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By Noted (anonymous) | Posted March 20, 2013 at 19:10:21
Showing how quickly an esoteric technology can become mainstream, Mike Lazaridis and Doug Fregin, who together founded BlackBerry, are establishing a $100 million venture fund for technologies that employ practical applications of quantum physics....
Mr. Lazaridis said the fund would initially focus on building things like sensors and actuators (a type of small motor), as well as new algorithms that could be used by others. Applications are likely in both health care and energy, among other fields, he said.
Noting that there is a big prize being offered to build a medical tricorder like the one in “Star Trek,” he said, “It’s not possible to do this without the sensitivity that a quantum sensor would have.”
Mr. Lazaridis did not announce any investments, but indicated that such announcements would soon come. Investment in a quantum computer, which he called “the holy grail” of applied quantum research, is not planned soon, but he did not rule out other breakthroughs.
“This is happening much faster than we thought,” he said. “The buzz is here.”
http://bits.blogs.nytimes.com/2013/03/19/creating-canadas-quantum-valley/
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