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SBQuantum Positions for Growth as Sensor Launched in Space in MagQuest Challenge
SBQuantum, a Canadian developer of quantum diamond magnetometers capable of providing accurate and timely data for navigation, defense and public safety without reliance on the Global Positioning System, is positioning for growth with investor funding, a new CEO, a new U.S. sister company — and launch of its sensor into orbit as part of the final phase of the MagQuest Challenge. Led by the U.S. National Geospatial-Intelligence Agency, the multimillion-dollar competition seeks to identify and accelerate new technologies to monitor Earth’s magnetic field and ensure the accuracy of the World Magnetic Model. SBQuantum is one of three finalists in the program. […]