Quantcore, a Scottish quantum startup, has been awarded the 2026 qBIG prize by the Institute of Physics (IOP). This annual prize recognizes small or medium-sized companies in the UK or Ireland for their breakthroughs in quantum technology commercialization. Quantcore, a spin-out from the University of Glasgow, specializes in developing superconducting processors, resonators, and sensors using niobium-based components, which can operate at higher temperatures than traditional materials. This innovation has earned them a £2.5 million seed funding boost from various investors.
The qBIG award, now in its fourth year, is sponsored by Quantum Exponential and includes a £10,000 cash prize, mentoring, and business support. The ceremony, held in London, celebrated Quantcore's achievements alongside two runners-up: Mater-AI, which develops thermoelectric materials for energy conversion and cooling, and Skydiamond, which produces lab-grown diamonds for quantum computing.
Quantcore's CEO, Jack Brennan, expressed his delight at the recognition, highlighting the company's growth and the importance of being part of a list of successful quantum startups. The IOP's director of science, business, and education, Louis Barson, emphasized the UK quantum industry's rapid growth and the qBIG prize's role in fostering innovation and providing a platform for emerging companies like Quantcore.
This award is a significant milestone for Quantcore, showcasing their potential in the quantum technology sector. With their innovative approach to superconducting components, they are poised to make a substantial impact in the field of quantum computing and sensing. The qBIG prize not only acknowledges their achievements but also serves as a catalyst for further growth and development in the quantum industry.
