Investment in UT spinoff QuiX

By NovelT

A processor that is using the special quantum properties of light for carrying out complex calculations: the new University of Twente spinoff company QuiX is currently developing a photonic chip for that. The new chip, of which a first version is already operational, calculates using light, photons, and will be an attractive platform for discovering the potential of quantum computing and for experimenting with new ways of calculating. Further development of the photonics processor will be made possible through an investment by Oost NL, from the innovation fund Technopolis Twente (a holding company for valorization tasks of the UT, executed by Novel-T) and some informal investors like RAPH2INVEST.

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