8 quantum tech-related startups selected for special Government support
New Delhi, 27 November 2024: Union Minister Dr. Jitendra Singh has announced the selection of eight pioneering StartUps for support under the Department of Science and Technology’s newly formulated guidelines.
The startups have been chosen under the National Quantum Mission (NQM) and the National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS). Each of the selected StartUps is expected to make impactful contributions in their respective domains.
The selected companies include Bengaluru-based QNu Labs, which is working on developing end-to-end quantum-safe heterogeneous networks; QPiAI India Private Ltd., also from Bengaluru, that is working on building a superconducting quantum computer; Dimira Technologies Pvt. Ltd., based at IIT Mumbai, which is focusing on indigenous cryogenic cables essential for quantum computing; and Prenishq Pvt. Ltd. from IIT Delhi, which is developing precision diode-laser systems.
The other four start ups that have been selected are:; QuPrayog Pvt. Ltd. from Pune, which is innovating in optical atomic clocks and related technologies; Quanastra Pvt. Ltd. from Delhi that is developing advanced cryogenics and superconducting detectors; Ahmedabad’s Pristine Diamonds Pvt. Ltd., which is creating diamond materials for quantum sensing, and Bengaluru’s Quan2D Technologies Pvt. Ltd., which is advancing superconducting Nanowire Single-photon Detectors.
Addressing the scientists, youngsters, StarUp founders and venture capitalists, the Union Minister noted that quantum technologies are poised to revolutionize multiple aspects of people’s lives. Quantum communication, for instance, offered ultra-secure methods of sharing information through quantum cryptography and quantum sensing could revolutionise healthcare, enabling highly precise medical diagnostics and imaging.
He further highlighted how quantum simulations can optimize energy systems, making power grids more efficient, renewable energy sources more reliable, and fostering the discovery of sustainable energy materials and noted that quantum advancements in cyber security would provide unmatched protection for financial systems, securing online transactions and safeguarding sensitive data.
Dr. Singh further underlined the far-reaching implications of quantum technology in improving satellite communication and navigation systems, in combating climate change by optimizing renewable energy systems, advancing climate modelling, and promoting sustainable agriculture.
Reflecting on India’s rise as a quantum powerhouse, Dr. Jitendra Singh drew attention to the visionary policies of Prime Minister Narendra Narendra Modi, which have created an enabling environment for innovation. “India is no longer waiting to catch up; we are setting the pace. Quantum technologies will shape the nation’s future, and we are determined to lead this global revolution,” he said.
During the event, Union Minister Dr. Jitendra Singh proposed that such initiatives and programs should be held beyond Delhi to ensure broader participation and engagement across the country. Taking these events to smaller towns and other regions would provide the youth with a valuable opportunity to witness the advancements in quantum technologies and related fields firsthand, he emphasised.
The event was graced by the presence of distinguished leaders in science and technology, including Dr. V.K. Saraswat, Member (S&T), NITI Aayog; Prof. Abhay Karandikar, Secretary, Department of Science & Technology; Dr. Ajai Chowdhry, Chairman, Mission Governing Board (MGB), National Quantum Mission; and Dr. Kris Gopalakrishnan, Chairman, MGB, NM-ICPS
