ColdQuanta has secured a $7.4M award to create cold-atom-based quantum computing technology for the Defense Advanced Research Projects Agency.
The company said Thursday it will develop computing hardware and software designed to support real-world problem-solving under the Optimization with Noisy Intermediate-Scale Quantum devices, or ONISQ, program.
ONISQ aims to demonstrate the use of hybrid quantum technology to process thousands of qubits with better performance than standard-approach systems.
Raytheon Technologies, the University of Wisconsin““Madison, the University of Innsbruck, Tufts University, the University of Colorado Boulder, the University of Chicago and the National Institute of Standards and Technology serve as ColdQuanta's partners for the effort.
Mark Saffman, chief scientist for quantum information at ColdQuanta and a professor at the University of Wisconsin““Madison, said the team offers the hardware, software, benchmarking and applications needed for the effort.