On day 4 of London Tech Week attention turned to deeptech, writes Russ Shaw

In the second half of London Tech Week, the focus shifted from the strengths of London today to the promise of tomorrow.

Today I had the pleasure of visiting the Royal Aeronautical Society, which embodies the rich history of British innovation while keeping one eye on the future. Over the course of this week, there has been a natural focus on the quick and immediate wins – but this should not come at the expense of strategic, long-term thinking.

London has a long history of innovation, stretching from the Industrial Revolution to now. With Deeptech, it’s possible to glimpse what the next step of that journey might look like.

Deeptech as a catalyst for growth

Deeptech refers to transformative technologies, particularly in fields like AI and quantum computing, that offer breakthroughs to solve global problems. As such, it requires significant research and development.

While Deeptech may have relatively low market risk, as the value of the proposed tech is readily apparent, there are engineering, business and timeline concerns that other startups may not have.

Deeptech is how major tech IP is developed, making it incredibly valuable to the long term strength of any economy. IP itself creates and sustains entire sectors, and IP-intensive industries

© City A.M.