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Infleqtion Wins Funding to Develop and Manufacture the UK’s First Optical Atomic Clock

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OXFORD, England, June 26, 2023 /PRNewswire/ — Infleqtion, the world’s quantum information company, today announced that it has been awarded funding from Innovate UK to expand its manufacturing capabilities for quantum-enabled systems. The funding will support the development of a new type of optical atomic clock that far exceeds the accuracy and reliability of current Global Navigation Satellite Systems (GNSS)-based systems.

The new clock will achieve a frequency stability that is more than fifty times better than the best commercially available atomic clocks of comparable size. This level of accuracy will be essential for applications such as autonomous navigation, resilient power distribution, and national security.

“Infleqtion offers unrivaled expertise, with products and R&D efforts spanning the whole quantum ecosystem, including quantum computing, quantum sensing, and positioning, navigation, and timing (PNT),” said Scott Faris, CEO of Infleqtion. “With a strong foundation, a highly skilled team, and the support of Innovate UK, Infleqtion UK is well-positioned to drive innovation and deliver groundbreaking solutions that will transform the field of PNT and quantum-enabled systems.”

The quantum-enabled PNT systems market is poised for significant growth, fueled by the increasing need for highly accurate, reliable, and resilient PNT systems across various applications, including the deployment of 5G networks. Quantum-enabled PNT systems offer significant advantages over traditional GNSS-based systems, including improved accuracy, enhanced resilience, and reduced size and weight. They are also not reliant on external signals, making them less vulnerable to weather conditions, interference, and jamming. This makes them suitable for deployed applications.

The funding from Innovate UK will enable Infleqtion to bring its new optical atomic clock to market and make the UK a global leader in the development and manufacture of quantum-enabled PNT systems. The company has a team of world-leading experts in quantum physics and optical engineering, and has a proven track record of developing innovative quantum technologies. The winning Infleqtion project will also establish a sovereign UK capability to manufacture critical subsystems, such as microfabricated atomic vapor cells and photonic frequency combs.

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“This project will deliver the UK’s first commercially available optical atomic clock which will provide a crucial layer of resilience across many national security applications,” said Dr. Timothy Ballance, General Manager of Infleqtion UK. “The funding will allow Infleqtion to advance its manufacturing capability in the UK for systems required to build a wide range of quantum-enabled products. Coupled with our engineering expertise, we are in an excellent position to lead the market in delivering next generation commercial atomic clocks at scale.”

Minister of State at the new Department for Science, Innovation and Technology George Freeman MP said, “We are on the cusp of a quantum technology revolution, set to deliver transformational increases in computer processing speed and power in a whole new field of capabilities in sensing, communications, encryption, cyber security and navigation. We are making sure the UK is ready to harness it for the benefit of all.”

Will Drury, Executive Director, Digital and Technologies at Innovate UK said, “Our exceptional researchers, businesses and innovators are continuously pushing the boundaries of Quantum Technology development, placing the UK at the leading edge of this field. Together, through this support and investment, we will work in partnership to realise the potential of this technology for our UK economy and society.”

About Infleqtion

Infleqtion delivers high-value quantum information precisely where it is needed. By operating at the Edge, our software-configured, quantum-enabled products deliver unmatched levels of precision and power, generating streams of high-value information for commercial organizations, the United States, and allied governments. With 16 years of ColdQuanta’s pioneering quantum research as our foundation, our hardware products and AI-powered solutions address critical market needs in PNT, global communication security and efficiency, resilient energy distribution, and accelerated quantum computing. Headquartered in Austin, TX, with offices in Boulder, CO; Chicago, IL; Madison, WI; Melbourne, AU; and Oxford, UK. Learn how Infleqtion is revolutionizing how we communicate, navigate, and discover at www.Infleqtion.com.

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Infleqtion UK is a wholly-owned subsidiary of the flagship commercial brand Infleqtion. Infleqtion UK has a fully equipped quantum research laboratory and established production facilities in Oxford for its UK-developed Photonically Integrated Cold Atom Source (PICAS) product. The company conducts advanced research and development in inertial sensing and advanced timing for navigation within GNSS-denied environments, radiofrequency sensors for communications and defense applications, memory modules for secure quantum networks, and quantum information platforms for computation and simulation.

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View original content:https://www.prnewswire.co.uk/news-releases/infleqtion-wins-funding-to-develop-and-manufacture-the-uks-first-optical-atomic-clock-301862794.html

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Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US

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Avalanche, a leading blockchain platform, has partnered with Stripe to enhance the accessibility of its ecosystem. This strategic collaboration integrates Stripe’s fiat-to-crypto onramping capabilities directly into Avalanche’s C-Chain, enabling retail users to purchase the native cryptocurrency, AVAX, without the complexities of traditional crypto exchanges.

Integration and User Experience Enhancement

The integration aims to simplify the process of acquiring AVAX by embedding Stripe’s onramp as a customizable widget within various Avalanche decentralized applications (dApps). These dApps include decentralized exchanges (DEXes), NFT platforms, and digital wallets, facilitating a seamless and streamlined user experience. By leveraging Stripe’s infrastructure, users can easily fund their accounts using various payment methods, including ACH transfers and credit/debit cards.

Core Wallet Integration

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A key component of this collaboration is the integration into Core, Avalanche’s native ecosystem wallet developed by Ava Labs. Core wallet users can now directly fund their wallets via the Stripe widget, making it easier to engage with the Avalanche network. The wallet setup process is straightforward, allowing new users to create accounts using Gmail or Apple ID, thereby reducing the barriers to entry into the crypto space.

Addressing Web3 Challenges

This integration addresses several challenges commonly faced in the Web3 ecosystem, such as the “cold start problem,” where users lack initial funds to participate in transactions. Stripe’s onramp handles essential elements like KYC, payments, fraud prevention, and compliance, allowing dApps to focus on enhancing user experience rather than dealing with regulatory complexities.

The initiative is supported by key players in the Avalanche ecosystem, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms. These partners, offering services from decentralized naming and gaming to financial and social interaction platforms, stand to benefit from the increased ease of access to digital asset transactions.

Promoting Web3 Adoption

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The collaboration between Avalanche and Stripe goes beyond simplifying transactions; it also aims to bridge the gap between traditional finance and the emerging Web3 landscape. By integrating a familiar and secure payment system, the partnership ensures that users, both new and existing, can navigate the cryptocurrency ecosystem with greater ease and confidence.

The leadership from both Ava Labs and Stripe has expressed enthusiasm about the partnership. Akash Gupta, Head of Consumer Products at Ava Labs, highlighted the commitment to user-centric solutions and broader adoption of digital currencies. John Egan, Head of Crypto at Stripe, noted that the initiative aligns with Stripe’s mission to democratize access to Web3 technologies, making them safer and more accessible to a global audience.

This strategic partnership is expected to accelerate consumer adoption, deepen user engagement, and reinforce Avalanche’s position as a leader in the blockchain industry.

Source: blockchainreporter.net

The post Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US appeared first on HIPTHER Alerts.

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BIGG Digital Assets Enhances Crypto Investigator Training with New Modules

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BIGG Digital Assets Inc. (CSE: BIGG, OTCQX: BBKCF), a prominent player in the Digital Asset, Blockchain, and Metaverse industries, has expanded its educational offerings through its subsidiary, Blockchain Intelligence Group (BIG). This expansion includes two new advanced training modules within the Certified Cryptocurrency Investigator (CCI) program, aiming to meet the increasing demand for specialized expertise in cryptocurrency investigations and compliance.

Overview of the New Advanced Training Modules

  1. Module 9: Hacks and Exploits in the Cryptocurrency Space
    • This module focuses on the various techniques employed by cybercriminals to exploit blockchain networks and digital assets. It includes comprehensive case studies of significant cryptocurrency hacks and exit scams, providing participants with a deep understanding of these threats. The training covers how to detect early warning signs and implement best practices to mitigate risks. Additionally, it addresses the role of the dark web in these activities, giving insights into how these criminal networks operate.
  2. Module 10: Cryptocurrency Compliance and Risk Management for Financial Institutions
    • Targeted at compliance officers, risk managers, and executives, this module provides in-depth training on establishing robust risk management frameworks and controls within financial institutions. It covers essential regulatory requirements, risk assessment methodologies, and due diligence processes necessary for safeguarding against cryptocurrency-related risks. This module also offers a standalone certification, Certified Cryptocurrency Investigator – Compliance (CCI-C), emphasizing its critical relevance in today’s regulatory landscape.

Significance and Industry Impact

Lance Morginn, President of BIG, highlighted the growing sophistication of cyber threats in the digital asset space, driven by increasing global adoption of cryptocurrencies. The new modules are designed to equip professionals with the necessary skills and intelligence to identify and counter these emerging threats. This initiative reflects BIG’s commitment to providing up-to-date and practical training that addresses the current and future challenges faced by the industry.

Robert Whitaker, overseeing Law Enforcement Affairs at BIG, emphasized the continuous evolution of BIG’s curriculum to keep pace with the rapidly changing digital asset landscape. This approach ensures that professionals are well-prepared to deal with both technical and regulatory aspects of cryptocurrency investigations and compliance.

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Certification and Professional Development

The new modules complete the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification course, covering modules 6 to 10. This advanced certification is valid for one year, requiring a top-up course for renewal, which ensures that professionals remain current with the latest industry developments and best practices.

The foundational CCI certification has already been completed by over 2,500 professionals globally, including those from law enforcement, regulatory bodies, financial institutions, and the cryptocurrency sector. The courses are led by seasoned experts, including former federal agents and compliance officers, providing participants with invaluable practical knowledge and real-world insights.

Future Prospects

As the cryptocurrency industry continues to expand, the demand for specialized training and certifications like those offered by BIG will likely grow. These programs not only help professionals address existing challenges but also prepare them for future developments in the rapidly evolving digital asset space. Through these educational initiatives, BIGG Digital Assets Inc. and Blockchain Intelligence Group are making significant contributions to the security and integrity of the global cryptocurrency ecosystem.

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Source: cointrust.com

The post BIGG Digital Assets Enhances Crypto Investigator Training with New Modules appeared first on HIPTHER Alerts.

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Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series

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BIGG Digital Assets Inc. has announced the launch of two new advanced modules in its Certified Cryptocurrency Investigator (CCI) training program through its subsidiary, Blockchain Intelligence Group (BIG). This expansion reflects the growing need for specialized knowledge in the digital asset and blockchain sectors, especially as these industries face increasingly sophisticated cyber threats.

New Modules Overview

  1. Module 9: Hacks and Exploits
    • This module provides an in-depth analysis of significant cryptocurrency hacks, exploits, and exit scams. It includes detailed case studies to help students understand the tactics employed by cybercriminals, identify early warning signs, and apply best practices for risk mitigation. The curriculum also covers the role of the dark web in facilitating these illegal activities.
  2. Module 10: Compliance and Risk Management
    • Aimed at professionals in financial institutions, this module covers comprehensive frameworks and controls for managing risks associated with cryptocurrencies. It includes regulatory requirements, risk assessment methodologies, and due diligence processes. The module offers a standalone certification, the Certified Cryptocurrency Investigator – Compliance (CCI-C), which is particularly valuable for compliance officers and risk managers.

Certification Details

The completion of these two modules, along with previous ones, leads to the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification. This certification is valid for one year, after which professionals must complete a top-up course to maintain their certified status. The program is designed to equip investigators, compliance teams, and risk professionals with the latest intelligence and skills necessary to combat the challenges in the rapidly evolving digital asset landscape.

Industry Relevance

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As cryptocurrency adoption grows globally, the risks associated with blockchain networks and digital assets also increase. The introduction of these advanced modules is a proactive step by BIGG Digital Assets Inc. to address the need for continuous education and training in this dynamic field. The CCI program has already been adopted by over 2,500 professionals worldwide, including law enforcement, regulatory bodies, and financial institutions, demonstrating its critical role in enhancing industry standards and safeguarding against cyber threats.

Conclusion

BIGG Digital Assets Inc.’s continued investment in educational initiatives through the Blockchain Intelligence Group underscores the importance of preparedness and expertise in the cryptocurrency space. By staying at the forefront of training and compliance, the company supports the broader industry’s efforts to maintain security and integrity as digital assets become more integrated into global financial systems.

Source: globenewswire.com

The post Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series appeared first on HIPTHER Alerts.

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