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Latest News

Torbay Hi Tech company receives research program funding

9th April 2015

Categories: Latest News

Local photonics assembly specialists Alpha Contract Engineering (ACE) is partnering Nokia Technologies and Oxford University on a hi tech research program funded by Innovate UK.

The 12 month project titled “Feasibility study of handheld Quantum Key Distribution” (QKD) will make the use of cash machines and other highly sensitive and important data transactions secure.

QKD uses quantum mechanics to guarantee secure communication. It enables two parties to produce a shared random secret key known only to them, which can then be used to encrypt and decrypt messages

This project, along with a grant from TDA, is enabling ACE to grow and will directly lead to new hi tech job opportunities in Torbay.

ACE have been members of the Torbay Hi Tech Forum since 2011 and acknowledged the potential of Torbay by relocating the business in 2012.

Jason Buck, Investment Development Manager, TDA, said: “Since ACE’s relocation to Torbay they have been supported by our aftercare visit programme and Torbay Growth funding, while benefitting from working closely with other companies in the Torbay Hi Tech Forum. This support, coupled with their expertise, has seen the company thrive and it is great to see their continued success”.

Glenn George of Alpha Contract Engineering Ltd, said “TDA has supported ACE throughout their time in Torbay, and as a result of their support we will be looking to expand the company. We know we can find the right calibre of engineers from Torbay’s highly skilled workforce.”

The TDA are further supporting the local hi tech sector with the development of a new £8m state of the art Electronics and Photonics Innovation Centre (EPIC) on White Rock Business Park, which is due to be complete by the end of 2016.

Torbay and South Devon is nationally recognised by industry as one of the top locations for electronics and photonics expertise in the country, and has a strong and growing cluster.

The area’s cluster comprises of a mix of leading tech giants, SMEs and micro businesses. Due to the strong skills legacy within the industry and innovation in new emerging technologies, the opportunities for the development of the local cluster continues to grow.

For more information about the Hi Tech Forum visit www.torbaydevelopmentagency.co.uk/hitech or call 01803 207827.

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