BOULDER, Colo.–(BUSINESS WIRE)–Apr 9, 2020–
ColdQuanta, the quantum atomics company, has been selected by the Defense Advanced Research Projects Agency (DARPA) to develop a scalable, cold-atom-based quantum computing hardware and software platform that can demonstrate quantum advantage on real-world problems. The award is valued at up to $7.4M.
The DARPA award is part of the ONISQ programâOptimization with Noisy Intermediate-Scale Quantum devicesâaimed at developing quantum systems that can scale to hundreds or thousands of qubits with high performance and reliability. The objective is to show quantum advantage of quantum-hybrid systems over classical systems for a range of difficult combinatorial optimization problems including resource allocation, logistics, and image recognition. ColdQuantaâs Quantum Coreâ¢ technology uses lasers to cool atoms to near absolute zero and can use individual atoms as qubits in a scalable manner, all without the need for cryogenic refrigeration.
âWe are honored by this award from DARPA and consider it strong validation of our cold atom quantum architecture and the extraordinary expertise of our collective team,â said Bo Ewald, CEO of ColdQuanta. âThe ONISQ program will drive the industry forward and lead to unprecedented quantum computational capabilities for crucial defense and intelligence applications. Many of these same optimization problems are also applicable to complex industrial applications.â
ColdQuantaâs partners in this collaboration are the University of WisconsinâMadison, Raytheon Technologies, Argonne National Laboratory, University of Chicago, NIST Gaithersburg, University of Colorado Boulder, University of Innsbruck, and Tufts University.
âWeâre thrilled to embark on this program with ColdQuanta and our partners,â said Mark Saffman, Chief Scientist for Quantum Information at ColdQuanta and Professor of Physics, University of WisconsinâMadison. âThe capabilities of the team will enable us to deliver on all aspects of the ONISQ programâhardware, software, applications, and benchmarking.â
âArgonne is delighted to collaborate with ColdQuanta and other partners to use the largest supercomputers in the world to demonstrate quantum advantage and perform benchmarks,â said Yuri Alexeev, Principal Project Specialist at Argonne and a Senior Scientist at the University of Chicago.
ColdQuanta is leading the development of hardware, control systems, and interface software, and has already begun work on the project. The partner organizations will supply a range of components, develop use cases and applications, provide expertise in quantum computation and quantum simulation, and perform benchmarking using world-class classical supercomputers.
ColdQuanta leads the market in commercializing quantum atomics, the next wave of the information age. The companyâs Quantum Coreâ¢ technology is based on ultra-cold atoms cooled to a temperature of nearly absolute zero; lasers manipulate and control the atoms with extreme precision. ColdQuanta manufactures components, instruments, and turnkey systems that address a broad spectrum of applications: quantum computing, timekeeping, navigation, radiofrequency sensors, and quantum communications. ColdQuantaâs global customers include major commercial and defense companies; all branches of the U.S. Department of Defense; national labs operated by the Department of Energy, NASA, and NIST; and major universities. ColdQuanta is based in Boulder, CO, with offices in Madison, Wisconsin, and Oxford, UK.
Learn more at www.coldquanta.com.
The name ColdQuanta and the ColdQuanta logo are both registered trademarks of ColdQuanta, Inc.
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KEYWORD: UNITED STATES NORTH AMERICA COLORADO
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PUB: 04/09/2020 10:00 AM/DISC: 04/09/2020 10:00 AM
Copyright Business Wire 2020.
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