Kipu Quantum and Quantum South Announce Strategic Partnership
Karlsruhe, Germany / Montevideo, Uruguay – June 4th 2024
Kipu Quantum GmbH, a German quantum software company focusing on developing application- and hardware-specific quantum solutions for or a wide range of industries, and Quantum South, a quantum computing startup with solutions for logistics optimization, are pleased to announce a strategic partnership aimed at transforming industries across Latin America and other global markets. This alliance is set to leverage the unique strengths of each company to introduce groundbreaking quantum computing applications in telecommunications, banking and financial services, and logistics.
The collaboration between Kipu Quantum and Quantum South marks a pivotal step in harnessing the power of quantum computing to solve complex, real-world problems. The partnership will focus on developing and deploying advanced quantum solutions that promise to enhance efficiency, security, and profitability for businesses in critical industry sectors. These solutions include Kipu’s unique application- and hardware-specific quantum algorithms that are packaged into software products.
“Working with Quantum South gives us an exceptional opportunity to expand our reach and apply our cutting-edge quantum solutions to diverse industries in Latin America,” said Daniel Volz, CEO of Kipu Quantum. “Together, we are set to redefine what’s possible, driving quantum innovation forward.”
Martin Machin, Co-Founder of Quantum South, emphasized the potential of this partnership, “Quantum South is thrilled to partner with Kipu Quantum as we align our expertise and resources to pioneer the integration of quantum technologies in key industries. Our joint efforts will focus on creating scalable, impactful solutions tailored to the dynamic needs of markets in Latin America and beyond.”
“Our ambition is approaching quantum advantage for industry use cases now, within our NISQ era”, said Enrique Solano, Kipu Quantum’s Chief Visionary Officer. “ Kipu offers the highest compression and encoding of digital, analog, and digital-analog quantum solutions in all advanced quantum processors.”
The collaboration between Kipu Quantum and Quantum South represents a commitment to advancing the state of technology in critical industries, which will naturally resonate with stakeholders interested in the future of quantum computing and its applications.
About Quantum South
Founded in 2019, Quantum-South works with complex optimization problems for air and maritime cargo leveraging quantum computing software. Quantum South was born in Universidad de Montevideo and is the first quantum start-up in Latin America. Quantum South aims to achieve better results than conventional solutions available today and help companies to improve revenues and reduce costs.
www.quantum-south.com
Contact: info@quantum-south.com
About Kipu Quantum
About Kipu Quantum
Kipu Quantum is a world-class German company dedicated to advancing application- and hardware-specific quantum computing solutions across diverse industries. Since its founding in 2021, Kipu Quantum has consistently delivered groundbreaking innovations, achieving runtime quantum advantage and pioneering first quantum products. These advancements underscore the company's commitment to addressing industry-relevant challenges through innovative algorithmic technology.
The company offers its solutions as quantum software on its PLANQK platform, which enables frictionless access for more than 220 organizations to integrate quantum solutions into their existing processes. Kipu Quantum is also the pioneer in the core merging of artificial intelligence with quantum computing. Kipu Quantum designs and builds smart agents along quantum workflows involving hardware and software, giving rise to the novel field called Agentic Quantum Computing.