ParityQC Listed For €208.5 Million Contract To Build Quantum Computers In Germany

Parityqc Listed For €208.5 Million Contract To Build Quantum Computers In Germany

ParityQC, alongside four partners, has won a €208.5 Million contract from the German Aerospace Center (DLR) to build ion trap quantum computers in Germany. The contract, which comes under the DLR Quantum Computing Initiative, is one of Europe’s biggest investments in quantum computing and comes at a time when ParityQC is experiencing rapid growth. 

ParityQC started as a spin-off of the University of Innsbruck and has grown into one of the leading players in the quantum computing sector within two and half years. At the core of its technology is the unique ParityQC Architecture, which attracted Hermann Hauser, a world-renowned microprocessor pioneer and ParityQC investor.

“ParityQC’s unique architecture for quantum computers will set new standards for how highly scalable quantum computers will be built within the next decade,” s

tate Magdalena Hauser and Wolfgang Lechner, co-founders and CEOs of ParityQC.

The DLR Quantum Computing initiative is focused on building scalable computers. Under the initiative, the project partners, ParityQC, eleQtron, NXP® Semiconductors Germany, QUDORA Technologies, and Universal Quantum Deutschland, are expected to build prototype quantum computers within the next four years. The firms will work closely in the offices and labs of the DLR Innovation Centre in Hamburg.

ParityQC is an appropriate partner since it has three impressive publications highlighting its research into building scalable, modular, universal quantum computers based on the ParityQC Architecture. 

Their papers “Universal Parity Quantum Computing” was published in Physical Review Letters, “Applications of Universal Parity Quantum Computation” in Physical Review A, and “Modular Parity Quantum Approximate Optimization” in PRX Quantum. They were written by ParityQC’s physicists and Wolfgang Lechner’s research group at the University of Innsbruck.

ParityQC’s findings will be implemented in the DLR Quantum Computing Initiative framework and will serve as the foundation for connecting the chips into a modular framework. Each module will have its little quantum processor with ten qubits, and the structure can expand to include many circuits with thousands of qubits.

The project will progress through several stages. First, ParityQC, NXP Semiconductors, and eleQtron will develop a 10-qubit demonstration model to gain expertise with ion trap systems and accelerate their development. ParityQC and its two collaborators will also participate in another project to develop modular and scalable ion trap quantum computers based on a universal quantum computer architecture.

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