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Meadowlark Optics - Wave Plates 6/24 LB 2024

Sparrow Quantum Nets $4M in Seed Round

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Danish quantum technology company Sparrow Quantum ApS has secured 31 million DKK ($4.5 million) in a seed funding round. The company, which was founded in Copenhagen in 2016 by Niels Bohr Institute professor Peter Lodahl, is focusing on light-matter interfaces for quantum technologies by bringing foundational quantum photonic components to market. Deterministic light-matter interfaces, according to the company, serve as foundational hardware, allowing fully secure quantum communication; a quantum internet; and a scalable, photon-based quantum computer. Sparrow Quantum will use the seed...Read full article

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    Published: May 2023
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    quantum key distribution
    Quantum key distribution (QKD) is a method of secure communication that utilizes principles from quantum mechanics to establish a shared secret key between two parties, typically referred to as Alice and Bob, while detecting any potential eavesdropping attempts by a third party, commonly known as Eve. The fundamental principle behind QKD is the use of quantum properties, such as the superposition principle and the no-cloning theorem, to enable the distribution of cryptographic keys in a...
    BusinessfundingquantumOpticsnanostructuresFiber Optics & Communicationssingle photon sourceSparrow Quantumfinancingsingle-photonquantum key distributionNiels Bohr InstitutePeter LodahlHybrid Quantum Networks Hy-Q Center of ExcellenceEuropeIndustry News

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