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The Institute for Quantum Matter started its official operations in September of 2008. Funded by the Office of Basic Energy Sciences of the U.S. Department of Energy, the IQM seeks to expose and understand materials dominated by quantum coherence and quantum correlations. The institute combines chemical synthesis, advanced spectroscopy, and theoretical analysis for new fundamental understanding of interacting quantum particles and to discover materials with a potential for applications in the energy and information technology sectors.

The Institute for Quantum Matter is a collaboration between Johns Hopkins University and Princeton University, where Professor Robert Cava plays a key role in developing new materials informed by feedback from theory and spectroscopy.