Chancellor announces quantum and 5G investments on Strathclyde University visit
Glasgow is set to receive a share of an £80m investment in quantum technology research that could save lives, the Chancellor of the Exchequer announced today on a visit to Strathclyde University.
The funding over five years to four UK development centres, including Glasgow, will support the creation of technology that could help save more lives in search-and-rescue missions, hostage situations and help firefighters tackling a blaze.
Quantum imaging technology could be used to help emergency services get a more accurate, live, and high-quality image before embarking on rescue attempts. The technology could also be used to see through snow storms, around corners and to map hidden underground hazards.
The Chancellor, Philip Hammond, met Strathclyde researchers in the university’s Technology and Innovation Centre, the cornerstone of the growing Glasgow City Innovation District. “The UK is a world leader in quantum technologies, but others are investing hard to catch up with us,” said Hammond.
“The £80 million in new funding, that I have announced today will ensure that we remain at the forefront of this exciting technological revolution. Technological leadership boosts our economy and our productivity, meaning higher growth and higher wages.”
Professor Sir Jim McDonald, the university’s principal, added: “Quantum technology opens the door to many new possibilities, from more efficient drug discovery and space applications, to vastly improving communication and safety.”
While on campus, the Chancellor also announced at least £25m be made available to UK industry to develop next generation (5G) mobile technology in specific sectors of the economy. The Technology and Innovation Centre and wider Glasgow City Innovation District are home to growing clusters of collaborative research in areas including 5G and quantum technology.
Chief Executive of UK Research and Innovation, Sir Mark Walport, commented: “This new funding for the UK National Quantum Technologies Programme will provide reassurance to the research base and the industries in the field that the UK is serious about being a world leader in the field and is investing long term.”
Why innovation and marketing are the perfect partners to make changes that matter￼
With the rapid evolution of traditional marketing and the appearance of digital marketing, technology and innovation has become part of any marketer’s life without the need of working for a…
Transitioning to a four-day week – CEO’s vow to strike a healthier balance in the workplace
I came to Scotland nearly 20 years ago from Ireland, with no contacts but a lot of determination. While Ireland will always be my home, Scotland has given me amazing…
Women Lead: The female-led company championing intuitive working
Over the last two years, the pandemic forced a shift to more remote and flexible working practices. Whilst we might be seeing a “return to normal”, some companies are choosing…
Women Lead: My passion for young people to consider a career in digital
Twenty years ago, I stumbled across my career in digital marketing almost by accident. It was during my honours degree in marketing at Glasgow Caledonian University. I was on work…
Women Lead: Inclusive Silicon Valley cohort gives hope to entrepreneurs from diverse backgrounds
Things are happening on the Scottish tech scene. Big and small initiatives are creating a fantastic ripple effect on the sector, bottom up and top down, thanks to the recommendations…
Women Lead: The story of an entrepreneurial scientist
I first arrived in Scotland over 20 years ago. I had £75 in my wallet and a scholarship offer to do a PhD at the University of Edinburgh. Sometimes I…
Please mind the gap… or healthcare may fall
Imagine sharing a lengthy train journey with others. From beginning to end, imagine how often you might hear ‘mind the gap’ messages about embarking and disembarking safely. Picture how navigating…
Women Lead: My journey from Dragons’ Den to Silicon Valley
Following her appearance on Dragons’ Den, Sheila Hogan, serial entrepreneur, founder and chief executive of digital legacy vault, Biscuit Tin, shares her experience of her time in the Den and…