Devon-based Alpha Contract Engineering is partnering Nokia Technologies and Oxford University in a research programme to make sensitive data communications, such as cash transactions, more secure.
The 12 month project will investigate the feasibility of quantum key distribution (QKD) from handheld devices to make the use of cash machines and other highly sensitive and important data transactions secure.
QKD uses quantum mechanics to guarantee secure communication. It enables two parties to produce a shared random secret key known only to them, which can then be used to encrypt and decrypt messages
This project, which has funding from Innovate UK, along with a grant from the Torbay Development Agency (TDA), will allow Alpha Contract Engineering to create job opportunities in the region.
“TDA has supported ACE throughout their time in Torbay, and as a result of their support we will be looking to expand the company. We know we can find the right calibre of engineers from Torbay’s highly skilled workforce,” said Glenn George of Alpha Contract Engineering.
The TDA are further supporting the local technology sector with the development of an £8m Electronics and Photonics Innovation Centre (EPIC) on White Rock Business Park, which is due to be complete by the end of 2016.
The aim is to create a strong and growing business cluster for electronics and photonics expertise in the region.
Research indicates that the photonics sector is worth over £12bn to the UK economy, supporting more than 1,500 small and medium-sized companies (SMEs), employing more than 70,000 people and growing at 8-10% annually.
The photonics industry includes lasers for manufacturing, entertainment, computer chips, transmitting information, 3D printing, measurement, sensors and healthcare.
Photonics is also the basis for LEDs in high-efficiency lighting and flat-screen displays for phones, televisions and wearable technologies
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