic rather than traditional Silicon), which is accepted as a far superior method in terms of reliability and security, and leverages existing industrial processing techniques. 

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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