TIDMQBIT
RNS Number : 0588O
Quantum Exponential Group PLC
29 September 2023
29 September 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
New European Headquarters
Quantum Exponential Group plc (AQUIS: QBIT), a company focused
on investing in quantum technology, is pleased to announce that it
has established a European entity and opened its first European
headquarters in Copenhagen, Denmark.
Highlights
-- The headquarters will be situated within Copenhagen's Quantum
Deep Tech Lab, adjacent to the recently founded Novo Nordisk
Foundation Quantum Foundry, the Danish NATO Centre for Quantum
Technology (part of NATO's Defense Innovation Accelerator for the
North Atlantic (DIANA)) and the internationally acclaimed Niels
Bohr Institute.
-- Denmark is swiftly emerging as a key player in the worldwide
quantum landscape with a strong quantum ecosystem, having been
selected as the location for the new NATO Centre for Quantum
Technologies.
-- Quantum Exponential views this as an opportunity to grow and
support investments in the broader European quantum ecosystem as it
proceeds in accordance with its stated investment strategy.
Commenting, CEO of Quantum Exponential Group, Steve Metcalfe
said: " As Denmark is quickly developing into a prominent
stakeholder in the global quantum ecosystem, we are truly looking
forward to working closely with its quantum community. We believe
that establishing a European headquarters will not only create
innovative opportunities within the investment space but also help
to accelerate the progress that has already been made. Our
commitment extends beyond Denmark, as we see this as a European
opportunity to support and invest in the broader quantum landscape
in alignment with our strategic vision.
"This is an exciting moment not just for Quantum Exponential,
but for the entire quantum technology landscape, with governments,
corporations, and financial institutions increasingly recognising
the vital importance, strategic relevance, and pressing need to
invest in quantum technology."
Chief Operating and Strategy Officer of Quantum Exponential
Group, Stuart Woods, added: "There is a lot of momentum happening
in the quantum space right now in Denmark, and we're excited to be
at the heart of it. Recent global dynamics combined with our
expanded understanding of quantum make Copenhagen, NATO, Novo
Nordisk's Quantum Foundry, and the Niels Bohr Institute a perfect
intersection for incubating the next generation of quantum
technology which will help shape verticals such as medical, smart
infrastructure, defence, and navigation. We are very excited to
support this next evolution in partnership with Denmark and
Europe."
**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 AQSE Growth Market under the
ticker symbol "QBIT'.
About Niels Bohr Institute
The Niels Bohr Institute in Copenhagen will host a new NATO
Centre for Quantum technologies. The Centre will include an
accelerator site and incubator where companies can mature their
technology and bring it to the market with sparring and input from
world leading scientists from the Niels Bohr institute and other
Danish universities. The Center will also host a test centre
facility and laboratory where quantum technology can be developed
and tested, including components in quantum sensors, quantum
encryption devices and quantum computers. The new centre is part of
NATO's Defense Innovation Accelerator for the North Atlantic
(DIANA). DIANA aims to keep the NATO countries technological edge
by promoting new and disruptive technologies in the alliance.
Denmark is home to a vibrant and innovative quantum ecosystem
built on the legacy of Niels Bohr's discoveries and the team of
leading physicists he brought together in Copenhagen in the 1920's.
In the collaborative spirit of Niels Bohr, the Danish application
to NATO was developed in close cooperation between several
ministries, universities, business associations and the Danish
Quantum Community. Companies from the NATO countries that will
participate in the accelerator and test site will benefit from the
open, innovative and collaborative spirit in the Danish Quantum
ecosystem.
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END
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September 29, 2023 02:00 ET (06:00 GMT)
Quantum Exponential (AQSE:QBIT)
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