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DateInvestorsAmountRound

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£410k

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€5.0m

Seed
Total FundingAUD9.3m

Recent News about Aquark Technologies

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Aquark Technologies is a UK-based startup that specializes in the development and commercialization of miniaturized quantum technology applications. Originating from the University of Southampton, the company leverages over a decade of research in creating the world's smallest cold atom system. The company's primary offering is a compact cold atom core, which is expected to drive the next generation of quantum sensing and computing.

Aquark's clients are likely to be in the technology and scientific research sectors, particularly those interested in quantum technology applications. The company operates in the quantum technology market, which is still in its nascent stages but holds significant potential for growth.

The company's business model revolves around the development and sale of its unique cold atom system. This system, referred to as "Supermolasses," uses a unique laser cooling method that does not require an applied magnetic field, making it more portable and commercially viable. The company generates revenue through the sale of these systems and through collaborative projects, such as the Gravity Array project funded by Innovate UK.

In summary, Aquark Technologies is a promising startup that is pushing the boundaries of quantum technology. Its unique cold atom system could revolutionize quantum sensing and computing, opening up new opportunities in the technology sector.

Keywords: Quantum Technology, Miniaturization, Cold Atom System, Supermolasses, Quantum Sensing, Quantum Computing, Technology Sector, Innovate UK, Gravity Array Project, University of Southampton.

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