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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Oxford Instruments plc    OXIG   GB0006650450

OXFORD INSTRUMENTS PLC

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Oxford Instruments : Plasma Technology Joins Quantum Foundry at UCSB as Industrial Partner

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08/05/2020 | 11:22am EDT

5 Aug

Oxford Instruments Plasma Technology Joins Quantum Foundry at UCSB as Industrial Partner Oxford Instruments Plasma Technology is pleased to announce they have joined the Quantum Foundry at the University of California Santa Barbara to further develop their Quantum technology solutions.

The Quantum Foundry at UC Santa Barbara is a next generation materials foundry that develops materials and interfaces hosting the coherent quantum states needed to power the coming age of quantum-based electronics. The mission of the Foundry is to develop materials hosting unprecedented quantum coherence, train the next generation quantum workforce, and to partner with industry to accelerate the development of quantum technologies.

Oxford Instruments is proud to be one of the industry partners at the UCSB Quantum Foundry, along with other industry leaders in the Quantum technology ecosystem.

Dr Ravi Sundaram, Head of Strategic R&D Markets, Oxford Instruments, commented 'Oxford Instruments is delighted to be part of such a strong consortium at UCSB and to support the development of robust Quantum device fabrication processes for applications in computing, communications. We are committed to providing market leading quantum technology solutions to our customers and partnering with the Quantum Foundry will ensure we continue to be at the forefront of this developing technology.'

Dr Tal Margalith, Executive Director of Technology and Industrial Liaison, UCSB Quantum Foundry, said 'We are thrilled to have Oxford Instruments on board. Their cutting edge, robust processing solutions tailored for quantum technology device fabrication will help us ensure that there's an executable roadmap from academic discovery to commercial applications.'

Oxford Instruments continues to develop and support market-leading nano-fabrication solutions vital to the manufacture of several quantum device platforms including superconducting qubits (ALD, Plasma etch), Diamond NV Centres (Plasma etch, Hard mask deposition), and integrated photonics-based qubits (waveguide etch, single photon detector layers etc.).

For more information on Oxford Instruments' Quantum technology solutions please visit Plasma.oxinst.com/Quantum

For more information on the UCSB Quantum Foundry please visit https://quantumfoundry.ucsb.edu/

- Ends -

Issued for and on behalf of Oxford Instruments Inc.

Disclaimer

Oxford Instruments plc published this content on 05 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2020 15:21:04 UTC

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Net income 2021 24,4 M 32,0 M 32,0 M
Net cash 2021 77,0 M 101 M 101 M
P/E ratio 2021 31,5x
Yield 2021 0,93%
Capitalization 797 M 1 047 M 1 047 M
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EV / Sales 2022 2,27x
Nbr of Employees 1 585
Free-Float 94,0%
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Ian Richard Barkshire Chief Executive Officer & Executive Director
Neil Andrew Patrick Carson Non-Executive Chairman
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Thomas Geitner Independent Non-Executive Director
Richard Henry Friend Independent Non-Executive Director