ColdQuanta received two development contracts from U.S. Government agencies worth $2.55M in total, based on the company’s Quantum Core technology that uses atoms cooled to a temperature of nearly absolute zero, and lasers to manipulate and control the atoms with extreme precision. According to the Boulder, Colorado-based company, cold atom quantum technology can be used for secure global navigation, quantum timekeeping, and communications.
Quantum Atomic Clock
The Office of the Under Secretary of Defense for Research & Engineering (OUSD (R&E)) awarded ColdQuanta $1.8M for the development of a prototype atomic clock that could enable reliable, highly accurate, position, navigation, and timing (PNT) capabilities, necessary for the functioning of critical infrastructure around the world: financial networks, computer, TV, and radio services, and more. Because of GPS signal vulnerability, the development and deployment of a PNT system that doesn’t depend on GPS is a critical need
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BOULDER, Colo., April 7, 2021 /PRNewswire/ ColdQuanta, the leader in Cold Atom Quantum Technology, has been awarded two development contracts from U.S. Government agencies worth $2.55M in total. Both projects are based on the company s Quantum Core™ technology that uses atoms cooled to a temperature of nearly absolute zero, and lasers to manipulate and control the atoms with extreme precision.
Quantum Atomic Clock:
The Office of the Under Secretary of Defense for Research & Engineering (OUSD (R&E)) awarded ColdQuanta $1.8M for the development of a prototype atomic clock that could enable reliable, highly accurate, position, navigation, and timing (PNT) capabilities, necessary for the functioning of critical infrastructure around the world. Atomic clocks are used for GPS/GNSS systems, as well as for time distribution services that are the basis of financial networks, computer, TV, and radio services, and other applications we depend on
ColdQuanta Wins NASA Entrepreneur’s Challenge
ColdQuanta, the quantum atomics company, was awarded a $100K prize as one of six winners of NASA’s Entrepreneur’s Challenge. According to NASA, “The challenge’s purpose is to invite fresh ideas for development of new instruments and technologies to advance the agency’s science exploration goals and increase participation by entrepreneurial companies in the agency’s technology portfolio.” Over 80 companies submitted proposals under this program.
ColdQuanta’s proposal is to use its cold atom technology to develop a compact, low-power quantum gravity sensing device that can be deployed in space on board a small satellite. Such a device will extend NASA’s ability to: