ColdQuanta and ParityQC Partner to Investigate Quantum Advantage with Optimization Problems

Earlier this year, ColdQuanta was awarded a contract from the Defense Advanced Research Projects Agency (DARPA) to develop a scalable, cold-atom-based quantum computing hardware and software platform based upon its cold atom Quantum Core technology that can demonstrate quantum advantage on real-world problems. ParityQC is providing crucial support for this project with its ParityQC architecture, a blueprint for next generation quantum computers to solve optimization problems, and ParityOS, the operating system to run quantum algorithms on the architecture. The companies believe that by using the ParityQC architecture they will be able to compile optimization problems with an order of magnitude fewer gate operations compared to the standard gate model approach. This will allow them to demonstrate Quantum Advantage on a real world optimization problem much sooner than would otherwise be expected. For more information, you can view the news release on the ColdQuanta website here and another one on the ParityQC website here.

December 19, 2020