J2 Ventures and SOSV invested in Mesa Quantum, a startup working on GPS alternatives.
Boulder, Colorado startup Mesa Quantum has raised $3.7 million in seed funding on top of a $1.7 million Space Force grant to develop chip-scale quantum sensors.
Cofounded by Mesa Quantum CEO Sristy Agrawal and CTO Wale Lawal in 2023, the company has won a $1.9 million Space Force grant to demonstrate its alternative to GPS technology in military and civilian applications. Agrawal told CNBC that the lab below her office at the university is home to the world's most precise clock."Working here and interacting with all these different groups led me to appreciate what impact these technologies could have for real, not just theoretically in the future as you hear about with quantum computing," she said.
Lawal explained that military aircraft and other vehicles cannot afford to have their systems disrupted and jammed. Any disruptions could lead to"catastrophic events for warfighters" in the air and on the ground."If unmanned aircraft lose GPS signals, which they rely on to surveil the environment and provide intelligence information to troops down range, the troops cannot complete critical missions like a search and rescue.
He's also guessing Mesa Quantum's sensor tech will be in demand among companies that build or operate their own data centers.
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