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, along with a grant from TDA, is enabling ACE to grow and will directly lead to new high-tech job opportunities in Torbay.
Jason Buck, Investment Development Manager, TDA, said: “Since ACE’s relocation to Torbay they have been supported by our aftercare visit programme and Torbay Growth funding, while benefitting from working closely with other companies in the Torbay Hi Tech Forum. This support, coupled with their expertise, has seen the company thrive and it is great to see their continued success”.
Glenn George of Alpha Contract Engineering, said: “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.”
The TDA are further supporting the local high-tech sector with the development of an £8m Electronics and Photonics Innovation Centre on White Rock Business Park, which is due to be completed by the end of 2016.