Lancaster University is officially launching the first phase of its £6m Quantum Technology Centre with a two-day event starting today.
The centre is a highly-significant development for Lancashire and the North West as the Government pushes regions to identify smart technologies that can give them a competitive advantage and drive economic growth.
The Government recognises the huge potential of quantum technology.
It is investing £270 million, through the Engineering and Physical Sciences Research Council (EPSRC) and Technology Strategy Board, to establish a network of quantum technology hubs across the UK.
Lancaster University will actively engage with the business community to exploit the market potential from the centre’s research.
It also aims to develop a new cluster of high-tech companies setting up in the region to take advantage of the centre’s research output. Investment in quantum technology forms part of the Lancashire Strategic Economic Plan, developed by the Lancashire Enterprise Partnership.
This would enable the centre to work with regional SMEs to develop and commercialise its innovative research.
Professor Yuri Pashkin, a director of the Quantum Technology Centre, said: “We believe the centre has the potential to be a very important strategic development for the region’s economic future through the commercial exploitation of our research.”
There will be a number of key note speakers at the launch, including Professor Mark E. Smith, Vice-Chancellor of Lancaster University and Professor David Delpy, Chair of UK NationalQuantum Technologies Programme Strategic Advisory Board.