According to the data on The Quantum Insider’s proprietary data platform, D-Wave and MagiQ are the oldest pure quantum technology companies (as in founded specifically for that purpose) in existence, both founded in 1999. However, if you really want to knit pick, you can find companies working with quantum/quantum computing technology these days that were founded prior to these enterprises’ existence, such as Toptica (1998), Kelvin Nanotechnology (1997), FormFactor (1993), IronCap (1992), Cryofab (1971), and even Oxford Instruments, which was founded way back in 1959!
This is without even talking about the large multinationals like IBM (1911), Intel (1968), Microsoft (1975), and Google (1998) that are the major players (along with several others) in the space in 2022.
This brings us to the focus of today’s article, two companies founded in 2022, the Chinese Year of the Tiger.
Whether this founding year will be lucky for them is anyone’s guess; yet, with the trajectory the quantum technology industry is heading, all the signs look positive.
Let’s do it, then:
1. OklahomaQuantum Inc.
Based out of Norman, Oklahoma, OklahomaQuantum Inc. designs and manufactures Quantum inertial sensors that provide position when GPS is unavailable. Used in many industries, such as autonomous vehicles, submarines, aircraft and spacecraft, Quantum inertial sensors can provide near-absolute accuracy of acceleration because atoms are extremely sensitive to their environment. However, quantum technology has many shortcomings to be put into practical use. OklahomaQauntum is developing a quantum inertial sensor that is highly integrated, and compact for navigation.
Founded by CEO Saesun Kim, a tech entrepreneur and winner of the international quantum hackathon hosted by Creative Destruction Lab — whose graduate work on generating atomic resonance quantum light has been selected as Editor’s Pick at the Optics letter — Kim also serves as co-lead of the IBM Qiskit localization project for an open-source project.
2. Sandbox AQ
Sandbox AQ is harnessing the exponential power of AI + Quantum — AQ. The inspiration for Sandbox AQ and some of the team originated at Alphabet Inc. in 2016, becoming an independent entity in 2022. Led by CEO Jack Hidary and Eric Schmidt, who is Chairman, Board of Directors, the company’s mission is to develop commercial products for telecom, financial services, healthcare, the federal government, computer security, and other computationally-intensive sectors.
Sandbox AQ’s team’s unique approach enables cross-pollination across a diverse range of fields, from physics, computer science, neuroscience, mathematics, cryptography, natural sciences, and more.
Its success comes from coalescing diverse talent to create an environment where experimental thinking and collaboration yield breakthrough physics + AI solutions. Join a culture where thought leadership, diverse talent, employee engagement, and technological impact will create the next tech uproar.
Deeply committed to education as a means to advance quantum solutions and computing initiatives, Sandbox AQ invests in future talent through internship programs, research papers, developer tools, textbooks, educational talks/events and partnerships with universities/talent hubs to attract multi-disciplinary talent.
Regarding this work, the end game is to inspire people from all walks of life to be prepared for the quantum era and encourage a path in STEM.