M Squared Awarded £2.9 Million to Help Develop Photonics & Quantum Sectors in Scotland
(Optics.org) Scottish Enterprise, Scotland’s national economic development agency, has awarded a £2.9 million ($3.5M / €3.2M) Research and Development grant to M Squared, a photonics and quantum technology company based in Glasgow.
The grant will support M Squared’s £7 million project to accelerate its cutting-edge research program, creating 24 new jobs – including 18 highly-skilled scientific roles – to help fulfil the potential of Scotland’s quantum industry. Scottish Enterprise’s announcement said it will “work closely with M Squared to help develop the wider photonics and quantum sectors in Scotland.”
M Squared said its lasers enable scientific progress and power industry: “Our laser systems are working to realise the potential of the coming quantum age, improve healthcare and provide the scientific understanding to help halt climate change.”
Its award-winning products have led to breakthroughs in many areas of science, including the UK’s first commercially viable Quantum Accelerometer. Its customers include Nobel Prize-winning scientists, leading universities and innovative manufacturers.