NASA Awards $1M to ColdQuanta to Accelerate Commercial Deployment of Quantum Atomic Systems

October 15, 2019

Funding will help ColdQuanta advance its Quantum Core™ technology platform, leading to quantum signal processing systems, quantum positioning systems, and quantum computers

BOULDER, Colorado – October 15, 2019 – ColdQuanta, Inc., the quantum atomics company, today announced it has been awarded $1M from NASA’s Civilian Commercialization Readiness Pilot Program (CCRPP). The program will enable ColdQuanta to develop significantly smaller cold atom systems with a high level of ruggedness. This award expands on the success of ColdQuanta’s Quantum Core technology which was developed with the Jet Propulsion Laboratory (JPL) and is currently operating aboard the International Space Station (ISS). The company expects continued advancement of its technology to lead to compact systems of unprecedented capability, including quantum-based timekeeping, navigation, and radio-frequency field sensing, as well as quantum communications, computing, and simulation.

“We believe this new award from NASA is clear validation of the success of the deployment of ColdQuanta’s Quantum Core on the ISS and of ColdQuanta’s expertise in quantum systems,” said Bo Ewald, CEO of ColdQuanta. “The new funding will help accelerate our development and productization of quantum-based technologies for signal processing, global positioning, and computing. While it is still early in the development of all quantum-based technologies, we see an enormous opportunity for ColdQuanta in these new markets.”

“The NASA commercialization program helps us to continue to develop our Quantum Core technology, reduce the size of our products, and refine our manufacturing processes,” said Dr. Dana Anderson, Founder and Chief Technology Officer of ColdQuanta. “All of these advances are steps toward our goal of commercializing entirely new types of quantum systems. It will be especially exciting to deliver another rugged, turnkey cold atom system in a deployable chassis at the end of the effort.”

The CCRPP program reflects NASA’s interest in driving quantum technologies towards a higher level of maturity and commercial viability. The award, matched with internal ColdQuanta research and development funding, will optimize several manufacturing processes and result in a highly compact cold atom system suitable for portable quantum atomic devices. Ultimately the size reduction and subsystem improvements will result in delivery of a self-contained cold-atom instrument (currently 400 liters) of approximately 40 liters. The system is targeted to enable deployable atomic clocks, cold-atom-based sensors, and inertial measurement units suitable for platforms ranging from ground vehicles to satellites.

About ColdQuanta

ColdQuanta leads the market in commercializing quantum atomics, the next wave of the information age. The company’s Quantum Core™ technology uses ultra-cold atoms cooled to a temperature of nearly absolute zero using lasers to manipulate and control the atoms with extreme precision. Based on its Quantum Core technology, ColdQuanta manufactures components, instruments, and turnkey systems that address a broad spectrum of applications ranging from timekeeping and navigation to quantum computing, and from radiofrequency (RF) receivers to quantum communications systems. ColdQuanta’s global customers include major commercial and defense companies, all branches of the U.S. Department of Defense, national labs operated by the Department of Energy, NASA, and NIST, and major universities. ColdQuanta is based in Boulder, CO with offices in Madison, Wisconsin and Oxford, UK.