Founded in 2007, ColdQuanta is a well-established manufacturer of quantum components and instruments that address a broad spectrum of markets including quantum-based timekeeping, navigation and radio-frequency field sensing, as well as quantum communications, computing, and simulation. The company recently completed a $6.75 million seed funding round to develop turnkey quantum products and technologies.
"We are just now coming to the end of the beginning of quantum technology; it is time to accelerate the productization of quantum-enabled instruments and systems", stated Bo Ewald, president and CEO of ColdQuanta. "Governments around the world as well as academic and industry experts have recognized the economic and national security potential of quantum technology; witness the recent passage of the National Quantum Initiative in the U.S., along with similar programs in several other countries. With our expertise in cold-atom quantum devices and systems, ColdQuanta is uniquely positioned to deliver commercial technologies to customers looking for quantum capabilities in sensing, navigation, computing and communication."
Previous CEO Dana Z. Anderson, Ph.D., ColdQuanta founder and professor of physics at the University of Colorado, returns to his role as the companys chief technology officer. Dr. Anderson is well-known for his work in optical neural networks, the development of atom and optical-based inertial sensors, and key quantum-enabling technology, such as atom chip technology and miniature, high-performance cold and ultracold atom systems.
"The growing industry and government recognition of the importance of quantum science and technology gives impetus for the company to focus on quantum-enabling our partners and customers", stated Dr. Dana Anderson, CTO for ColdQuanta. "With his experience at Cray, SGI and D-Wave, Bo has successfully navigated companies through the bleeding edge of technology several times before. I am thrilled to have Bo take ColdQuanta's helm."
"We are fortunate to have on board someone of Bos experience, technical caliber and dynamic leadership in quantum computing and technology", stated Timothy Day, executive chairman for ColdQuanta. "His hands-on experience leading research-based technology companies on the path from development to commercial product revenue is an ideal match for our team."