Brainy Quote of the Day

Monday, February 3, 2014

Investing Wisely...

Meanwhile, the US has yet to get a clue...
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Further details have emerged of a new £270m initiative being funded by the UK government to convert quantum-physics research into commercial products. The five-year initiative, which will include the creation of a network of quantum-technology centres, was one of a number of measures revealed by the government in its Autumn Statement in early December 2013 to boost the UK's science base. The Chancellor of the Exchequer George Osborne says that the money was "additional investment" in research and that science was a "personal priority" of his.

The initiative, which will begin in 2015, will focus on areas such as chip-scale atomic clocks for improved GPS communication, quantum-enabled sensors, quantum communication and quantum computing. Some cash will go to existing university research groups, while about £30m per year will go to the Technology Strategy Board – the UK's national innovation agency – to support immediate commercialization of technology. There will also be money for PhD students and postdocs, while some £4m will go on equipment for the new Advanced Metrology Laboratory being built at the National Physical Laboratory.

Physics World: UK splashes out £270m on quantum technology

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