The start-up that unveiled the UK’s most advanced superconducting quantum computer in 2018 has launched the nation’s first commercially available QCaaS built using its proprietary technology.
Saietta’s admission to AIM on 07 July is expected to raise gross proceeds of £37.5m with an approximate market capitalisation of £102.1m at the issue price.
Based at Osney Mead in Oxford and funded by the government’s Getting Building Fund, the pilot will be a world-leading multi-disciplinary hub championing green innovation.
The acquisition continues plans at this Independent Power Producer (IPP) to place supporting the transition to a low carbon economy at the heart of their strategic plans.
STMicroelectronics will provide Arrival with leading-edge semiconductor technologies, including automotive microcontrollers and power and battery-management devices.
The project aims to improve the energy density, power density and low-temperature performance of battery technologies through the application of innovative carbons.
Scientists at the Science and Technology Facilities Council (STFC) are set to benefit from the funding aimed at offering the next generation of neutron and X-ray science.
Japan Airlines flight (JAL #515) from Tokyo to Sapporo completed the flight on 17 June using sustainable aviation fuel (SAF) from woody biomass residue feedstock produced by the company’s proprietary technology.
The lab, which is housed at the company’s headquarters at Milton Park, is a key development as the company continues to pioneer commercial fusion energy.
At 22 metres long and weighing 25,000 kg, the Big Gun is the UK’s largest 2-stage hypervelocity gas gun able to launch projectiles at 6.5km per second, 20x the speed of sound.
General Fusion will enter into a long-term lease with UKAEA, following the construction of the new facility that will be used to demonstrate it’s proprietary Magnetized Target Fusion (MTF) technology.
The autonomous shuttle controlled by 5G and satellite connectivity will transport members of the public around the campus, with a second shuttle to be introduced later.