Lancaster University has been shortlisted for the Knowledge Exchange/Transfer Initiative of the Year Award in the Times Higher Education Awards 2025. The competition entry is for “Quantum Base Q-ID: Setting a New Global Standard in Anti-Counterfeiting Technology Through Physics Knowledge Exchange”. Quantum Base became Lancaster University's first spin-out company to float on London's AIM market earlier this year, raising £4.8m through an IPO. Robert Young, Quantum Base co-founder, said: “I'm delighted and especially proud as this nomination is a direct recognition of Quantum Base’s incredible journey. Quantum Base has maintained close ties with Lancaster for over a decade, currently employing more than 10 Lancaster graduates.

Source: The Times October 10, 2025 00:20 UTC