Quantum Exponential Group PLC Attendance at No.10 Downing Street (8838Q)
2023年10月23日 - 3:04PM
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TIDMQBIT
RNS Number : 8838Q
Quantum Exponential Group PLC
23 October 2023
23 October 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Future of Quantum Computing Attendance at No.10 Downing
Street
Quantum Exponential Group plc (AQSE: QBIT), a company focused on
investing in quantum technology, is proud to announce that its CEO,
Steven Metcalfe, had the privilege of visiting No.10 Downing Street
on Thursday 19th October for a critical discussion regarding the
future of quantum computing and its transformative impact on the
technology landscape.
This exclusive gathering was a testament to the growing
recognition of quantum technologies as pivotal to the future of
innovation and investment. The event, hosted by senior government
officials, included prominent Members of Parliament including
Dominic Johnson, George Freeman, and Professor Julia Sutcliffe,
alongside Johnathan Legh-Smith, the head of the UK Quantum.
The meeting fostered a dynamic exchange of ideas and strategies,
with a diverse representation of quantum technology companies from
across the UK. Quantum Exponential was honoured to be part of this
discussion, reaffirming its commitment to advancing quantum
computing and its active involvement in shaping the future of this
groundbreaking industry.
The Company is pleased to share that this dialogue at No.10
Downing Street follows the recent recognition by the UK
Government's Department for Science, Innovation and Technology
(DSIT) awarding Quantum Exponential a six-month paid-for consulting
contract in collaboration with Anchored In. The contract is aimed
at examining and advising on strategies to increase private
investment into the quantum sector.
This consultancy project represents a significant step towards
enhancing the private investment landscape in the quantum sector
and underlines Quantum Exponential's commitment to driving quantum
technologies to new heights.
Steven Metcalfe, CEO of Quantum Exponential, commented: "It was
a real honour to be invited to be part of this discussion at No.10
Downing Street on how the government can, and will, support and
invest in quantum technology. It was clear from this morning that
the UK government understands the critical nature of the technology
and appreciates the need to collaborate with the private sector to
ensure a robust and diverse investment landscape.
"The work we are doing on behalf of 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."
This announcement contains information that, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
The Directors take responsibility for this announcement.
**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
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(END) Dow Jones Newswires
October 23, 2023 02:04 ET (06:04 GMT)
Quantum Exponential (AQSE:QBIT)
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