A new Quantum Technology Centre at Lancaster University has the potential to make huge advances in energy, medical science, financial security and computing.
The centre, which is getting more than £6m of investments in facilities from the university, is a highly-significant development for the region as the government pushes regions to identify smart technologies that can give them a competitive advantage and drive economic growth.
Lancaster University will now actively engage with the business community to exploit the market potential from the centre’s research – which also aims to develop a new cluster of high-tech companies setting up in the region to take advantage of the centre’s research output.
Professor Yuri Pashkin, recruited by Lancaster University from IT corporation NEC to be a director of the centre, said: “Quantum technologies are an exciting field of physics that has the potential to offer huge advances in technologies that cut across many fields including energy, medical science, financial security and computing.
“Lancaster University has recognised the great potential of quantum technologies and has invested significantly in facilities and talent to create the Quantum Technology Centre. We believe it has the potential to be a very important strategic development for the region’s economic future through the commercial exploitation of our research.”
Investment in quantum technology forms part of the Lancashire Strategic Economic Plan, developed by the Lancashire Enterprise Partnership. This would enable the Centre to work with regional SMEs to develop and commercialise the centre’s research outcomes.
The university is seeking investments of around £35 million from the EPSRC and the Lancashire Enterprise Partnership for additional facilities and equipment as part of the next phase of development. This would increase the centre’s capacity for quantum research, train a new generation of technologists, as well as provide new quantum technology device manufacturing facilities.
The first phase will be launched with a two-day event at the university’s Conference Centre, which an official launch between 4pm and 6.30pm on Wednesday, May 28. To book, visit www.eventbrite.co.uk/e/lancaster-quantum-technology-centre-launch-tickets.