Company History

About ColdQuanta
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ColdQuanta leads the market in commercializing quantum technology. The company grew out of decades of research in atomic physics by Professor Dana Anderson and his work at JILA.

Based on the company’s expertise in the Cold Atom Method, ColdQuanta develops technology that is used in a broad broad spectrum of quantum applications.

ColdQuanta is scheduled to introduce one of the world’s most powerful Quantum Computers in 2021. ColdQuanta’s other applications include a full range of capabilities in Quantum Networks and Sensing, including timekeeping, quantum positioning systems, radiofrequency (RF) receivers, and a quantum matter cloud system.

About ColdQuanta

ColdQuanta has a 14-year R&D History

2007
Internal Event

Company Founded by Dana Anderson and Rainer Kunz

2010
Product Milestone

Dana’s group demonstrates first transportable BEC machine in Portland, Oregon at the American Physical Society

2013
Product Milestone

Develops and sells first commercial BEC machine

2015
Internal Event

Company opens office in Oxford, U.K.

2017
Funding Event

Belgian Government orders $1M of CQ QuantumCore products

Product Milestone

BEC achieved in ColdQuanta’s system at the heart of NASA’s Cold Atom Laboratory on the ISS; first time BECs produced in orbit

Funding Event

Seed Round

2018
Internal Event

Mark Saffman joins team as Chief Scientist for Quantum Information

Product Milestone

QuantumCore deployed aboard the ISS

2019
Internal Event

Appointment of Bo Ewald as CEO

Funding Event

NASA Award of $1M to Accelerate Commercial Deployment of Quantum Atomic Systems

Funding Event

Awarded $2.8M from the U.S. Government to Advance Quantum Core Technology

Funding Event

Series A

2020
Funding Event

Awarded $3.5M from UK Gov. to Commercialize New Quantum Technologies

Product Milestone

Albert, Quantum matter on the cloud, launched