From quantum popcorn to multi-billion markets
How is Kipu Quantum different?
The majority of the hardware developers in the quantum computing industry is focused on developing universal devices on a long horizon (so called FTQC, see “Technology“, while software players occupy the interface to end users and try to develop hardware-agnostic algorithms that make use of the intermediate steps the best way they can. To illustrate, IBM announced to move from 65 to 127 qubits in 2021, to 433 in 2022, to 1,121 in 2023. Unfortunately, today’s 50 to 100 noisy qubits have not been good enough to solve the problems the approached end users would find interesting like this.
Kipu Quantum turns this approach around – we rigorously productize today’s available hardware by mapping it to customer customer needs that can be solved immediately or in the very near future. We also apply our technology tool box , which is based on more than one decade of research .
What are Kipu's target customers?
We see 5 target markets, in which we are developing 5 product lines.
Comprising of visual art as well as music, where artists can create by using quantum effects like true randomness, entanglement or quantum teleportation
Interactive exhibits that allow the public to experience and learn about quantum computing in science and contemporary art museums
Specialized solutions which allow children and teenagers to play with and study quantum systems to learn quantum physics and get used to quantum computing and the specific way computer science will be affected by it.
Tools which can be employed in neuroscience, climate modeling, astrophysics, biochemistry or nuclear physics to do science and modeling
specialized tools which target selected economically relevant problems or develop new tools, like solid state modeling in chemistry (eg battery materials, semiconductors), numeric optimizations in manufacturing (eg. logistics or supply chain optimization), protein modeling in pharma, financial modeling or new tools around natural language processing (NLP) or neuromorphic computing.
The beautiful thing about the art, exhibition and school vertical is that they fall in what we dubbed quantum popcorn – we can start to serve them with products starting at a single functional physical qubit, which allows us to immediate productize in this market and build our supply chain. The university and industry markets can be served once about 100-1000 qubits are available, which we assume to be the case around 2023 based on the released hardware roadmaps.