Aquark Technologies
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- $6.7M
Investors
- 4
About Aquark Technologies
Aquark Technologies is engaged in the development of quantum technologies, headquartered in Romsey, UK.Aquark Technologies specializes in the development and commercialization of advanced quantum devices, primarily focusing on quantum sensing, quantum computing, and quantum communications. The company's flagship product, AQlock, represents the UK's first commercially available cold atom clock, designed to provide high precision in timekeeping essential for various applications, including navigation and telecommunications. Aquark's solutions incorporate their innovative Supermolasses cooling platform, which allows for the miniaturization of quantum hardware, making it more portable and robust for use in diverse environments. Their technology is tailored for a wide range of end-users, including researchers and institutions in both military and civilian sectors, with applications extending to critical infrastructure supported by NATO.Aquark Technologies generates revenue through a combination of direct sales and partnerships with research institutions and military organizations. The transactions typically involve the sale of their cold atom clock and portable cold matter platforms, which are tailored to meet specific client needs. Aquark engages in B2B transactions, providing their products directly to universities, research labs, and governmental agencies that require advanced quantum sensing capabilities. Pricing structures for their offerings reflect the specialized nature of the technology, aligned with the significant R&D investment and operational requirements, ensuring clients gain access to their advanced solutions. Upcoming new products include additional quantum devices designed for various applications, with specific release dates to be announced as development progresses. The company aims to expand its market reach into more regions, specifically targeting growth in North America and Asia by 2025, thereby addressing an increasing global demand for quantum technology.
Who invested in Aquark Technologies
4 investors across 1 round
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Funding rounds
Seed
Oct 3, 2024
Amount
$6.7M
Investors
Questions about Aquark Technologies
Who invested in Aquark Technologies?
Aquark Technologies has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Aquark Technologies raised?
Aquark Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Aquark Technologies last raise money?
Aquark Technologies's most recent round on record is a Seed, in Oct 2024.
What does Aquark Technologies do?
Aquark Technologies is engaged in the development of quantum technologies, headquartered in Romsey, UK.
Where is Aquark Technologies headquartered?
Aquark Technologies is headquartered in Romsey, UK.
Which VCs invest in companies like Aquark Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back aerospace companies at Aquark Technologies's stage. Their profiles are linked below.
VCs backing aerospace startups at Seed
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