Quantum Base has become the first ever Lancaster University spin out to float on the London Stock Exchange following its successful fundraising and admission to trading.

Quantum Base’s ordinary shares are now trading on the LSE AIM market under the ticker “QUBE”, with dealings having commenced at 08:00 BST on 4 April 2025.

The successful listing on AIM follows a £4.8 million fundraising, reflecting the appetite and investor confidence in Quantum Base’s innovative product and future growth trajectory. The proceeds will support and accelerate Quantum Base’s commercialisation, with plans to fund product development and new key commercial and operational hires.

Quantum Base was founded in 2013 as a spin-out from Lancaster University through which Professor Rob Young's discoveries in the field of quantum physics could be commercialised. The Marketing Director is Dr Alan Gilchrist from Lancaster University Management School and the Scientific Materials Advisor is Professor Benjamin Robinson from Physics.

Professor Rob Young, Founder of Quantum Base, said: “This is a pivotal moment in Quantum Base's journey as we commence trading on the London Stock Exchange. This milestone is not merely a financial achievement; it represents the realisation of our vision to harness quantum technology to address pressing real-world challenges.

“The funds raised through this IPO will accelerate the commercialisation of Q-IDs, propelling our technology into a phase of rapid growth. Our ambition is bold: to establish Q-IDs as the new global standard in anti-counterfeiting, safeguarding products and consumers worldwide.”

The company is focused on the development and application of its patented Q-ID solution – unbreakable and non-replicable authenticity tags that can be applied to a vast array of products, significantly mitigating counterfeiting. By harnessing the randomness that is inherent at the atomic level, Q-ID tags are practically impossible to replicate using even the most advanced available technology. Q-IDs can be easily integrated with most common printing methods and quickly authenticated with a smartphone, providing easy authentication and proven security for global brands, governments and consumers.

Tom Taylor, CEO of Quantum Base, said: “We are thrilled to commence trading on AIM, marking a key step in our decade long journey from a Lancaster University spin-out to a British scientific success story. Floating on AIM is a major milestone for Quantum Base and provides further independence and credibility for our business.

“Our Q-ID solution can address the challenges that counterfeiting presents to global brands, governments and consumers, and with access to a world-leading market, I believe we are well-placed to become the new global standard in authentication.

“Having already signed major contracts, we look forward to growing the company and our customer base whilst delivering value for our stakeholders.”

Counterfeiting is estimated to cost businesses and tax authorities $2.8 trillion in lost revenue annually, and the traditional solutions, such as holograms, taggants and security inks, are often susceptible to replication, are expensive to produce, or require reading technology that isn't readily available to the average consumer or manufacturer. Quantum Base’s atomic-level anti-counterfeit Q-ID solution can be utilised in a vast number of end markets without requiring a change of existing consumer behaviour, or any further hardware or infrastructure.

The science underpinning this technology has undergone peer review, has been published in leading open-access science journals, and has been well-received by the scientific community. The Q-ID has since been subjected to rigorous adversarial and competitive testing by prospective partners which has validated its ground-breaking ability to identify counterfeits whilst demonstrating the legitimacy and value of the solution commercially.