Wave Photonics eyes quantum growth opportunities in Asia Pacific
Several of the companies, including Wave, expect to progress commercial discussions as a result of the meetings which were held in Oxford and Cambridge.
The initiative brings together academia, industry and government to highlight advances in quantum. The latest event included two days of matchmaking at the quantum hub on the Harwell Science & Innovation Campus in Oxford and at Clare College, Cambridge.
The meetings were organised for UK companies participating in the UK-APAC Tech Growth Programme, a government-funded initiative that helps British scale-ups unlock commercial opportunities in 11 markets across the Asia Pacific region.
The corporations from APAC which attended included Fujitsu and Qunasys from Japan, Qunova Computing and Quantum Intelligence from South Korea, and Taiwania Capital and Mediatek from Taiwan.
Wave Photonics showcased its design of integrated photonics which deploys scalable, high-volume semiconductor fabrication processes to make chips that use light.
CEO James Lee said: “The business matching meetings organised by the UK-APAC Tech Growth Programme gave us an insight into the exciting technologies under development in the quantum space in Japan, Korea and Taiwan. This has enabled us to identify opportunities for us to accelerate the deployment and commercialisation of these technologies via photonic integration.”
Nan Chiu, Investment Principal at Taiwania Capital, said: “We’re always looking for cutting-edge technology in the high-performance computing sector. The business matchmaking sessions enabled us to engage with UK companies that have strong scientific foundations, as well as significant market potential.
“The UK has a robust ecosystem in quantum computing and the sessions completely changed my perceptions of the commercialisation opportunities for this technology.”
Companies in the programme benefit from market entry guidance, business development support and introduction to potential partners and customers. The programme is delivered on behalf of the Government by international business development consultancy Intralink.