February 27, 2024

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SGInnovate and the Centre for Quantum Technologies sign Memorandum of Intent to promote quantum technologies

SGInnovate and the Centre for Quantum Technologies (CQT)  a Memorandum of Intent (MOI) signed on 7 June to promote quantum technologies and facilitate the commercialisation of quantum innovations in Singapore.
Through this two-year collaboration, the two organisations will encourage and help local researchers working on quantum technologies and innovations to commercialise their research in the field, translating quantum science into scalable industry solutions.

SGInnovate is a private-limited company wholly owned by the Singapore Government. It is focused on adding value to Singapore’s deep-tech startup ecosystem by development of talent and through investment.
The collaboration builds upon the momentum of SGInnovate’s recent investment into three quantum spinoffs from CQT.

Atomionics: The latest quantum startup investment by SGInnovate, Atomionics builds atom-interferometry based sensing systems for navigation and exploration that will work reliably and accurately everywhere – including underwater, underground and other GPS-denied areas.
Horizon Quantum Computing: Singapore’s first quantum computing startup, the company is developing a new generation of software development tools to simplify and expedite the process of developing quantum-enhanced applications, without the need for prior experience in the area.
SpeQtral: Building space-based, quantum communication systems rooted in advanced technologies developed at CQT, which offers unprecedented security from eavesdropping and will enable the next generation of secure communication networks.

“The mission of the SGInnovate team is to work with entrepreneurial scientists to build deep tech startups. One of the most complex and exciting areas for our work is the field of quantum technologies. Through our partnership with the Centre for Quantum Technologies, we are going straight to the source of remarkable quantum research conducted in Singapore. We want to help entrepreneurial scientists working with quantum technologies to build commercially successful startups,” said Steve Leonard, Founding CEO, SGInnovate.

“The best partnerships bring together teams with complementary expertise. At the Centre for Quantum Technologies, we push the frontiers of human knowledge and build cutting-edge technologies. SGInnovate, meanwhile, has established itself as a driver of deep tech business and know-how in Singapore. Together, we aim to catalyse the translation of our scientific advances into technologies that will benefit the economy and society,” said Professor Artur Ekert, Founding Director, CQT at NUS.

SGInnovate will serve as a commercial advisor to these aspiring entrepreneurial scientists, providing coaching and active support to these CQT teams to help them at all stages of forming, launching and scaling their startups. The support from SGInnovate also includes the raising of investment funds from the VC community. To drive further interest and knowledge-exchange in quantum technologies, CQT will provide expertise and technical advice to SGInnovate and its industry or government partners.

In addition, to promote quantum technologies and increase readiness in the field, SGInnovate and CQT will also host joint events, workshops and drive outreach activities, especially among potential industry partners and investors. The two parties target to reach over 2,000 individuals from the deep tech ecosystem in Singapore to raise awareness of quantum technologies.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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