Quantum Exponential Group PLC UK Government Consulting Contract Awarded (8770N)
2023年9月28日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMQBIT
RNS Number : 8770N
Quantum Exponential Group PLC
28 September 2023
28 September 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
UK Government Consulting Contract Awarded
Quantum Exponential Group plc (AQSE: QBIT), a company focused on
investing in quantum technology, is pleased to announce that the UK
Government's Department for Science, Innovation and Technology
('DSIT') has awarded the Company in collaboration with Anchored In,
a six-month paid-for consulting contract to examine and advise on
increasing private investment into the quantum sector (the
'Contract'). The Contract was won via a competitive tender and in
conjunction with Anchored In Limited, a UK-based innovation
consultancy with a legacy in the national innovation ecosystem,
with specific focus currently in quantum technologies where the
combined skill set of both companies were crucial to winning the
contract.
With Quantum Exponential's deep knowledge of the quantum sector,
in particular its knowledge of emerging technologies investment
markets and the relationships and networks within it, and Anchored
In's expertise in community engagement and policy advice, it will
report on the question "What can the quantum sector, investment
community, and UK Government do to support increased private
investment into UK quantum companies, particularly at later
rounds?".
As has been widely reported, it is a key goal of the UK's
National Quantum Strategy to increase private investment into the
UK's quantum companies to help them scale. Support for quantum
technology is a key priority for governments in many advanced
countries, as evidenced by the UK Government's publication in March
2023 of its 10-year GBP2.5 billion National Quantum Strategy. The
findings under this Contract will gather evidence to help DSIT
understand the challenges to investment in the emerging UK quantum
technologies market, and how they could be overcome. This will help
to create informed policies based on research evidence to support
more private investment into the UK quantum technologies
sector.
Stuart Nicol, Quantum Exponential's Chief Investment Officer,
commented: "The award of the Contract from DSIT is testament to the
knowledge and network we have here at Quantum Exponential which
will enable us to advise the UK Government on how to attract
investment in the UK quantum technology market. We believe there is
a significant level of interest in the growth of quantum technology
as an investment and with ever more companies emerging, I am
confident this will only get stronger going forward. The desire of
the UK Government to support and invest in quantum is key for this
growth and we look forward to providing DSIT with our results and
findings which will help to inform policies going forward".
Ian Pearson, Chairman of Quantum Exponential, added: "Quantum
technologies and AI are key drivers of productivity, economic
growth and jobs, as well as healthcare and much more. I am
delighted that DSIT has chosen Quantum Exponential to advise on how
the UK can build on its strengths and increase private investment
into this fast-growing area."
As part of the Contract, Quantum Exponential, together with
Anchored In, will be running workshops over the coming months with
members of the investment community and invite those interested in
participating to get in touch via the contact details set out
below.
**ENDS**
For more information, visit the Company's website:
www.quantumexp.co.uk or contact:
Steven Metcalfe, Chief Executive Officer c/o quantum@stbridespartners.co.uk
Novum Securities (AQSE Corporate Adviser) Tel: +44 (0)20 7399 9400
David Coffman, George Duxberry
Oberon Capital (Broker) Tel: +44 (0)20 3179 5344
Mike Seabrook, Chris Crawford
St Brides Partners Limited (Financial PR) quantum@stbridespartners.co.uk
Catherine Leftley, Ana Ribeiro, Isabelle Morris
About Quantum Exponential Group plc
Quantum Exponential is a first of its kind, AQSE Growth Market
Enterprise Company, focused on opportunities in quantum technology
and the wider quantum computing sector, with an advisory board made
up of industry advisors, entrepreneurs, and technology investment
professionals with broad access to quantum opportunities and
markets. Quantum Exponential's investment strategy is to assemble a
portfolio of minority investments in early-stage global quantum
technology companies, primarily in NATO allied countries, offering
institutional and private investors access to revolutionising
technologies and industries in the realms of artificial
intelligence, manufacturing and healthcare.
Quantum Exponential trades on Aquis Growth Market under the
ticker symbol "QBIT".
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END
NEXUBUOROSUKUAR
(END) Dow Jones Newswires
September 28, 2023 02:00 ET (06:00 GMT)
Quantum Exponential (AQSE:QBIT)
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