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Podcast: How the UK can prepare for the quantum revolution – Dr Nick New, CEO, Optalysys

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Dr Nick New, CEO of Optalysys, discusses why the UK must already start preparing for the benefits and the risks of quantum computing technology.

“The time absolutely is now to be considering these methods and putting things in place with quantum computing now getting ever closer,” New tells UKTN Podcast host Jane Wakefield.

New describes how while quantum computers can provide tremendous support for dozens of industries, it can also represent a new frontier of danger in the world of cybercrime. 

“We’ve seen a number of examples where data has been basically stolen in encrypted form to be hacked later on by quantum computing once it’s there now.”

Optalysys is a photonics-based encryption company that can protect data beyond the capabilities of electronic-based computing. New describes how the UK is well-positioned to become a global leader in photonics technology and how raising funding as a deep tech startup presents its own unique challenges 

Listen to the full episode here, along with all previous episodes of the UKTN Podcast.

The UKTN Podcast is sponsored by HSBC Innovation Banking, which offers flexible banking solutions for startups, scaleups, growth businesses, investors and those working towards IPO.

Throughout the series, the UKTN Podcast speaks to some of the key movers and shakers from UK tech. We’ll learn growth strategies from both seasoned and up-and-coming founders, hear market sentiments from investors, and question policymakers on the decisions impacting the country’s innovation economy.

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