Quantum Optimization landscape. Credit – Q-CTRL
Q-CTRL is partnering with Classiq to offer a full integrated platform for designing and optimizing quantum algorithms. Classiq’s platform allows users to create algorithms and automate the process of converting high-level functional models into optimized quantum circuits. In other words, the platform allows adaptability to hardware and system constraints and optimizes output accordingly. Q-CTRL focuses on developing error-mitigation solutions in quantum environment
The integration between the two platforms “will provide a single interface where developers can use both solutions to create algorithms and run them with high-performance error reduction techniques, simplifying the end-to-end process of getting useful insights from quantum computers.”
Error-Suppression and Quantum Computing
Currently, most quantum computers are so error prone that only the shortest and simplest algorithms can be run; this challenge has inhibited the delivery of useful quantum computations to end users.
The computational power of quantum computing is expected to deliver transformational capabilities in applications ranging from drug discovery and enterprise logistics to finance. However, the underlying hardware is extremely unstable and fragile, hampering these machines from reaching their full potential.
Q-CTRL is focused on delivering hardware-agnostic, error-correcting enterprise software that will enable useful quantum computing for organizations. The underlying technology also applies to a new generation of quantum sensors thereby broadening its specialization in the error-mitigation space.
More About Q-CTRL AND Classiq
Q-CTRL was founded by Michael Biercuk, who is also a Professor of Quantum Physics and Quantum Technology at the University of Sydney, Australia. In 2017, he founded Q-CTRL based on research he led at the university’s Quantum Control Lab.
Professor Michael Biercuk, Founder of Q-CTRL. Credit: Q-CTRL/Photo: Jessica Hromas
Q-CTRL is Australia’s first venture-capital-backed quantum technology company and has raised over $43 Million including a Series B round ($25 Million) in 2021.
Q-CTRL is funded by SquarePeg Capital, Sierra Ventures, Sequoia Capital China, Data Collective, Horizons Ventures, Main Sequence Ventures, In-Q-Tel, Airbus Ventures, and Ridgeline Partners. The company has international headquarters in Sydney, Los Angeles, and Berlin. Q-CTRL has been an inaugural member of the IBM Quantum Startup network since 2018.
Classiq has raised $64 Million in funding so far (see story here).
A recent story on Classiq about its partnership with Rolls-Royce here.
November 2022