ColdQuanta Closes Year of Growth Achieving Over 140 Percent Bookings Increase – HPCwire

BOULDER, Colo., Jan. 31, 2022ColdQuanta, a global quantum ecosystem leader, today announced the completion of a milestone year in 2021, with significant momentum across all facets of the business including revenue, headcount, technical milestones, industry partnerships, leadership expansion and more.

2021 was a successful year for ColdQuanta with unprecedented growth across all aspects of our business, said Scott Faris, ColdQuanta CEO. Quantum technology has earned its moment in the spotlight and our ecosystem approach to the market is paying dividends. By doubling down on key business initiatives this coming year and significantly expanding the scope of our quantum solutions, we are bringing to market a differentiated position capable of rapidly delivering on the scalable quantum promise.

Noteworthy milestones over the last year include:

ColdQuanta is uniquely positioned to usher in the new era of quantum, said Dana Anderson, ColdQuantas founder and CTO. Unlike other modalities, our cold atom method does not rely on future scientific discoveries to predictably and cost-effectively scale. At the same time, our technology is highly adaptable to multiple applications that will be used to solve some of todays most pressing challenges across finance, healthcare, transportation and more.

About ColdQuanta

ColdQuanta is a quantum technology company with a diverse portfolio of more than 50 products and services. Its breakthrough technology enables the creation of a global ecosystem consisting of machines, devices and information platforms to help solve the worlds most challenging problems. Founded in 2007, ColdQuanta grew from decades of research in atomic physics and work at JILA with its IP exclusively licensed through the University of Colorado and University of Wisconsin. ColdQuantas scalable and versatile cold atom technology is leveraged by world-class organizations around the globe, and is currently deployed on the International Space Station in a joint effort with NASA. ColdQuanta is based in Boulder, CO with offices in Madison, WI and Oxford, UK. Find out how ColdQuanta is delivering on the scalable quantum promise atwww.coldquanta.com.

Source: ColdQuanta

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ColdQuanta Closes Year of Growth Achieving Over 140 Percent Bookings Increase - HPCwire

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