CUbit gets state boost to move quantum science ‘out of the lab and into the market’

BOULDER — CUbit Quantum Initiative, the University of Colorado’s interdisciplinary hub dedicated to the advancement of quantum technology, recently received a financial shot in the arm from the state aimed at helping scientists and entrepreneurs commercialize locally developed, cutting-edge technology.

The Colorado Economic Development Commission has approved nearly $1.5 million in grant funding from the  Colorado Office of Economic Development and International Trade that CUbit will provide to startups that are “bring to bring applied science out of the lab and into the market,” Michelle Hadwiger, OEDIT deputy director and director of global business development, told BizWest. 

“New, enabling technologies come on…