Multiverse Computing & IQM Quantum Computers Announce Partnership to Develop Application-Specific Processors

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Multiverse Computing & IQM Quantum Computers Announce Partnership to Develop Application-Specific Processors

Insider Brief:

  • Multiverse Computing and IQM Quantum Computers have announced a partnership to develop integrated solutions for specific quantum-based applications in finance, energy, chemistry, logistics, material science, and other verticals.
  • Through this partnership, both companies will tightly integrate IQM’s co-designed quantum processors with Multiverse’s Singularity SDK to accelerate the path to quantum advantage in solving real-world problems.
  • Dr. Peter Eder, Head of Partnerships of IQM Quantum Computers, says the partnership brings some of the best quantum experts in this world together to find a fast lane to quantum advantage.
  • Meanwhile, Mehdi Bozzo-Rey, Chief Revenue Officer at Multiverse Computing, believes the combined offering means both its customers can explore the power of quantum computing with customized solutions dedicated to solving their particular business challenges.

PRESS RELEASE — SAN SEBASTIÁN, SPAIN, August 18, 2022 — Multiverse Computing, a global leader in delivering value-based quantum computing solutions, and IQM Quantum Computers, a European leader in the industry, today announced a partnership to develop integrated solutions for specific quantum-based applications in finance, energy, chemistry, logistics, material science and other verticals.

Through this partnership, both companies will tightly integrate IQM’s co-designed quantum processors with Multiverse’s Singularity SDK to accelerate the path to quantum advantage in solving real-world problems. Engineers will design application-specific processors that leverage the strengths of each product and the company’s deep customer knowledge to offer the best custom solutions.

“This partnership combines the best solutions in today’s quantum software and hardware,” says Dr. Peter Eder, Head of Partnerships of IQM Quantum Computers. “We are bringing some of the best quantum experts in this world together to find a fast lane to quantum advantage. Our customers and end-users globally will benefit from this unique joint offering, and we can’t wait to share the results of this collaboration.”

Multiverse’s Singularity SDK is a front-runner in delivering intuitive quantum software plug-ins as well as quantum-inspired algorithms for a wide range of applications including optimization, machine learning and simulations. IQM’s co-designed quantum computers minimize non-essential overheads and offer novel chip architecture and ultrafast quantum operations.

“While Multiverse can offer added value today with our quantum-inspired solutions, being a part of a custom full-stack solution is key for Singularity’s adoption and will ultimately drive the adoption of quantum computing technologies,” said Mehdi Bozzo-Rey, Chief Revenue Officer at Multiverse Computing. “This combined offering means both our customers can explore the power of quantum computing with customized solutions dedicated to solving their particular business challenges.”

Jani Heikkinen, Head of Business Development and Country Manager of IQM Quantum Computers Spain S.L., said, “IQM is well-positioned to support our partners in Spain through our Madrid office. This partnership with a leading Spanish quantum software company boosts our European leadership and our commitment to develop the Spanish quantum ecosystem.”

James Dargan

James Dargan

James Dargan is a contributor at The Quantum Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader

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