30 Jan 2019 Boulder - ColdQuanta, a pioneer in the development of commercial products used in ultracold-atom quantum devices and research efforts, is making a strategic investment in quantum computing in a new Madison-based branch of ColdQuanta together with a sponsored research award to the University of Wisconsin-Madison. This first award funds the programme for 18 months to develop core performance aspects of the quantum computer making it suitable for commercialization.
"I am grateful for the opportunity to begin transitioning our many years of quantum computer research into a substantial commercial development effort", stated Mark Saffman, Ph.D., University of Wisconsin-Madison Professor of Physics and Chief Scientist for Quantum Information at ColdQuanta. "This is the logical next step, as we have already succeeded in moving our quantum computing approach beyond fundamental scientific research. This investment enables us to accelerate our efforts toward an engineering-driven product roadmap."
"The unique University of Wisconsin quantum computer architecture allows us to rapidly scale the number of qubits towards a commercially viable machine, with good fidelity and a high level of interconnectivity", stated Timothy Day, Executive Chairman for ColdQuanta. "The approach is further enabled by ColdQuanta's unique and highly-compact cold atom subsystem. We are committed not only to the development of this potentially disruptive quantum computing architecture, but also to the commercialization of related quantum devices."
Dr. Day will be sharing his perspective on quantum-enabled devices, markets for quantum information systems, and the knock-on impact to the photonics industry as a whole, in a moderated Lasers & Photonics Marketplace Seminar panel discussion presented by Laser Focus World at Photonics West on February 4, 2019 in San Francisco, California.