- Quantum Exponential Group introduced it has appointed Stuart Woods as Chief Working and Technique Officer.
- Wooden’s operational, technical and managerial expertise spans each measurement and sector and led him most not too long ago into cryogenics for quantum computing.
- Important Quote: “Stuart’s expertise within the quantum and deep tech sectors, and his contacts of sector consultants and traders alike, is second to none. It’s a testomony to Stuart’s perception in our long-term technique that he joins Quantum Exponential at this vital time as we glance to proceed constructing on the standard of investments made to this point.” — Ian Pearson, Quantum Exponential Group, non-executive Chairman.
PRESS RELEASE — Quantum Exponential Group plc (AQUIS: QBIT), an organization centered on investing in quantum know-how, is happy to announce that it has appointed Stuart Woods as Chief Working and Technique Officer.
This non-board place has been newly created by the Firm because it continues to capitalise on the funding alternatives introduced by quantum sensing, quantum timing, quantum networking, and quantum computing.
Woods has over three many years of expertise and has led quite a lot of know-how firms starting from startups to publicly traded, multi-million-pound companies. His various portfolio contains eleven disruptive applied sciences and contains 5 acquisitions. He has constructed, raised funds for and managed these firms by mapping their particular wants and strengths whereas constructing their groups.
Wooden’s operational, technical and managerial expertise spans each measurement and sector and led him most not too long ago into cryogenics for quantum computing, the place he was managing director of Oxford Devices NanoScience, a part of London Inventory Change-listed Oxford Devices Plc, at the moment capitalised at c.£1.5 billion. Right here, he led a staff on the forefront of the event and commercialisation of quantum computing globally, creating excessive efficiency cryogenic and cryogen-free environments for ultra-low temperature and excessive magnetic subject functions in physics, chemistry and supplies science analysis right down to the atomic scale.
Woods was additionally a member of the Administration Board of Oxford Devices plc and performed a key function within the supply of the corporate’s environmental technique, centered on minimising the environmental footprint of its operations, services.
Woods is at the moment a Enterprise Technique Officer on the board of The Quantum Insider, a number one supplier of media and market intelligence on the quantum know-how trade serving to purchasers internationally perceive and thrive in complicated, fast-growing markets. Woods helps The Quantum Insider on its business technique which incorporates increasing its enterprise verticals and advising on its product development plans.
Commenting on his appointment, Stuart Woods mentioned “I’m trying ahead to becoming a member of the Quantum Exponential staff as we develop on the progress made to this point. QE’s thorough due diligence course of, the expertise of the staff, its dedication to technical depth and its quantumonly focus makes it a very one-of-a-kind fund, offering traders entry to often inaccessible firms. With rising investor consciousness in quantum applied sciences, coupled with assist from the UK Authorities for the quantum know-how sector, an excellent advisory board and a strong deal funnel, I’m assured of thrilling occasions forward for Quantum Exponential and its shareholders”.
Ian Pearson, non-executive Chairman, added: “I’m thrilled to be welcoming Stuart to the senior administration staff at Quantum Exponential within the newly created Chief Working and Technique Officer function. Stuart’s expertise within the quantum and deep tech sectors, and his contacts of sector consultants and traders alike, is second to none. It’s a testomony to Stuart’s perception in our long-term technique that he joins Quantum Exponential at this vital time as we glance to proceed constructing on the standard of investments made to this point.
“Since itemizing, the staff have made glorious progress whereas our standing as a number one UK skilled and pure-play quantum know-how fund deepens. Whereas we frequently work to lift our profile amongst trade our bodies and educational organisations, now we have attracted a excessive calibre of alternatives and colleagues which we imagine will, in the long run, create worth for all shareholders particularly as we glance to launch a Quantum Exponential restricted partnership enterprise capital fund.”