Modulight Corp., Press Release, October 5, 2022 at 10:00 a.m. (EEST)

Modulight was invited as the first Finnish company to join the Quantum Economic Development Consortium (QED-C) to further support quantum ecosystem initiatives in the U.S.

QED-C has support from multiple agencies and a diverse set of industry, academic, and other stakeholders. There are more than 200 members, including more than 150 corporations from across the quantum supply chain including quantum tech companies, component suppliers and manufacturers, hardware and software system developers, service providers and end-users. As a QED-C participant, Modulight is working to identify gaps in technology, standards, and workforce, and to address those gaps through collaboration with the Consortium.

“Quantum technologies are very interesting, emerging field, which can overcome the limitations of traditional ones. I believe that working with QED-C brings us great opportunities, while we can offer our expertise as a fully vertically integrated company to the Consortium. Lasers are the fundamental enabling technology behind many quantum systems, including trapped ion and neutral atom based qubits and quantum networking,” says Seppo Orsila, CEO of Modulight.

About QED-C:
The Quantum Economic Development Consortium (QED-C) is a consortium of stakeholders that aims to enable and grow the U.S. quantum industry. QED-C was established with support from the National Institute of Standards and Technology (NIST) as part of the Federal strategy for advancing quantum information science and as called for by the National Quantum Initiative Act enacted in 2018, set by the United States Congress.

Contacts

CEO Seppo Orsila m. +358 40 830 4671
CFO Anca Guina m. +358 40 830 4674
IR Ulla Haapanen m. +358 40 830 4676
Email: ir@modulight.com

Modulight in brief

Modulight Corporation is a biomedical laser company that designs and manufactures products for oncology, ophthalmology and genetics. The company also provides solutions for selected high value-add applications including quantum computing and digital press. The company’s products include medical devices, subsystems, software, cloud services and specialized semiconductors. Modulight’s products are used worldwide by many Fortune 500 companies, pharmaceutical companies, and well-known cancer centers and universities. Modulight was founded in 2000 and is headquartered in Tampere, Finland. www.modulight.com

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