QInnovision Consortium Welcomes Kipu Quantum as First International Startup

May 24, 2024

We are thrilled to announce that Kipu Quantum, a world-leading player in algorithms for quantum computers, has joined the QInnovision Consortium as our first international startup member.

Kipu Quantum stands out for its unwavering focus on application- and hardware-specific quantum solutions. Its technology, offering unparalleled compression through digital, analog, and digital-analog encoding, empowers customers in the pharmaceutical, chemical, logistics, and financial sectors to execute highly complex processes on current quantum hardware. Kipu’s technology significantly accelerates the time to market for quantum computing applications.

We are also delighted to share that Prof. Enrique Solano has recently joined QInnovision Consortium as an International Advisor to the steering committee. Prof. Solano expressed his enthusiasm about this new collaboration: “I am honored by the decision of Vernewell Group Executives to appoint me to the Steering Committee. I am confident that the consortium is committed to bringing the benefits of quantum computing to industry, and I am excited about the opportunities ahead.”

We are also proud to share the success of the recent Pasqal Perspectives on Quantum event, held at Sorbonne University Abu Dhabi. This event served as a platform for fostering our shared vision of building a thriving quantum computing ecosystem. Pasqal, a strategic partner of Kipu Quantum, played a pivotal role in advancing all parties’ shared goals and initiatives, further solidifying our commitment to collaboration and ecosystem development.

With Kipu Quantum joining our consortium, we are poised to drive significant advancements in quantum computing applications across various industries. We look forward to the innovative contributions they will bring to our community.

Stay tuned for further announcements during Make it in the Emirates, where Kipu Quantum and Vernewell Group will be present.

About QInnovision Consortium:
QInnovision Consortium is dedicated to accelerating the adoption and advancement of quantum computing technologies across industries. By bringing together leading organizations and innovators, we aim to foster collaboration, share knowledge, and drive the practical application of quantum computing.

For more information, please contact: info@vernewellgroup.com or visit our website www.qinnovision.com 

About Kipu Quantum GmbH                                  
Kipu Quantum is a German company based in Karlsruhe and Berlin that operates at the intersection of quantum computer hardware and application software layers, developing disruptive application- and hardware-specific quantum algorithms for a wide range of industries. These algorithms are based on a one-of-a-kind compression technology that requires orders of magnitude less quantum processor resources to solve a given problem than comparable approaches. Kipu Quantum’s technology has the potential to solve industry- relevant problems in the order of 1,000 physical qubits and is compatible with any leading quantum hardware. The company is currently testing its technology with customers in the pharmaceutical, chemical, logistics and financial industries. To learn more about Kipu Quantum, visit www.kipu-quantum.com.

Press contact:
Joanna Folberth
joanna.folberth@kipu-quantum.com