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UKTN | The Podcast

Could the UK lead the world in quantum computing? - Dr Chris Ballance, founder, Oxford Ionics

UKTN | The Podcast

UKTN

Technology, Entrepreneur, Tech, Business, Hr, Sales, Uktech, Investing, Funding, Entrepreneurship, Marketing

56 Ratings

🗓️ 21 January 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Dr Chris Ballance, founder and CEO of Oxford Ionics, discusses how the UK has the chance to build a competitive edge in the development of quantum computing, and shares how his love of experimentation dates back to his early escapades as a pupil at school. 

Founded in 2019, Oxford Ionics raised £30m in a Series A funding round in 2023. In September, the company set a new record in quantum state preparation and measurement, bring it one step closer to delivering quantum computers for commercial use. 

Transcript

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0:00.0

It's always the new start-ups that can just go hell for leather on one particular approach,

0:12.0

that end up winning the market.

0:17.0

Any fool can build a complex technology. To actually build something at scales, you need to build a complex technology.

0:23.7

To actually build something at scales, you need to build a simple technology.

0:36.6

Post 9-11, the UK school system wasn't too happy to have children, school children, bringing too much explosives. And the threshold for how much explosives any one school child, you know,

0:39.6

was allowed to carry into school before raising eyebrows was lower than my instinct.

0:50.7

From the first time founders to the funds that back them, innovation needs different.

0:56.3

Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science

1:02.7

businesses, creating meaningful connections and opening up a world of opportunity for entrepreneurs

1:08.3

and investors alike. Discover more at www.h.hsbc Innovationbanking.com

1:15.1

slash E.N.g. GB. Hello and welcome to the UKTN podcast, a weekly chat with the movers and shapers of the UK tech industry

1:29.1

and the destination for all things UK tech related. Today I'm joined by Chris Balance, who is the founder

1:36.4

of Oxford Ionics, a quantum technology firm which claims to be helping move quantum out of the lab

1:42.8

and into the everyday. Welcome, Chris.

1:45.8

Going to be here. Now, Chris, you might have noticed I haven't really tried to explain what it is

1:50.7

that you do. It's all to do, I think, with qubits which don't behave very well and you're trying

1:55.2

to make them behave better. But I'm going to hand over to you for that explanation because quantum

1:59.2

is fiendishly complex, isn't it? And I wouldn't

2:02.1

want to make any guesses about what it is you do. So explain for everybody in simple terms what

2:07.4

it is that you're doing. So at Oxford-Ionics, we build the world's highest performance of quantum

2:11.4

computers. So the idea behind quantum computing is really very simple. You know, we've known since the 1980s that if we

2:19.5

harness the quantum mechanical properties of nature for computation, we can make the world's most

...

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