{"id":400129,"date":"2020-12-15T10:10:37","date_gmt":"2020-12-15T15:10:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400129"},"modified":"2020-12-15T10:10:37","modified_gmt":"2020-12-15T15:10:37","slug":"coldquanta-wins-nasa-entrepreneurs-challenge","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/coldquanta-wins-nasa-entrepreneurs-challenge\/","title":{"rendered":"ColdQuanta Wins NASA Entrepreneur\u2019s Challenge"},"content":{"rendered":"<h2>\nCompany is one of six prize winners named by NASA\u2019s Science Mission Directorate<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>Boulder, Colorado, Dec.  15, 2020  (GLOBE NEWSWIRE) &#8212; ColdQuanta, the quantum atomics company, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=neqk8p3jDyH9jSFgmGNiOvxS37wl1YgsLML8ZxfqMhTJH7-kfzhjJnaungoL3O2w8uL18ZgF_GZBGaICFvhloiHdXehcmAu5KiHqxPz5aBtMqEEwy9xEk8pG4G4Fq3vONs2XuWu_6HccbouOizfikRNupMOWdt42YlI7lI3sTZTGQWBP1mA_yThRTEF0bnLb\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">was awarded<\/a> a $100K prize as one of six winners of NASA\u2019s Entrepreneur\u2019s Challenge. According to NASA, \u201cThe challenge\u2019s purpose is to invite fresh ideas for development of new instruments and technologies to advance the agency\u2019s science exploration goals and increase participation by entrepreneurial companies in the agency\u2019s technology portfolio.\u201d Over 80 companies submitted proposals under this program.<\/p>\n<p>ColdQuanta\u2019s proposal is to use its cold atom technology to develop a compact, low-power quantum gravity sensing device that can be deployed in space on board a small satellite. Such a device will extend NASA\u2019s ability to:<\/p>\n<ul>\n<li>Support earth monitoring by accurately mapping resources (e.g., water) related to climate change<\/li>\n<li>Aid in assessing the impact of natural disasters, such as earthquakes, tsunamis, and floods, \u00a0through the detection of mass change events that can remain hidden to other techniques (e.g. synthetic aperture radar or laser altimetry)<\/li>\n<\/ul>\n<p>Bo Ewald, CEO of ColdQuanta, said, \u201cColdQuanta continues to win highly competitive programs thanks to our team\u2019s world-class expertise and our unique ability to apply one common platform\u2014the Quantum Core\u2014to a wide range of quantum applications. We have also proven our ability to create systems that can operate in space, such as the technology that is a key part of NASA\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=31_nJ73H5ycj00QMnjRbgpG-HuvPy4cQpNjNQQ_f2YoH1uIE_niziZtTJrrHV1JXj8pgK9b0XdOm21Wpnam20mNqecQWIZ0F8cZ-xhXTJD0hHGDxq-ELgN3L2cuRU9w5\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Cold Atom Laboratory<\/a> on the International Space Station.\u201d<\/p>\n<p>ColdQuanta\u2019s approach in this proposal uses a technique called shaken lattice interferometry (SLI). SLI allows multiple, directional measurements of the earth\u2019s gravitational field, not possible with other conventional or quantum approaches. Deploying these devices on a cluster of small satellites in low earth orbit will enable more rapid and accurate data to support near real-time natural disaster assessment or resource discovery.<\/p>\n<p>The new device will be based on ColdQuanta\u2019s Quantum Core\u2122 technology that cools atoms to a temperature of nearly absolute zero and uses lasers to manipulate and control the atoms with extreme precision. The Quantum Core is used as the basis of a broad spectrum of applications including quantum computing, timekeeping, navigation, radiofrequency sensors, and quantum communications.<\/p>\n<p>\u00a0<\/p>\n<p>\n        <strong>About ColdQuanta<\/strong>\n      <\/p>\n<p>ColdQuanta leads the market in commercializing quantum atomics, the next wave of the information age. The company\u2019s Quantum Core\u2122 technology is based on ultra-cold atoms cooled to a temperature of nearly absolute zero; lasers manipulate and control the atoms with extreme precision. ColdQuanta manufactures components, instruments, and turnkey systems that address a broad spectrum of applications: quantum computing, timekeeping, navigation, radiofrequency sensors, and quantum communications. ColdQuanta\u2019s global customers include major commercial and defense companies; all branches of the U.S. Department of Defense; national labs operated by the Department of Energy, NASA, and NIST; and major universities. ColdQuanta is based in Boulder, CO, with offices in Madison, Wisconsin, and Oxford, UK.<\/p>\n<p>\u00a0<\/p>\n<p>Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=85FqDbaczoGsG-ZSkjR_Ts24jPQ0GESixvP8R7NdVOe6g8jK8drHyohABFEt33fZeCS1Gn6rHBGH2gsRNlzDLAeI03oQ9mYqj9-RgGP3GtQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.coldquanta.com<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>\n        <i>The name ColdQuanta and the ColdQuanta logo are both registered trademarks of ColdQuanta, Inc. <\/i>\n      <\/p>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/0fc42935-42cc-4812-bbae-abc589e43ea4\" rel=\"noopener noreferrer\">NASAentimage<\/a>\n        <\/li>\n<\/ul>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjYyMSMzODgyNTg5IzIyMDU5MzA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/64b3ea00-64cb-4532-8a04-b326be4ec666\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Diane Carr\r\nColdQuanta\r\n6502076277\r\nmarketing@coldquanta.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company is one of six prize winners named by NASA\u2019s Science Mission Directorate Boulder, Colorado, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; ColdQuanta, the quantum atomics company, was awarded a $100K prize as one of six winners of NASA\u2019s Entrepreneur\u2019s Challenge. According to NASA, \u201cThe challenge\u2019s purpose is to invite fresh ideas for development of new instruments and technologies to advance the agency\u2019s science exploration goals and increase participation by entrepreneurial companies in the agency\u2019s technology portfolio.\u201d Over 80 companies submitted proposals under this program. ColdQuanta\u2019s proposal is to use its cold atom technology to develop a compact, low-power quantum gravity sensing device that can be deployed in space on board a small satellite. Such a device will extend NASA\u2019s ability &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/coldquanta-wins-nasa-entrepreneurs-challenge\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ColdQuanta Wins NASA Entrepreneur\u2019s Challenge&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400129","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ColdQuanta Wins NASA Entrepreneur\u2019s Challenge - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/coldquanta-wins-nasa-entrepreneurs-challenge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ColdQuanta Wins NASA Entrepreneur\u2019s Challenge - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company is one of six prize winners named by NASA\u2019s Science Mission Directorate Boulder, Colorado, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; ColdQuanta, the quantum atomics company, was awarded a $100K prize as one of six winners of NASA\u2019s Entrepreneur\u2019s Challenge. According to NASA, \u201cThe challenge\u2019s purpose is to invite fresh ideas for development of new instruments and technologies to advance the agency\u2019s science exploration goals and increase participation by entrepreneurial companies in the agency\u2019s technology portfolio.\u201d Over 80 companies submitted proposals under this program. ColdQuanta\u2019s proposal is to use its cold atom technology to develop a compact, low-power quantum gravity sensing device that can be deployed in space on board a small satellite. 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