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Date Announced: 02 Dec 2024
BOULDER, CO., USA – Mesa Quantum has been awarded a $500,000 Advanced Industries Early-Stage Capital and Retention Grant from the Colorado Office of Economic Development and International Trade (OEDIT). The company specializes in developing chip-scale quantum sensors for applications ranging from autonomous systems to resilient navigation alternatives to GPS.
“This grant represents Colorado’s commitment to advancing quantum technologies and recognition of Mesa Quantum’s potential to transform multiple industries,” said Wale Lawal, CTO of Mesa Quantum. “We’re translating physics into revenue by taking quantum sensors out of the lab and putting them into the commercial market.”
The award is part of OEDIT’s latest round of funding to 19 Colorado companies, demonstrating the state’s commitment to diverse technologies including quantum, renewable energy, biomedical, and aerospace innovations. Mesa Quantum and Octave Photonics were selected specifically for their work in next-generation quantum technology manufacturing.
This grant follows Mesa Quantum’s recent achievements, including securing $3.7M in seed funding and a $1.9M Direct-to-Phase II SBIR contract from SpaceWERX for developing Alt-PNT quantum technologies. The company’s selection underscores its potential to contribute to Colorado’s growing quantum technology ecosystem while creating high-value jobs in the state.
About Mesa Quantum
Mesa Quantum is engineering the next generation of quantum sensors for practical applications. By developing chip-scale quantum technology that is reproducible, reliable, and manufacturable at scale, Mesa Quantum will bringing high-precision quantum sensing into the market. The company’s disciplined engineering approach focuses on creating quantum sensing solutions that are small, lightweight, and power-efficient while meeting the demanding requirements of industry.
Mesa Quantum is bridging the gap between laboratory quantum physics and commercial applications. Stay updated on their progress by following Mesa Quantum on LinkedIn.
About the Advanced Industries Accelerator Program
The Advanced Industries Accelerator Program was created by the Colorado Office of Economic Development and International Trade (OEDIT) in 2013 to promote growth and sustainability in Colorado’s advanced industries by driving innovation, accelerating commercialization, encouraging public-private partnerships, increasing access to early stage capital and creating a strong infrastructure that increases the state’s capacity to be globally competitive. AIA encompasses five distinct grant programs: Proof of Concept, Early-Stage Capital and Retention, Collaborative Infrastructure, Export Accelerator, and Global Consultant Network. For more information about OEDIT and their programs, visit: oedit.colorado.gov/
E-mail: contact@mesaquantum.com
Web Site: mesaquantum.com
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