BOULDER - ColdQuanta Inc. is moving its operations within Boulder to a larger space to accommodate the company's growth.

ColdQuanta is taking 3,240 square feet at 1600 Range St. in Boulder as it commercializes technology developed by University of Colorado-Boulder faculty member Dana Z. Anderson, co-founder and chief technology officer of ColdQuanta.

Anderson's collaborators include CU professors Eric Cornell and Carl Wieman, recipients of a 2001 Nobel Prize for the achievement of Bose-Einstein Condensation in an atomic vapor.

Rainer Kunz, president and chief executive of Cold Quanta, said the move more than doubles the space the company was occupying at 5470 Conestoga Court in Boulder. Kunz said the added space is needed as the company hires more employees in anticipation of contracts from the federal government.

Ultracold matter, including Bose-Einstein Condensation - known as BEC, a new form of matter formed just above absolute zero - has many potential applications ranging from atomic clocks, inertial sensing instruments and the improvement of frequency standards to magnetic field sensing and quantum computing.

The lease was brokered by Freeman Myre Commercial Real Estate in Niwot. The building is owned by Westland Development Services Inc. of Boulder.