Aquark Technologies (Seed)
Funding Details
Awarder
SemiNews
Date Award
October 17, 2024
Vertical
Quantum Sensing
Funding Amount
$5,000,000
Company Info
Organizations Involved
NATO Innovation Fund, EIFO, UKI2S, MBDA
Market
Defense, Telecommunications, Finance
Location
UK
Coinvestors
EIFO, UKI2S (managed by Future Planet Capital), MBDA
Company Description

Aquark Technologies has developed a high-performing, magnetic field-free cold atom trap, enabling the construction of cold atom quantum sensors without magnetic fields. This innovation reduces the size, weight, power consumption, and cost of their sensors, making them mobile and robust for use in remote and difficult terrains such as underwater and in the air.

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