TIDMQBIT
RNS Number : 6949W
Quantum Exponential Group PLC
22 August 2022
22 August 2022
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Quantum Exponential joins the ICFO's Corporate Liaison
Programme
Quantum Exponential Group plc (AQUIS: QBIT), a company focused
on investing in quantum technology, is pleased to announce that it
has become a member of the Photonics Centre of Excellence in
Barcelona ('ICFO'), a Spanish research institute that is made up of
80 state-of-the-art laboratories whose research is devoted to
science and technology of Photonics, the physical science and
application of light waves. Quantum Exponential's four year
membership will be as part of the ICFO's Corporate Liaison
Programme (CLP) under the category of Member of the Programme that
aims at creating continuous collaborations and links between the
Company and ICFO researchers.
ICFO's CLP Membership highlights include:
-- Access to a custom-made action plan from a member of ICFO's
Knowledge and Technology Transfer team, to determine points of
interest between Quantum Exponential's investment interests and the
activities and initiatives carried out at ICFO.
-- Ability to connect with leading industry scientists and
quantum initiatives through a programme of events, seminars,
workshops, lectures and other activities organised by ICFO.
-- ICFO will facilitate such connections and help establish
relationships between CLP members and the Company to allow
collaborative activities, cooperation agreements, or joint
activities such as participation in research projects.
-- Access to a network of industry leaders.
-- Increased visibility of Quantum Exponential to investors with
the promotion of the Company at ICFO institutional presentations
and events.
-- Attendance at ICFO's liaison day, an annual networking event
organised by the ICFO for all programme members, as well as support
to organise further events between Quantum Exponential and ICFO
members and vice versa.
Commenting on the membership, Steven Metcalfe, Chief Executive
Officer at Quantum Exponential, said: "The Institute of Photonic
Sciences is regarded globally as a European leader in developing
cutting edge quantum technologies relating to photonics. Joining as
a member of the programme offers up significant opportunity for
Quantum Exponential to increase its access to early-stage quantum
technology companies and industry spin-offs.
"We are confident that being part of its Corporate Liaison
Programme aligns with our existing investment strategy and will
allow us to create lucrative partnerships in order to access,
finance and help develop early-stage quantum companies emerging
from the ICFO."
Silvia Carrasco, Knowledge and Technology Transfer Director at
ICFO, commented: "We expect Quantum Exponential Group PLC to be a
key partner in developing and financing early-stage companies
emerging from ICFO - The Institute of Photonic Sciences in
Barcelona. ICFO is a leading European centre of excellence in
photonics and quantum technologies and through their Knowledge and
Technology Transfer team (KTT) have already produced several
spinouts with unique technology. The KTT team is responsible for
establishing strategic alliances and collaborations and ensure the
smooth transfer from the lab into society.
"The next few years will see an upsurge in commercialisation of
numerous and varied quantum enabled applications.
"We anticipate Quantum Exponential's experience in investing and
nurturing early-stage quantum technology companies combined with
their deep sector relationships will help such fledgling businesses
flourish and create a rich eco-system."
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.quantum-exponential.co.uk or contact:
Quantum Exponential quantum@stbridespartners.co.uk
Steven Metcalfe, Chief Executive
Officer
Novum Securities (AQSE Corporate Tel: +44 (0)20 7399 9400
Adviser)
David Coffman, Lucy Bowden
-------------------------------
Oberon Capital (Broker) Tel: +44 (0)20 3179 5344
Mike Seabrook, Chris Crawford
-------------------------------
St Brides Partners Limited quantum@stbridespartners.co.uk
(Financial PR)
Catherine Leftley, Ana Ribeiro,
Isabelle Morris
-------------------------------
Notes to Editors
About Quantum Exponential Group plc
Quantum Exponential is a first of its kind, AQSE Growth Market
SPAC, 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.
About the Centre of Excellence ICFO
ICFO is a Research Centre of Excellence based in Barcelona. It
is an international leading research centre, founded in 2002 by the
Government of Catalonia and Universitat Politècnica de Catalunya -
Barcelona Tech and is dedicated to advancing the very limits of
knowledge in several fields of science and technology where
photonic-tools and related concepts provide an edge. ICFO
proactively fosters entrepreneurial activities including spin-off
creations and participates in incubator activities. The centre has
won competitive funding from the European Research Council, and a
generous endowment from Fundació Cellex Barcelona, both of which
allow the centre to pursue truly remarkable scientific
discoveries.
The institutes research encompasses four broad thematic areas:
nonlinear photonics , quantum photonics , nanophotonics , and
biophotonics , and contributes towards basic and applied themes
relevant to medicine and biology, advanced imaging techniques,
information technologies and a range of environmental sensors,
tunable and ultra-fast lasers, quantum science, photovoltaics and
the properties and applications of nano-materials such as
graphene, among others. For more information, visit the ICFO's website: https://www.icfo.eu
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END
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August 22, 2022 02:00 ET (06:00 GMT)
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