👏An exciting announcement from our partners at the NATO Innovation Fund (NIF), with their first investment into a DIANA cohort company. Congratulations to Aquark Technologies!
✅ Our first investment in a NATO DIANA cohort company is here. 🌌 We are excited to be leading Aquark Technologies' €5 Million seed round alongside Export and Investment Fund of Denmark, UK Innovation & Science Seed Fund and MBDA. GPS vulnerability could cause £1bn in losses per day, with GPS interference incidents increasing by 2,000 percent between 2018 and 2021. Aquark's novel method of constructing cold atom quantum sensors without magnetic fields can significantly reduce the size, weight, power consumption and cost of sensors. 👉 This innovation can play a critical role in safeguarding critical infrastructure – from communication, to navigation and finance, build resilient businesses and boost national security. Read more: https://lnkd.in/ghKDPVXD