FOCUS BUSINESS AND RESEARCH NEWS
Quantum Source raises $12M for photonic quantum computing development
Quantum Source has raised a $12m seed extension investment, bringing its seed round total to $27m. The additional capital will be used to expand the firm’s R&D team as it scales to reach significant performance milestones in its development of fault-tolerant quantum systems for large-scale photonic quantum computers.
Photonic quantum computing uses photons
as a representation of qubits. Established in 2021 in Israel, Quantum Source uses what it says is a “unique” approach for generating photons and quantum gates that is five orders of magnitude more efficient than current state- of-the-art implementations. It aims to build fault-tolerant quantum
systems that scale to millions of qubits and have the potential to unleash dramatic
Quantum Source’s leadership team, L-R: Oded Melamed, CEO; Shlomit Semel, VP of HR; Gil Semo, VP of R&D; and Professor Barak Dayan, Chief Scientist
acceleration in numerous cutting-edge fields including drug design, material development, cybersecurity, and the processing of large datasets for AI applications.
Zomp attracts £2M to ‘revolutionise’ cell sorting and analysis
Zomp has raised £2m to develop a 3D imaging flow cytometer that combines whole-cell 3D imaging with flow cytometry to ‘revolutionise’ the way cells are analysed and sorted. The instrument will be based on the University of Cambridge spinout firm’s LightGate technology. This incorporates a microlens array to collect fluorescence and instantly measure multiple 2D views of the same cell. These provide an instant 3D snapshot of the cell as it passes through a tunable light sheet, by deconvoluting the series of images into a 3D view of the cell. Zeiss Ventures co-led the seed funding
round with Foresight WAE Technology and BGF. Zomp will use the funds to develop a minimum viable product and identify optimal
SWIR imaging market to near $3bn by 2028
Driven by increasing demand in the industrial, defence and consumer sectors, the SWIR imaging market is expected to reach approximately $2.9bn in 2028, according to Yole Intelligence’s recent SWIR Imaging 2023 market report.
The industrial segment, powered by steady demand and price reductions, will grow at a CAGR of 28% over the next five years, reaching $395m in 2028. Meanwhile, the defence segment will experience higher growth than the firm previously anticipated, set to grow from $228m in 2022 to $405m in 2028, at a CAGR of 10%. This will be driven by geopolitical tensions such as the Ukraine war, tensions around Taiwan and an increasing number of countries becoming interested in SWIR technologies. The much more modest automotive segment, forecast to reach just $19m by 2028, at a CAGR of 41%, will be driven by ADAS, where SWIR provides vision capability in low light and harsh conditions and 3D-sensing capability. The consumer segment is by far the largest
overall, set to grow at a staggering CAGR of 86% to $2.07bn by 2028. Yole anticipates that SWIR could be integrated into lower-end smartphones and AR/VR headsets to increase performance of tracking cameras, 3D sensing, and even multispectral imaging. In terms of SWIR imaging suppliers,
customer applications. “Zomp’s innovative technology has the potential to disrupt the current flow cytometry market due to its ability to capture not only binary information about cells, but also morphological and spatial information at a single cell level,” said Gerrit Schulte, Head of Zeiss Ventures. “In the future, image-based cell sorting will
enable new experiments in life science and biotechnology applications.”
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the market intelligence firm has identified those serving the lucrative defence market as being leaders in the field. For example, SCD is currently top of the board, followed by Sensors Unlimited and Teledyne FLIR. Other players such as Sony, or companies making quantum-dot-based cameras (e.g. SWIR Vision Systems and Emberion), which have a price advantage on high-resolution and extended spectral range products, show significant growth potential.
ZOMP
Business Wire
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